MTN Group, a Publicly Owned company headquartered in South Africa, was founded in 1994, employs approximately 14,470 individuals, and reported $12.7B in revenue as of 2025. The company operates as a South African multinational mobile telecommunications company, focusing on search, social, and retail media, with operations across many African and Asian countries.

2025 Revenue

Founded

1994

Headcount

14,461

Headquarters

South Africa

Primary Segment

Search, social, and retail media

Ownership

Publicly Owned

News Summary:

On July 10, 2026, Ghana opened its 5G market to MTN Group and Telecel, abandoning its earlier plan for a single company to build the country’s next-generation mobile network. This development followed reports from July 9 that MTN, alongside Telecel Group, was preparing to bid for 5G licenses in Ghana, anticipating the government's decision to end the exclusive rights previously held by a state-backed wholesale provider. Separately, on July 9, MTN Group also reiterated its commitment to expanding mobile and data infrastructure across its core African markets, aiming to capture rising telecom demand while navigating ongoing regulatory and competitive pressures.

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MTN Group offers 3 products in the connectivity and cloud, media and telecoms services and telecoms tech industries. MTN Group's product portfolio comprises of telecoms network infrastructure, enterprise connectivity services and search, social, and retail media.
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MTN Group's revenues were $12.7B in 2025. Caretta Research has split MTN Group's revenue into 3 different product categories, the largest of which is social media advertising, which represents 100% of MTN Group's revenue.
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Examples of MTN Group's suppliers include CSG, Accenture and Ericsson.

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