MTN Group

MTN Group

https://www.mtn.com/
https://www.linkedin.com/company/mtn/

MTN Group, publicly owned and headquartered in South Africa, was founded in 1994, with approximately 41,860 employees. The company reported $12.7B in revenue as of 2025. Specializing in search, social, and retail media, the company functions as a multinational mobile telecommunications company, operating across numerous African and Asian countries.

2025 Revenue

Founded

1994

Headcount

41,857

Headquarters

South Africa

Primary Segment

Search, social, and retail media

Ownership

Publicly Owned

News Summary:

On September 4, MobileMoney Fintech Limited CEO Shaibu Haruna participated in a panel discussion alongside other MTN Fintech CEOs at the MTN Group Fintech Summit 2026, addressing the current state and future direction of Africa’s fintech markets. Earlier the same day, South Africa's Information Regulator referred MTN and OUTsurance to its Enforcement Committee for consideration of potential breaches of the country’s data protection laws, specifically the Protection of Personal Information Act (POPIA), concerning unsolicited electronic communications. Chairperson Pansy Tlakula announced the referrals as part of efforts to address growing concerns over personal information protection. This followed MTN Group Fintech CEO Serigne Dioum's presentation at the second annual MTN Group Fintech Summit in Johannesburg, where he detailed MTN's strategy to expand its financial technology platform across Africa, primarily driven by its mobile app, through technology and regulatory partnerships and high-impact services. Previously, on September 3, MTN Uganda committed Shs500 million to the fourth phase of its Changemakers initiative, which will fund 25 community projects across health, education, water and sanitation, environmental sustainability, and economic empowerment.

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MTN Group offers 4 products in the telecoms tech, media and telecoms services and connectivity and cloud industries. MTN Group's product portfolio comprises of telecoms network infrastructure, search, social, and retail media, telecoms and enterprise connectivity services.

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MTN Group's revenues were $12.7B in 2025. Caretta Research has split MTN Group's revenue into 4 different product categories, the largest of which is social media advertising, which represents 100% of MTN Group's revenue.

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Sep

10th

2026

08:27

Data depletion: MTN keeps saying the same thing, but its 100 million subscribers want a new explanation

MTN Nigeria has been at the centre of a major conversation which has surrounded telecoms companies in recent…

Sep

10th

2026

07:54

B2B Tag, Regulations and Policies

MTN, Telecel and Goal cleared by NCA to proceed to next stage of 5G spectrum licensing application

The National Communications Authority has approved three applications from MTN, Televel and Goal for the next stage of the 5G spectrum licensing process after completing the qualification stage of the Request for Applications for spectrum licences in the 700 MHz, 2.3 GHz, and 3 GHz bands.

Sep

10th

2026

06:30

Financial Results, B2B Tag, Financial Performance

Sales grow, but customer debts rise faster for Nigeria’s biggest firms

Nigeria’s largest listed companies are recording stronger sales and profits, but most of the money is tied up in credit rather than actual cash, raising questions about working-capital pressure and the ability of businesses to convert reported earnings into cash.

Sep

10th

2026

06:30

Artificial Intelligence, B2B Tag, Cybersecurity Incidents

MTN South Africa deploys AI to detect data tunnelling and analyse customer traffic

MTN South Africa has confirmed it is using artificial intelligence to detect “data tunnelling”, a technique that allows users to disguise paid traffic as traffic to websites the operator has made free to access. The disclosure, first reported by ITWeb and quickly framed as a hunt for “gigabyte thieves”, understates what MTN is actually doing.

Sep

10th

2026

06:16

Emerging Tech, Awards and Recognitions, B2B Tag, Award Wins

MTN Named Digital Company Of The Decade As Sector Expands

MTN Nigeria has been named Digital Company of the Decade at the DTN@100 Times Heroes Awards, as Nigeria’s growing reliance on digital connectivity continues to reshape how individuals and businesses communicate, work, transact and access services.

Sep

10th

2026

06:06

Events, Emerging Tech, B2B Tag, Events and Conferences

MTN is an open university for standard and growth, says SO&U boss

By Annette Ikponmwonba | September 10, 2026 Keypoints • Corporate leaders and industry experts gathered at the Nigeria-South Africa Chamber of Commerce August Breakfast Forum in Lagos. • SO&U Group Managing Director Udeme Ufot described major corporate clients such as MTN Nigeria as an “open university for standard and growth.” • Ufot said MTN has helped businesses raise their operations to world-class standards that can enable them to compete globally.

Bizwatch Nigeria

Sep

9th

2026

16:55

MTN becomes first Nigerian telco to reach 100 million subscribers

Leading telecoms company MTN Nigeria has now reached 100 million subscribers, becoming the first Nigerian telecom operator to…

Sep

9th

2026

06:30

New Offerings, Artificial Intelligence, B2B Tag, New Offerings

MTN Nigeria adds voice to its digital assistant

MTN Nigeria has added voice capability to Zigi, its AI-powered digital assistant, allowing customers to speak to the service through the myMTN NG app. The feature gives users an alternative to text-based interactions for handling routine customer service needs around the clock.

Africa Business Communities

Sep

9th

2026

06:30

Events, ESG, B2B Tag, Events and Conferences

MTN South Africa opens 2026 PachiPanda Challenge as youth climate innovation gains ground in Africa

34 MTN South Africa has opened applications for the 2026 PachiPanda Challenge, calling on entrepreneurs aged 18 to 35 to develop nature-based and technology-driven businesses addressing environmental and socio-economic challenges, as South Africa seeks to expand youth participation in its green economy.

Africasustainabilitymatters

Sep

9th

2026

00:10

Financial Results, B2B Tag, Financial Performance, Dividend Updates, Facility Expansion

MTN Nigeria pays record interim dividend

MTN Nigeria has paid ₦545.89 billion in interim dividends to more than 203,000 shareholders, following a sharp recovery in profitability and cash generation. The company paid ₦26 per share on 7 September to investors who held the stock as at 20 August.

Sep

8th

2026

10:03

Financial Results, B2B Tag, Target Customer Expansion, Financial Performance

Despite Data Depletion Complaints, MTN Nigeria’s Active Data Users Rise to 55.7 Million

MTN Nigeria Communications Plc added 7.5 million subscribers in the first half of 2026, lifting its total customer base to 92.2 million as of June 30, according to the company’s H1 financial results.The 92.2 million subscriber base represents an 8.9% year-on-year increase.

Sep

8th

2026

06:30

Why sustainability is moving into the boardroom as African companies face rising business risk

24 Sustainability is increasingly moving from the specialist functions of African companies into core business decisions, as rising climate risks, tighter disclosure expectations, changing investor demands and pressure on operating costs force executives and boards to treat environmental, social and governance issues as matters of financial and operational performance.

Africasustainabilitymatters

Examples of MTN Group's suppliers include CSG, Accenture and Ericsson.

Example Suppliers

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Example Partners

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