Our investment case

MTN is a pure-play emerging market mobile operator: Our investment case is built on the group's key differentiators as well as our plan to take advantage of the opportunities that these present.

Strong position in the right markets High growth Middle East and Africa regions In three of the four largest economies Top two position in all markets		Exciting demographic opportunity Fast-growing, youthful population Low levels of data and digital adoption Enterprise and wholesale opportunity
Attractive return profile Demographics drive revenue growth Efficiencies improve margins Smart capex moderates investment		Well positioned for the long term Progressive dividend Sustainable leverage Positioned for expansion