Jump to content

MTN Group

From Wikipedia, the free encyclopedia
(Redirected from MTN (South Africa))
"Mobile Telephone Networks" redirects here. For cellular radio networks, see cellular network.

MTN Group Limited
FormerlyM-Cell
Company typePublic
JSE: MTN
IndustryTelecommunications
Founded1994; 30 years ago (1994)
Headquarters
Johannesburg
,
South Africa
Area served
Africa
Key people
ProductsGSM-related products
Internet services
Revenue
  • IncreaseR179.361 billion (US$12.14 billion, 2020)
  • R151.460 billion (US$10.25 billion, 2019)[1]
Increase US$5.22 billion (2015)
Increase US$3.345 billion (2015)
Total assetsDecrease US$13.762 billion (2015)
Total equityIncrease US$12.433 billion (2015)
Number of employees
19,288 (2020)
Subsidiariesvisafone
SuperSonic
Websitewww.mtn.com
MTN mobile shop in South Africa

MTN Group Limited (formerly M-Cell)[2] is a South African multinational corporation and mobile telecommunications provider. Its head office is in Johannesburg.[3][4] MTN is among the largest mobile network operators in the world, and the largest in Africa.

MTN is active in over 20 countries, with one-third of company revenue generated in Nigeria, where it held about 35 percent market share in 2016,[5] and 289.1 million subscribers in December 2022.[6]

MTN Group is the primary sponsor of the South Africa national rugby union team and sponsors English football club Manchester United and Zambian Super League. The Nigerian subsidiary of the group also has an existing sponsorship deal with the Nigerian Football Federation.[1]

History

[edit]

The company was founded in 1994 as M-Cell with assistance from the South African government.[7] In 1995, it replaced its then CEO, John Beck, with Robert (Bob) Chaphe and founder Leena Jaitley.[8] In 2001, the company reported that its controlling shareholder was Johnnic Holdings, and the chairperson was Irene Charnley.[9] In 2002, Phuthuma Nhleko became the CEO,[10] replacing then-CEO Paul Edwards, who had invested in expansion to Nigeria.[11]

MTN's competitors in South Africa include Vodacom, Cell C and Telkom Mobile.[12]

In May 2008, Bharti Airtel, an India-based telecommunications company, explored the possibility of buying MTN Group.[13] Reliance Communications was also in talks with MTN for a "potential combination of their businesses".[14][15] In July, the two companies ended discussions regarding the merger.[16]

In June 2008, MTN Group agreed to purchase Verizon Business South Africa, which was a provider of data services to customers in South Africa and four other African countries.[17] The acquisition was completed on 28 February 2009.[18]

On 26 June 2009, MTN Group's subsidiary merged with Belgacom International Carrier Services (BICS), a subsidiary of Belgacom.[19] The combined subsidiary functioned as the international gateway for carrier services of MTN.[20]

In October 2012, MTN announced a partnership with Afrihost to provide DSL Broadband services in Africa.[21][22]

In November 2012, South African holding company Shanduka Group acquired a minority stake in MTN Group's Nigeria business for $335 million.[23]

MTN mast in Kaduna State

In 2014, the company sold its tower portfolios in Côte d’Ivoire, Cameroon, Zambia and Rwanda to IHS Towers.[24] That year, MTN was named to the 2014 BrandZ Top 100 Most Valuable Global Brand rankings and named the Most Admired and Most Valuable Brand in Africa,[25] retaining the latter ranking in 2015.[25] IHS Towers later acquired MTN South Africa’s towers, in 2022.[26]

In March 2016, the company appointed Rob Shuter as CEO,[27] who was succeeded on 1 September 2020 by Ralph Mupita.[28]

In May 2023, in support of the company's "Ambition 2025" plan to structurally separate its fibre business; MTN rebranded subsidiary MTN GlobalConnect as Bayobab, operating as Bayobab Fibre and Bayobab Communication.[29] On March 14, 2024, several undersea cables were cut, disrupting service for the Africa Coast to Europe.[30] Bayobab repaired the disabled ACE and WASC lines during the following week.[31]

MTN Ghana IPO

[edit]
MTN Sim Card re-registration in Accra, Ghana

On 31 May 2018, MTN Ghana launched its initial public offering (IPO).[32] The IPO closed on 31 July 2019. A total of up to 4,637,394,533 ordinary shares of MTN Ghana, representing 35% of its equity was offered to qualifying applicants. This was part of the agreement between MTN Ghana and Ghana's National Communications Authority (NCA) in November, 2015 for MTN Ghana to deploy 4G LTE mobile services to its customers in Ghana.[33] Among other methods of payments, MTN mobile money was included as a payment option for the MTN share offer subscription. This was the first time mobile money had been used as a payment method in an IPO.[34] The current CEO of MTN Ghana is Mr. Selorm Adadevoh.[35]

MTN Shuts Down Stores

[edit]

On 23 February 2017, Nigerian protestors attacked a MTN office in Abuja, Nigeria as a counterattack due to violence targeted against Nigerians in South Africa.[36][37]

In September 2019 MTN began closing stores in Nigeria and some of their stores in Johannesburg, South Africa due to rioting, looting, and attacks on some of their facilities.[38][39][40][41][42][43]

Geoffrey Onyeama the Nigerian Foreign Minister stated at a press briefing on 4 September 2019, that MTN group along with Shoprite, stated that the targeted South African stores in Nigeria are "subsidiaries that are owned by Nigerians." And that "the property owned by Nigerians within Nigeria and the people working there are Nigerians."[44]

Lai Mohammed, Nigeria's Minister of Information and Culture, reported that some of the South African companies that were attacked in Nigeria have Nigerian investors owning significant amounts of stakes, and Nigerian employees.[45][46]

MTN has stated that they will continue to do business in Nigeria.[47][48]

Services

[edit]

In March 2019 MTN launched a WhatsApp channel to let its customers buy airtime and data bundles through the messaging app.[49] Customers can also check their balances and store their credit or debit cards in the app for future purchases. The service is provided by another South African company, Clickatell.[50]

In the same year, MTN launched a communication platform ayoba.[51]

Cyprus branch re-branding

[edit]

MTN sold its Cyprus branch to Monaco Telecom for €260 million in July 2018.[52] It was later re-branded as Epic in June 2019.[53][54]

In December 2019, former Deputy Finance Minister of the Government of South Africa, Mcebisi Jonas, was appointed as the board chairperson of the company.[55]

Middle East exodus

[edit]

In August 2020, MTN decided to sell its shares in Syria, Afghanistan and Yemen, and to divest its 49% minority holding in Irancell over time. The company's decision was based on the fact that their assets in the Middle East contributed less than 4% to group earnings in the first half of the year.[56] MTN Group has transferred its majority 82.8% shareholding in MTN Yemen to Emerald International Investment, thereby exiting the market.[57]

Sale of stake in Jumia

[edit]

On 30 October 2020, MTN made public the sale of their shares in the e-commerce brand Jumia. The sale was worth 142.31 million dollars.[58]

MTN Mastercard Collaboration

[edit]

In February 2021, the MTN Group partnered with Mastercard to ensure safe and secure global e-commerce payments of their customer base in 16 African countries. A Mastercard virtual payment platform, that is linked to MTN MoMo (Mobile Money) wallets makes this possible.[59]

Mobile Money spin-off

[edit]

In March 2021, MTN CEO Ralph Mupita announced during the company's annual results call that the group was now considering spinning off its mobile money activities. "We see a separation and carve out of our fintech business as something that we have to do”.[60] In April 2021, he estimated the value of the group's mobile money arm to at least US$5 to 6 billion.[61]

Technology

[edit]
MTN 5G Cell site in Johannesburg, South Africa

MTN South Africa provides GSM, UMTS, HSPA+ (21.1 Mbit/s), HSUPA (42 Mbit/s, 2100 MHz), VOIP, 3G, 4G, LTE and 5G services.[62] On 1 December 2011, MTN became the second cellular provider to introduce 4G and LTE in South Africa[63] They were also the first network operator in South Africa to launch a live public 5G network available in Johannesburg and Cape Town on 30 June 2020.[64][65][66][67]

Coverage

[edit]

MTN acquired Investcom, mainly under the Areeba and Spacetel brands.[68]

As of Q2 2024,[69] MTN is active in:

Country Subscribers
(in millions)		 Note
 Benin 7.237 (formerly Investcom)
 Botswana 1.844 (operates under the MASCOM brand)
 Cameroon 11.492
 Republic of Congo 3.556
 Eswatini 1.041 (operates under the MTN Eswatini brand)[70]
 Ghana 28.358 (formerly Areeba)
 Guinea 2.886 (formerly Investcom)
 Guinea Bissau 2.122 (formerly Investcom)
 Iran 55.128 (operates under the MTN Irancell brand)
 Ivory Coast 15.922
 Liberia 2.122 (operates under the Lonestar Cell brand)
 Nigeria 79.393 Has the most MTN Subscribers
 Rwanda 7.501 20 percent owned by Crystal Telecom Rwanda
 South Africa 38.465
 Sudan 7.792 (formerly Investcom)
 South Sudan 2.946 (see MTN South Sudan, formerly Investcom)
 Uganda 20.724 (2024)[71] MTN Uganda
 Zambia 6.897 MTN Zambia is the mobile network market leader in Zambia with a market share of 44 percent.[72]

SuperSonic

[edit]

Supersonic is an Internet service provider that was founded in Johannesburg, South Africa in 2018 by MTN Group in [73][74] to provide FTTH (Fibre) Internet services to South African consumers. SuperSonic is owned by MTN Group.[75][76]

Supersonic provides Fibre through most Service Providers including OpenServe and Vumatel.[77] SuperSonic also offers “Air Fibre”, a 5G Based Mobile data service introduced in February 2021.[78][79][80]

In July 2021, they were fourth from the bottom of a list of 16 big ISP's that were rated.[81]

Sponsorships

[edit]

MTN Group sponsored the CAF Champions League football competition, as well as APOEL FC, winners of the Cypriot First Division in 2009, 2011, 2013 and 2014, and participants in the 2009–10 and 2011–12 UEFA Champions League.[82]

On 18 March 2010, it was announced that MTN signed a sponsorship deal with English football club Manchester United F.C.[83]

MTN Group has been the title sponsor of the Ghana FA Cup, renaming the competition as MTN FA Cup, since 2010.[84]

Since 2017, MTN Group is the primary sponsor of the South Africa national rugby union team.

From 2013 till date, its foundation - MTN Foundation- has sponsored Nigerian Students with financial and educational grants well over ₦2.5 billion. It gave over 1,000 students across 2 geo-political zones in Nigeria ₦300,000 grant each in October, 2024.[85][86]

Controversies

[edit]

Iran

[edit]

MTN has been criticised for its activities in Iran's telecommunications sector. MTN has a 49 percent stake in government-controlled MTN Irancell, the second-largest mobile phone operator in Iran, and 21 percent of MTN's subscriber base is from the country. In January 2012, the US-based advocacy group United Against Nuclear Iran (UANI) launched a campaign publicly calling for MTN to scale back its operations in Iran and end its business in the country. UANI alleges that MTN technology is "enabling the Iranian government to locate and track individual cellphone users which it says is a violation of users' human rights".[87]

In June 2012, Reuters and the BBC reported an allegation by Chris Kilowan, a former executive for the company in Iran, that MTN Group may have been complicit in securing American telecommunications technology from Sun Microsystems, Hewlett-Packard and Cisco Systems on behalf of Irancell, in violation of trade sanctions against Iran. Oracle, which owns Sun Microsystems, said that it was investigating and denied involvement, saying that it complies with US export laws. Hewlett-Packard issued a similar statement. MTN Group denied the allegations, saying that it complied with US sanctions against Iran.[88]

Turkcell court case

[edit]

Turkey's Turkcell filed a $4.2 billion lawsuit in Washington, D.C., in 2012 alleging the company used bribery to win a mobile licence in Iran that was first awarded to Turkcell. The court delayed the case in October 2012 pending a US Supreme Court decision on the Alien Tort Statute, the US human rights law on which Turkcell's suit is based.[89] In May 2013, Turkcell dropped its multibillion-dollar US lawsuit against MTN Group, citing a US Supreme Court ruling that hurt its case. On 27 November 2013, Turkcell resumed in Johannesburg.[90][91]

Nigeria $5.2 billion fine

[edit]
Main article: MTN $5.2 billion fine
MTN Nigeria Building in Lagos, Nigeria

In 2015, the Nigerian subsidiary of MTN was fined by the Government of Nigeria through the telecommunications regulator, Nigerian Communications Commission (NCC) for partial compliance of regulatory guidelines to Mobile Network Operators to disconnect from their network, all improperly registered Subscribers Identification Modules (SIM). The commission exercised section 20(1) of the Telephone Subscribers regulation (TSR) law on MTN, leading to a calculated fine of $5.2 billion, according to the constitution.

The compliance audit carried out by the NCC on MTN network revealed unregistered 5.2 million customers lines were not deactivated as directed. This led to the NCC fining MTN with the sum of $1000 for each unregistered SIM according to the Telephone Subscribers regulation (TSR) law, which amounted to $5.2bn.[92][93]

What followed was major resignations among the top echelon of the organization including the chief executive officer, Sifiso Dabengwa, the Head of Nigeria Operation, Micheal Ikpoki and the Head of Cooperate Affairs, Akinwale Goodluck being replaced with Phuthuma Nhleko, Ferdi Moolman and Amina Oyegbola as new chairman, managing director and Head of Corporate and Regulation respectively.[94]

The new management employed a diplomatic measure between the government of the Republic of South Africa and its Nigerian counterpart to ameliorate the burden of the liabilities from the fine. This action brought about the reduction of the liability to $3.2 billion.[95][96][97]

South Africa

[edit]

In September 2021, MTN announced that it will close its zero-rated access to the popular social network Twitter. As of early 2022, MTN has had poor internet connection throughout the country; the cause is still unknown.

See also

[edit]

References

[edit]
  1. ^ a b "MTN Group Limited Annual financial results for the year ended 31 December 2020 - Summary group income statement". www.mtn-investor.com. Archived from the original on 15 September 2021. Retrieved 15 September 2021.
  2. ^ "M-Cell is Now MTN Group Limited." PR Newswire: 1. 11 October 2002. ProQuest. Web. 11 November 2013
  3. ^ "Head Office South Africa". Archived from the original on 14 August 2024. Retrieved 15 August 2011.
  4. ^ "MTN loses nearly 2 million subscribers in six months". www.iol.co.za. Archived from the original on 24 December 2020. Retrieved 26 February 2020.
  5. ^ "MTN settles Nigeria fine & looks at listing on the Nigerian Stock Exchange". African Business Central. 11 June 2016. Archived from the original on 30 October 2020. Retrieved 31 December 2016.
  6. ^ MTN Group Limited. "What are we doing today?Annual financialresultsfor the year ended 31 December 2022" (PDF). mtn.com. p. 1. Archived (PDF) from the original on 19 October 2023. Retrieved 14 October 2023.
  7. ^ "South African black lobby disappointed by MTN's new white CEO". Reuters. 22 June 2016. Archived from the original on 24 December 2020. Retrieved 31 May 2020.
  8. ^ "Cell C hopes American boss will take it to the next level". www.iol.co.za. Retrieved 31 May 2020.
  9. ^ "MTN 2001 Annual Report". www.mtn-investor.com. Archived (PDF) from the original on 31 May 2020. Retrieved 31 May 2020.
  10. ^ Lourie, Gugulakhe (25 May 2009). "NEWSMAKER-MTN's Nhleko, a shrewd dealmaker". Reuters. Archived from the original on 4 August 2020. Retrieved 24 March 2020.
  11. ^ Brkic, Branko (1 March 2010). "MTN CEO calls it quits; will they get lucky again?". Daily Maverick. Archived from the original on 4 August 2020. Retrieved 31 May 2020.
  12. ^ Staff Writer. "South African mobile market share: Vodacom vs MTN vs Cell C vs Telkom". Archived from the original on 27 September 2021. Retrieved 27 September 2021.
  13. ^ "Bharti Airtel-MTN $ 24 billion deal called off". The Economic Times. 1 October 2009. Archived from the original on 14 September 2017. Retrieved 6 September 2017.
  14. ^ Lakshman, Nandini (27 May 2008). "Exit Bharti, Enter Reliance in MTN Tango". Bloomberg. Archived from the original on 9 December 2018. Retrieved 7 December 2018.
  15. ^ "India's Reliance Communications plans merger with MTN". The Times Online. Archived from the original on 11 June 2011. Retrieved 22 September 2013.
  16. ^ Anand, Sameera. "Merger talks fail between Reliance and MTN | reliance communications, mtn, bharti, ambani". FinanceAsia. Archived from the original on 24 March 2020. Retrieved 24 March 2020.
  17. ^ "MTN buys Verizon South Africa". TeleGeography. 25 June 2008. Archived from the original on 28 September 2013. Retrieved 22 September 2013.
  18. ^ "MTN completes purchase of Verizon Business" (Press release). mtn.co.za. Archived from the original on 5 May 2013.
  19. ^ "MTN, BICS to combine global carrier services". Reuters. 26 June 2009. Archived from the original on 24 March 2020.
  20. ^ "BICS, MTN combine carrier services". www.bizcommunity.africa. Archived from the original on 24 March 2020. Retrieved 24 March 2020.
  21. ^ "Company Announcement: MTN Business set to drive innovation into the Business World". Engineering News. 21 November 2012. Archived from the original on 27 September 2013. Retrieved 22 September 2013.
  22. ^ "MTN Business and Afrihost in ground-breaking partnership". ITWeb. 27 November 2012. Archived from the original on 23 June 2021. Retrieved 11 August 2020.
  23. ^ Maylie, Devon (28 November 2012). "Shanduka Group Buys Stake in MTN Nigeria". Wall Street Journal. Archived from the original on 9 December 2018. Retrieved 7 December 2018.
  24. ^ "IHS concludes MTN tower buy-out in Zambia, Rwanda". Engineering News. Retrieved 28 August 2024.
  25. ^ a b "MTN Africa's Most Admired Brand 2015". African Business Magazine. 27 October 2015. Archived from the original on 5 September 2020. Retrieved 1 September 2020.
  26. ^ "IHS Towers completes its acquisition of MTN South Africa's 5,701 tower portfolio". Tower Exchange. Retrieved 28 August 2024.
  27. ^ Hill, Liezel; Prinsloo, Loni (24 October 2016). "MTN Says New CEO Shuter to Join Early as Data Traffic Soars". Bloomberg. Archived from the original on 31 August 2020. Retrieved 24 October 2016.
  28. ^ "PROFILE: Ralph Mupita — MTN's man with a plan". BusinessLIVE. Archived from the original on 25 September 2020. Retrieved 18 September 2020.
  29. ^ "MTN GlobalConnect rebrands as Bayobab". Tech Central. Retrieved 29 August 2024.
  30. ^ "Major fibre cut takes banks in Nigeria and South Africa offline". Tech Cabal. 14 March 2024. Retrieved 29 August 2024.
  31. ^ "Undersea cable cut: MTN Group restores 100% network connectivity globally". 3News. Media General Ghana. 21 March 2024. Retrieved 29 August 2024.
  32. ^ AfricaNews (4 June 2018). "MTN Ghana rolls out historic mobile money-based IPO". Africanews. Archived from the original on 19 October 2023. Retrieved 27 September 2021.
  33. ^ "All you need to know about MTN's IPO". Archived from the original on 24 June 2018. Retrieved 24 June 2018.
  34. ^ "How to buy MTN Ghana Share (Using MTN Mobile Money)". goldchestgh.com. Archived from the original on 14 August 2024. Retrieved 27 June 2018.
  35. ^ "MTN Ghana records profit of GH₵1.4 billion - MyJoyOnline.com". www.myjoyonline.com. Archived from the original on 30 May 2021. Retrieved 29 May 2021.
  36. ^ "Xenophobic attacks in So. Africa trigger retaliation against MTN office in Nigeria; So. African Govt. calls for calm & restraint | Business & Human Rights Resource Centre". www.business-humanrights.org. Archived from the original on 31 January 2020. Retrieved 24 March 2020.
  37. ^ Carsten, Paul (23 February 2017). "Nigerian protesters vandalise MTN head office in Abuja". Reuters Africa. Archived from the original on 25 February 2017.
  38. ^ "MTN Nigeria says all stores closed after anti-SA attacks". Moneyweb. 4 September 2019. Archived from the original on 12 August 2020. Retrieved 26 February 2020.
  39. ^ Mbachu, Dulue (4 September 2019). "MTN and Shoprite Among Firms in Nigeria Facing Xenophobia Backlash". www.bloomberg.com. Archived from the original on 25 November 2020. Retrieved 26 February 2020.
  40. ^ "Under siege in Nigeria, South African businesses shut stores". news.yahoo.com. 4 September 2019. Archived from the original on 4 August 2020. Retrieved 26 February 2020.
  41. ^ "South African Businesses Take Damage in Nigeria, Zambia Over Xenophobic Riots". Fortune. Archived from the original on 12 November 2020. Retrieved 26 February 2020.
  42. ^ "MTN CEO Godfrey Motsa lashes out at 'despicable' xenophobia - TechCentral". techcentral.co.za. 5 September 2019. Archived from the original on 4 August 2020. Retrieved 26 February 2020.
  43. ^ "MTN confirms attacks and closure of its outlets in Nigeria". SowetanLIVE. Archived from the original on 24 September 2020. Retrieved 26 February 2020.
  44. ^ "Under siege in Nigeria, South African businesses shut stores". Reuters. 5 September 2019. Archived from the original on 4 August 2020. Retrieved 26 February 2020.
  45. ^ Munshi, Neil (4 September 2019). "South African businesses in Nigeria face retaliatory attacks". www.ft.com. Archived from the original on 11 December 2022. Retrieved 26 February 2020.
  46. ^ "Xenophobic attacks in So. Africa trigger retaliation against MTN office in Nigeria; So. African Govt. calls for calm & restraint | Business & Human Rights Resource Centre". www.business-humanrights.org. Archived from the original on 31 January 2020. Retrieved 26 February 2020.
  47. ^ Mahlakoana, Theto. "MTN to stay in Nigeria despite xenophobia retaliation attacks". ewn.co.za. Archived from the original on 11 September 2019. Retrieved 26 February 2020.
  48. ^ Smith, Elliot (18 September 2019). "South African firms' foreign operations could be at risk after xenophobic attacks". CNBC. Archived from the original on 24 November 2020. Retrieved 26 February 2020.
  49. ^ Shapshak, Toby. "MTN Launches 'World-First' Airtime Top-Up Through WhatsApp". Forbes. Archived from the original on 7 November 2020. Retrieved 27 September 2021.
  50. ^ Toby Shapshak. "MTN Launches 'World-First' Airtime Top-Up Through WhatsApp". Forbes. Archived from the original on 7 November 2020. Retrieved 26 March 2019.
  51. ^ ANKIILU, MASAHUDU (20 February 2023). "Why MTN Ayoba Is The Real Game-changer Messaging App". Archived from the original on 16 August 2023. Retrieved 16 August 2023.
  52. ^ Bowker, John (16 July 2018). "MTN Sells Cyprus Unit to Monaco Telecom as Pruning Starts". Bloomberg. Archived from the original on 2 September 2020. Retrieved 25 July 2018.
  53. ^ Staff Reporter (20 June 2019). "MTN rebrands as epic". Cyprus Mail. Archived from the original on 5 August 2020. Retrieved 1 January 2020.
  54. ^ "Cyprus welcomes epic". epic Cyprus. Archived from the original on 22 December 2019. Retrieved 1 January 2020.
  55. ^ "Mcebisi Jonas officially begins new role as MTN board chair". Fin24. 18 December 2019. Archived from the original on 29 December 2019. Retrieved 29 December 2019.
  56. ^ "UPDATE 3-South Africa's MTN to exit Middle East to focus on Africa". Reuters. 6 August 2020. Archived from the original on 7 August 2020. Retrieved 7 August 2020.
  57. ^ Barton, James (18 November 2021). "MTN Group exits Yemen via stake sale to Emerald International". Developing Telecoms. Archived from the original on 11 February 2023. Retrieved 11 February 2023.
  58. ^ "MTN sells shares in Jumia for USD142million". Graphic Online. Retrieved 4 November 2020.
  59. ^ "Mastercard and MTN partner to enable customers pay on global online platforms". Graphic Online. Archived from the original on 1 March 2021. Retrieved 1 March 2021.
  60. ^ "'If we were a bank, we would be a very big bank.' MTN's plans to spin off its mobile money business". Business Insider South Africa. Archived from the original on 13 April 2021. Retrieved 13 April 2021.
  61. ^ Cotterill, Joseph (11 April 2021). "MTN targets valuation of at least $5bn for mobile money arm". Financial Times. Archived from the original on 11 December 2022. Retrieved 13 April 2021.
  62. ^ "MTN | 5G – MTN South Africa". www.mtn.co.za. Archived from the original on 14 August 2024. Retrieved 14 May 2021.
  63. ^ "MTN launches commercial 4G network - TechCentral". techcentral.co.za. 30 November 2012. Archived from the original on 14 May 2021. Retrieved 14 May 2021.
  64. ^ Moyo, Admire (20 July 2020). "Rain's pricing takes 5G war to Vodacom, MTN". ITWeb. Archived from the original on 14 May 2021. Retrieved 14 May 2021.
  65. ^ MyBroadband. "MTN launches 5G – here's what it costs – BusinessTech". Archived from the original on 14 May 2021. Retrieved 14 May 2021.
  66. ^ "This is where you can get MTN 5G coverage - TechCentral". techcentral.co.za. 30 June 2020. Archived from the original on 14 May 2021. Retrieved 14 May 2021.
  67. ^ "MTN launches commercial 5G network in South Africa". RCR Wireless News. 1 July 2020. Archived from the original on 14 May 2021. Retrieved 14 May 2021.
  68. ^ Chihota, Tawanda (2 May 2006). "MTN offers to acquire Investcom for US$5.5 billion". Arabian Business. Archived from the original on 14 August 2024. Retrieved 7 December 2018.
  69. ^ "Annual Results for 2024 - Data Sheet". MTN Group. Archived from the original on 30 July 2019. Retrieved 30 July 2019.
  70. ^ "MTN Eswatini, official website". Archived from the original on 1 November 2020. Retrieved 22 July 2020.
  71. ^ Daily Monitor (2 May 2024). "MTN Uganda Hits 20 Million Customer Milestone". Daily Monitor. Kampala, Uganda. Archived from the original on 10 May 2024. Retrieved 10 May 2024.
  72. ^ "Zambia Market Scoping Report" (PDF). International Finance Corporation. World Bank Group. Archived (PDF) from the original on 1 June 2022. Retrieved 1 June 2022.
  73. ^ Kinuthia, Peter (10 February 2020). "Supersonic Fibre 2020: affordable deals, packages, coverage, and reviews". Briefly. Archived from the original on 19 December 2021. Retrieved 11 July 2021.
  74. ^ "FAQ - Supersonic". www.supersonic.co.za. Archived from the original on 19 December 2021. Retrieved 11 July 2021.
  75. ^ "About Us - Supersonic". www.supersonic.co.za. Archived from the original on 19 December 2021. Retrieved 11 July 2021.
  76. ^ Novity, Craving (20 August 2019). "Supersonic wins the ISP sprint". ITWeb. Archived from the original on 19 December 2021. Retrieved 11 July 2021.
  77. ^ "Coverage Map - Supersonic". www.supersonic.co.za. Retrieved 11 July 2021.
  78. ^ February 2021, Leila Stein 01. "Supersonic launches Unlimited Air Fibre in South Africa". TechRadar. Archived from the original on 19 December 2021. Retrieved 11 July 2021.{{cite web}}: CS1 maint: numeric names: authors list (link)
  79. ^ Labuschagne, Hanno. "Why Supersonic Air Fibre will be better than uncapped LTE and 5G". Archived from the original on 19 December 2021. Retrieved 11 July 2021.
  80. ^ O'Grady, Vaughan (16 April 2021). "Wireless broadband company Supersonic targets South Africa's major cities". Developing Telecoms. Archived from the original on 6 December 2021. Retrieved 6 December 2021.
  81. ^ "Best fibre ISP in South Africa". MyBroadband. 7 July 2021. Archived from the original on 4 November 2021. Retrieved 19 December 2021.
  82. ^ "MTN to Sponsor Top African Competitions | News | Sportcal". www.sportcal.com. Archived from the original on 27 September 2021. Retrieved 27 September 2021.
  83. ^ "Goal.com". Goal.com. 18 March 2010. Archived from the original on 31 January 2020. Retrieved 22 September 2013.
  84. ^ "GFA & MTN agree three-year extension of FA Cup sponsorship". Ghana FA. Archived from the original on 18 December 2023. Retrieved 18 December 2023.
  85. ^ Ibeh, Royal (17 October 2024). "MTN Foundation Awards N2.5bn Scholarships To Nigerian Students". Retrieved 18 October 2024.
  86. ^ "MTN Foundation Empowers 380 Students with N114m Scholarship – THISDAYLIVE". www.thisdaylive.com. Retrieved 18 October 2024.
  87. ^ "U.S. Lobby Group Seeks MTN Pullout From Iran". The Wall Street Journal. 27 January 2012. Retrieved 23 March 2012.
  88. ^ Paivar, Amir. "Iran mobile operator Irancell 'secures US technology'". BBC News. Archived from the original on 31 March 2014. Retrieved 6 June 2012.
  89. ^ "Turkcell withdraws U.S. lawsuit against MTN Group". Reuters. 1 May 2013. Archived from the original on 5 May 2013. Retrieved 5 July 2021.
  90. ^ England, Andrew (27 November 2013). "Turkcell sues MTN in Johannesburg over Iran licence". Financial Times. Archived from the original on 30 November 2013.
  91. ^ "MTN Group Limited Integrated Report: Year Ending 31 December 2013" (PDF). Mtn.com. Archived from the original (PDF) on 15 February 2015. Retrieved 12 November 2015.
  92. ^ Adeyemi Adepetun (27 October 2015). "MTN in talks with NCC over N1.04tr fine on telecoms firm". Guardian Newspaper. Retrieved 27 December 2015.
  93. ^ "MTN CEO Dabengwa Resigns After $5.2bn Nigeria Fine". Thisday Live. Retrieved 28 December 2015.[permanent dead link]
  94. ^ Tonye Bakare (3 December 2015). "MTN Nigeria CEO resigns as FG slashes fine to N674b". Guardian Newspaper. Archived from the original on 13 December 2015. Retrieved 27 December 2015.
  95. ^ Emma Okonji. "MTN Shares Plummet for Second Day on NCC Fine". THIS DAY LIVE. Archived from the original on 30 October 2015. Retrieved 26 December 2015.
  96. ^ "MTN seeks to reduce $5.2bn Nigerian fine". bbc news. 2 November 2015. Archived from the original on 23 July 2019. Retrieved 27 December 2015.
  97. ^ Adeyemi Adepetun (13 August 2015). "MTN claims N10b expenses on SIM registration". Guardian Newspaper. Archived from the original on 20 December 2015. Retrieved 27 December 2015.
[edit]
Wikimedia Commons has media related to MTN Group.
Retrieved from "https://en.wikipedia.org/w/index.php?title=MTN_Group&oldid=1251849384"