MTN Group

The Mobile Telephone Networks (MTN ) Group is a beheimatetes in South Africa multinational telecommunications company that operates in several African countries and the Middle East. The company is headed by CEO Phuthuma Nhleko.

Operations

The MTN Group operates in 21 countries and describes himself as a " leader in telecommunications in Africa and the Middle East." Since 2000, Africa is the fastest growing mobile market in the world.

MTN is active mainly in the area of ​​mobile telephony. The company has 98 million customers (as of March 2009), with Nigeria ( 25.9 million ), Iran ( 18.3 million ) and South Africa ( 17.4 million ), the main markets are.

In 2007, MTN sales of 73.1 billion rand (ZAR ), which represented an increase of 42% over the previous year. Earnings before interest and taxes ( EBITDA) amounted to 31.8 billion ZAR during the same period. 2008, revenue was increased by a further 40 % to 102.5 billion ZAR, EBITDA increased by 36% to 43.2 billion ZAR.

2009 were for the MTN Group 111 900 000 000 ZAR. 2010, they were able to increase sales to 114.7 billion ZAR. The profit before tax increased in 2010 over the previous year of 46.1 billion ZAR to ZAR 50.5 billion.

History

In 1994, the pay- TV operator M -Net Holding the M -Cell, whose only asset is a 25 % stake in MTN Holding. 1997-1999 the expansion began with the purchase of licenses in Rwanda, Uganda and Swaziland. Until 1998, M -Cell increased its stake in MTN to 39.7 %, to 2000 takes over M -Cell MTN completely.

2002 M -Cell was renamed MTN Group Limited. In 2006 the company Investcom LLC was acquired for 5.526 billion U.S. dollars.

International dissemination

Early 2011 was MTN in 21 countries active:

  • Afghanistan ( Investcom )
  • Benin ( Investcom )
  • Botswana ( Botswana Mascom )
  • Ivory Coast (MTN Cote d' Ivoire)
  • Ghana ( Investcom, MTN Ghana)
  • Guinea- Bissau ( Investcom )
  • Guinea ( Investcom )
  • Iran (MTN Irancell )
  • Yemen ( Investcom )
  • Cameroon (MTN Cameroon )
  • Republic of Congo ( MTN Congo SA)
  • Liberia ( Investcom )
  • Nigeria (MTN Nigeria)
  • North Kivu ( Supercell )
  • Rwanda (MTN Rwanda )
  • Zambia (MTN Zambia )
  • South Africa (MTN South Africa)
  • Sudan ( Investcom )
  • Swaziland (MTN Swaziland )
  • Syria ( Investcom )
  • Uganda ( MTN Uganda)
  • Cyprus ( Investcom )

Share

The share of MTN are listed on the Johannesburg Stock Exchange, 72.5 % of the shares are in free float, 18.7 % belong to employees and management.

In 2008 the newly created S & P Africa 40 Index is MTN, the company with the highest weighting.

Indicators

In 2009, MTN had 120 million customers in 21 countries, including 16 million in South Africa. The turnover was 112 billion rand. 20 % of which is on South Africa, the rest to the other countries.

Others

The company was one of the main sponsors of the FIFA World Cup 2010 and has since the year 2008, the international cycling team MTN Qhubeka.

Types of business entity Near East Supercell (company)
577260
de