MTN Group
MTN Group Limited, formerly M-Cell, is known as a South African multinational mobile telecommunications business with operations in many African and Asian countries. The company's headquarters is in Johannesburg, South Africa.
The company was founded in 1994 with the support of the South African government. In June 2008, MTN Group signed an agreement to acquire Verizon Business South Africa - a provider of data services to customers in South Africa and four other African countries.
Since its founding, MTN has strived for growth by investing in sophisticated communications infrastructure, as well as developing new technologies to provide services to communities across Africa and the Middle East. Strategically, the company is focused on building the largest and most valuable platform business with a specific focus on Africa. MTN's 2025 ambition is to enhance the brand, footprint, and infrastructure, and deliver leading digital solutions for the advancement of African nations. This is based on scale connectivity and infrastructure with mobile and fixed access networks in the consumer, enterprise, and wholesale segments.
In 2014, MTN was named in BrandZ's list of the 100 Most Valuable Global Brands and was recognized as the Most Admired and Most Valuable Brand in Africa. MTN has mobile coverage in more than 20 countries around the world with a third of the company's revenue coming from Nigeria, where it has about 35% market share. With 280 million users as of December 2020, MTN Group ranked as the eighth-biggest mobile network provider in the world and the largest in Africa.
MTN Group is the main sponsor of the South African national rugby union team, as well as many British football clubs such as Manchester United and the Zambian Super League. In addition, the group's subsidiary in Nigeria also has a sponsorship agreement with the Nigeria Football Federation.
Industry: Telecommunications
Founded: 1994
Headquarters: Johannesburg, South Africa
Website: https://www.mtn.com/