MTN Group Limited is a publicly owned South African multinational mobile telecommunications company founded in 1994. Its headquarters are located in South Africa, and it operates mobile network services across numerous countries in Africa and Asia.

2024 Revenue

Founded

1994

Headcount

14,461

Headquarters

South Africa

Primary Segment

Media and TV services

Ownership

Publicly Owned

News Summary:

MTN Group held its first Fintech Summit in Johannesburg on an unspecified date in 2025. The summit, attended by over 350 delegates, aimed to transform Africa's digital financial landscape through a digital-first strategy focused on wealth creation for its 283 million active users. Separately, MTN Group engages in advanced negotiations with American and European companies to build AI-powered data centers across Africa. On September 1, 2025, Bayobab, a strategic MTN Group company, appointed Niraj Shah as General Manager of its Data Centres Programme. Shah will report to Mazen Mroue, CEO of MTN Digital Infrastructure.

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MTN Group offers 3 products in the media and telecoms services, connectivity and cloud and telecoms tech industries. MTN Group's product portfolio comprises of media and TV services, telecoms network infrastructure and enterprise connectivity services.
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MTN Group's revenues were $10.3B in 2024. Caretta Research has split MTN Group's revenue into 3 different product categories, the largest of which is social and online content creator, which represents 50% of MTN Group's revenue.
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Examples of MTN Group's suppliers include Intelsat, Accenture and Gameloft.

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