OverviewSuggest Edit

MTN (Mobile Telephone Networks) is a company that provides telecommunications and digital services. It offers an integrated suite of communications products and services, including traditional mobile voice and data, digital and mobile financial services, and enterprise services.
TypePublic
Founded1994
HQRandburg, ZA
Websitemtn.com
Employee Ratings4.2
Overall CultureA+

Latest Updates

Employees (est.) (Dec 2019)19,288(+3%)
Job Openings11
Revenue (FY, 2019)R151.5 B(+13%)
Share Price (Sept 2021)R122.6(-1%)
Cybersecurity ratingFMore

Key People/Management at MTN

Ralph Mupita

Ralph Mupita

Group President and CEO
S Perumal

S Perumal

Acting Group Chief Financial Officer
Jens Schulte-Bockum

Jens Schulte-Bockum

Group Chief Operating Officer
Yolanda Cuba

Yolanda Cuba

Vice President, SEA
Lele Modise

Lele Modise

Group Chief Legal Counsel
Felleng Sekha

Felleng Sekha

Group Chief Regulatory and Corporate Affairs Officer
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MTN Office Locations

MTN has offices in Randburg, Cotonou, Douala, Abidjan and in 12 other locations
Randburg, ZA (HQ)
216 14th Ave, Fairland
Randburg, ZA
Cresta
Cotonou, BJ
360 Rue, Boulevard de la Marina
Douala, CM
360 Rue Drouot
Brazzaville, CG
Avenue Amilcar Cabral
Abidjan, CI
ABIDJAN 01 PlATEAU , Place de CI, la république
Show all (17)

MTN Financials and Metrics

MTN Revenue

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MTN's revenue was reported to be R151.46 b in FY, 2019 which is a 12.6% increase from the previous period.
ZAR

Revenue (H1, 2020)

84.1b

Gross profit (H1, 2020)

54.7b

Gross profit margin (H1, 2020), %

65.1%

Net income (H1, 2020)

13.3b

EBITDA (H1, 2020)

41.8b

EBIT (H1, 2020)

23.3b

Market capitalization (9-Sept-2021)

22.5t

Closing stock price (9-Sept-2021)

122.6

Cash (30-Jun-2020)

28.9b

EV

22.6t
MTN's current market capitalization is R22.5 t.
Annual
ZARFY, 2017FY, 2018FY, 2019

Revenue

132.8b134.6b151.5b

Revenue growth, %

1%13%

Cost of goods sold

55.9b57.2b54.5b

Gross profit

76.9b77.3b96.9b
Half Year
ZARH1, 2018H1, 2019H1, 2020

Revenue

62.8b72.5b84.1b

Cost of goods sold

26.7b26.6b29.3b

Gross profit

36.1b45.9b54.7b

Gross profit Margin, %

58%63%65%
Annual
ZARFY, 2017FY, 2018FY, 2019

Cash

16.0b15.2b21.7b

Accounts Receivable

30.0b29.4b27.3b

Current Assets

59.9b58.0b75.4b

PP&E

91.8b100.6b98.3b
Half Year
ZARH1, 2018H1, 2019H1, 2020

Cash

13.4b13.3b28.9b

Accounts Receivable

29.3b29.1b34.3b

Current Assets

60.3b56.0b106.9b

PP&E

95.5b99.6b103.6b
Annual
ZARFY, 2017FY, 2018FY, 2019

Net Income

4.5b9.6b10.7b

Cash From Operating Activities

23.7b32.4b36.3b

Purchases of PP&E

(23.9b)(24.2b)(23.4b)

Cash From Investing Activities

(27.6b)(23.2b)(24.5b)
Half Year
ZARH1, 2018H1, 2019H1, 2020

Net Income

4.9b5.3b13.3b

Cash From Operating Activities

13.2b13.7b22.1b

Purchases of PP&E

(10.6b)(12.3b)(9.5b)

Cash From Investing Activities

(14.9b)(13.1b)(13.6b)
ZARFY, 2017

Revenue/Employee

8.4m

Debt/Equity

0.8 x

Debt/Assets

0.3 x

Financial Leverage

2.6 x
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MTN Operating Metrics

MTN's Subscribers was reported to be 261.5 m in H1, 2020.
FY, 2017H1, 2018FY, 2018H1, 2019FY, 2019H1, 2020

Subscribers

217.2 m223.4 m233 m240 m251 m261.5 m

Active Data Users

69.1 m71.2 m79 m82 m95 m101.9 m

Active MTN Mobile Money Customers

21.8 m24.1 m27 m30 m35 m38.3 m
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MTN Acquisitions / Subsidiaries

Company NameDateDeal Size
Simfy AfricaNovember 14, 2018
Visafone CommunicationsJanuary 06, 2016
Smart VillageSeptember 29, 2015
AfrihostJune 02, 2014
InvestcomMay 03, 2006$5.5 b
LonestarCell MTN Liberia
MTN Afghanistan
MTN Benin
MTN Cameroon
MTN Congo-Brazzaville
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MTN Revenue Breakdown

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MTN revenue breakdown by business segment: 46.9% from Outgoing Voice, 7.2% from Incoming Voice, 23.2% from Data, 6.7% from Fintech, 6.4% from Devices and 9.6% from Other

MTN revenue breakdown by geographic segment: 30.3% from South Africa, 31.1% from Nigeria, 18.0% from SEAGHA, 14.5% from WECA and 6.0% from MENA

Human Capital Metrics

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MTN Cybersecurity Score

Cybersecurity ratingPremium dataset

F

42/100

SecurityScorecard logo

MTN Online and Social Media Presence

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MTN Company Culture

  • Overall Culture

    A+

    81/100

  • CEO Rating

    A+

    86/100

  • Compensation

    C+

    68/100

  • Diversity

    A-

    80/100

Learn more on Comparably

MTN News and Updates

MTN Launches Electronic Bank Transfers Through WhatsApp

Having launched a “world-first” to buy airtime through WhatsApp in 2019, Africa’s largest cellular operator, MTN, has launched a way to make instant bank transfers through the Facebook-owned app, an “industry-first” in South Africa,

World Bank To Help MTN Grow Its ‘Human ATMs’ Mobile Money Network

The World Bank’s International Finance Corporation has announced a $2 million partnership with MTN, Africa’s largest cellular operator, to grow its mobile money network in South Africa.

MTN Looks to Finalize Plan to Separate Fintech by Early 2022

MTN Looks to Finalize Plan to Separate Fintech by Early 2022

Global Telecom Operator Growth Strategy Case Studies and Analysis 2021: AIS, Etisalat, MTN, Proximus, Reliance Jio, Singtel, SK Telecom, stc, Telenor, Telstra, Turkcell

Dublin, April 30, 2021 (GLOBE NEWSWIRE) -- The "Telecoms Operator Growth Strategies: Case Studies and Analysis (Volume IV)" report has been added to ResearchAndMarkets.com's offering.

Municipality Finance issues a GBP 65 million tap under its MTN programme

Municipality Finance PlcStock exchange release 28 April 2021 at 9:00 am (EET)

Vodafone Consortium, MTN Group Bid for Ethiopian Licenses

Vodafone Consortium, MTN Group Bid for Ethiopian Licenses
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MTN Blogs

MTN Group scoops African brand awards, named most helpful private sector brand during pandemic

MTN Group’s brand is growing from strength to strength, evidenced by its top rankings in two separate independent brand surveys released this week. MTN remains the ‘Most Admired African Brand’ in the Brand Africa 100: Africa’s Best Brands 2021 survey published on Tuesday. The survey covers 28 countr…

MTN Group’s President Ralph Mupita pays courtesy visit to the Ghana stock exchange

The Group President and CEO of MTN, Ralph Mupita has saluted the Ghana Stock Exchange (GSE) for its role in the ‘Ghana Cares’ national socio-economic priorities that is going to be critical for Ghana’s development going forward. “We are encouraged by the progress we have seen in the development and …

MTN Group reports resilient first quarter 2021 results as data and fintech services accelerate

MTN Group today announced a strong and resilient operational and financial performance in the first quarter of 2021, with growth in service revenue exceeding medium-term guidance, driven by gains in data and fintech revenue. “The MTN Group has delivered a solid Q1 2021 trading performance, with serv…

MTN Rwandacell PLC lists by introduction on the Rwanda Stock Exchange

MTN Rwandacell PLC (MTN Rwanda) has today made history in Rwanda by being the first mobile network operator to list its shares on the Rwanda Stock Exchange (RSE). As part of the May 4th listing by introduction, Crystal Telecom Limited’s shareholders now hold a direct 20% stake in MTN Rwanda and can …

MTN joins JAC and GeSI to accelerate sustainability across its supply chain

MTN Group is pleased to announce that it has joined the Joint Audit Cooperation (JAC) and the Global Enabling Sustainability Initiative (GeSI), two globally recognised industry bodies committed to promoting technologies and practices that foster environmental, social and governance sustainability. T…

MTN Group bids for telecoms licence in Ethiopia

MTN Group confirms that it is participating with equity partners in a bid for a telecoms licence in Ethiopia, Africa’s second most-populous country which represents the last and largest telco liberalisation opportunity in the world. Our participation is aligned with our strategy, Ambition 2025, focu…
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MTN Frequently Asked Questions

  • When was MTN founded?

    MTN was founded in 1994.

  • Who are MTN key executives?

    MTN's key executives are Ralph Mupita, S Perumal and Jens Schulte-Bockum.

  • How many employees does MTN have?

    MTN has 19,288 employees.

  • What is MTN revenue?

    Latest MTN annual revenue is R151.5 b.

  • What is MTN revenue per employee?

    Latest MTN revenue per employee is R7.9 m.

  • Who are MTN competitors?

    Competitors of MTN include Orange Business Services, Liquid Telecom and Cell C.

  • Where is MTN headquarters?

    MTN headquarters is located at 216 14th Ave, Fairland, Randburg.

  • Where are MTN offices?

    MTN has offices in Randburg, Cotonou, Douala, Abidjan and in 12 other locations.

  • How many offices does MTN have?

    MTN has 17 offices.