MTN Group

MTN Group

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

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

41,916

Headquarters

South Africa

Primary Segment

Search, social, and retail media

Ownership

Publicly Owned

News Summary:

On August 28, 2026, MTN Nigeria Plc disclosed that it has achieved over 62% local procurements, spent N2.7 trillion on Nigerian suppliers in 2025, and now boasts a 99.9% Nigerian workforce, reducing its expatriate staff to four from over 300 in 2021. The company also indicated it may seek 30% investment from Nigerian investors to acquire a $1.1 billion stake in IHS. Previously on August 27, MTN Digital Infrastructure partnered with a UAE platform to expand AI-ready data centers across Africa, addressing the accelerating demand for cloud computing and AI workloads. Earlier on the same day, MTN, alongside other major telecommunications operators, faced criticism for not attending a national civil society dialogue in Nigeria convened to address growing consumer complaints regarding the quality, cost, and transparency of telecommunications and data services. Also on August 27, MTN Nigeria’s MoMo Payment Service Bank (MoMo PSB) named Bode Abifarin, who brings over 23 years of experience in financial services and fintech, as its new Managing Director and Chief Executive Officer, effective September 1. This followed the MTN Group's initiation of discussions on August 27 with domestic investors to sell a 30% stake in IHS Nigeria, aiming to raise up to $1.1 billion.

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MTN Group offers 4 products in the media and telecoms services, connectivity and cloud and telecoms tech 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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Aug

31st

2026

14:28

MTN data on new trial: Backlash after lawyer demands answers over 708GB depletion

MTN Nigeria has found itself in another “major” data depletion claim, further raising questions about consumer rights, ethical…

Aug

31st

2026

11:21

B2B Tag, Employee Related Initiatives

MTN graduates 503 youths as digital skills gap comes into focus

Kampala, Uganda | PATRICIA AKANKWATSA | Uganda may have built digital infrastructure across much of the country, but a wide gap between connectivity and the ability to use the internet productively is increasingly shifting attention from access to skills.

The Independent Uganda

Aug

31st

2026

07:28

Partnerships and Alliances, B2B Tag, Partnerships, Facility Expansion

MTN Uganda expands cashless payments as EBus Xpress adds three Kira routes

Kampala, Uganda | THE INDEPENDENT | MTN Uganda is expanding cashless payment and internet connectivity services on EBus Xpress as the electric-bus operator adds three new routes serving commuters in Kira Municipality. The new routes, which started operating on August 28, connect Ntinda to Nakwero through Najjera, Kira, Kitukutwe and Kiwologoma; Ntinda to Sonde through Naalya, Kyaliwajjala and Namugongo; and Ntinda to Kungu through Kisasi and Kyanja.

The Independent Uganda

Aug

31st

2026

06:48

Invest in African youth or risk conflict – Jonas, MTN group chairman

JOHANNESBURG (Sundiata Post) – The Chairman of MTN Group, Mr Mcebisi Jonas, has warned that Africa’s large youth population could become a source of conflict without adequate investment. Jonas gave the warning on Monday in Johannesburg while addressing Nigerian fellows of the MTN Media Innovation Programme (MIP 5).

Aug

31st

2026

06:30

Operational Challenges, Procurement and Sales, B2B Tag, Operational Challenges, Supply Chain and Procurement, Regulations and Policies

MTN Nigeria Becomes First Telecom Company to Earn ISO 28000:2022 Certification

MTN Nigeria has achieved the ISO 28000:2022 certification for its Supply Chain Security Management System (SCSMS), becoming the first telecommunications company in Nigeria to attain the international certification. The ISO 28000:2022 standard provides a framework for organisations to identify, assess and mitigate security risks across their supply chain ecosystems.

TechAfrica News

Aug

31st

2026

01:56

Partnerships and Alliances, B2B Tag, Partnerships

ready digital infrastructure ecosystem through strategic partnership

Artificial intelligence is reshaping industries, economies and societies at an unprecedented speed. As demand for cloud computing, AI workloads and data-intensive digital services accelerates, access to resilient, scalable and locally hosted digital infrastructure will become increasingly critical to Africa’s competitiveness and economic growth.

Aug

30th

2026

23:50

Financial Results, B2B Tag, Financial Performance

MTN Nigeria Grosses N2.99trn Revenue, Hits N1.09trn PBT In H1 2026

MTN Nigeria Communications Plc recorded a revenue of N2.99 trillion for the first half of 2026, a 25.9 per cent increase from the same period last year, according to its unaudited financial statements filed with the Nigerian Exchange.

Aug

30th

2026

18:23

Operational Challenges, B2B Tag, Operational Challenges

Nigerian Telcos Battle Rising Operating Costs, Fibre Damage

Nigeria’s telecom operators face mounting costs from unreliable power, fibre damage, vandalism and security challenges, threatening network reliability and profitability despite growing demand for connectivity, write JUSTICE OKAMGBA Nigeria’s telecommunications industry has become one of the most important parts of the country’s economy, connecting millions of people to banking, commerce, education, healthcare and other essential services.

Punch Newspapers

Aug

30th

2026

14:28

Meet 10 female executives shaping Nigeria’s telecoms industry in 2026

Nigeria’s telecommunications industry has become a major driver of the country’s digital economy, with mobile connectivity, data consumption and digital services increasingly shaping business and consumer activity. Active mobile subscriptions reached 185.5 million as of March 2026, while teledensity stood at 85.67%, according to industry data reported by Nairametrics.

Aug

30th

2026

06:30

B2B Tag, Regulatory Compliance

MTN’s pricey Syria exit clears path for further African expansion

MTN Group has confirmed that the R716-million settlement it received from Syria to exit its 25% shareholding does not represent a full recovery of the billions it poured into the country over two decades. The telecommunications giant announced this week that it had reached an agreement with the Syrian government, represented by the Telecommunication and Post Regulatory Authority, to settle outstanding matters tied to its investment.

Aug

30th

2026

06:30

Management Changes, B2B Tag, Management Changes

Meet 10 female executives shaping Nigeria’s telecoms industry in 2026

Nigeria’s telecommunications industry has become a major driver of the country’s digital economy, with mobile connectivity, data consumption and digital services increasingly shaping business and consumer activity. Active mobile subscriptions reached 185.5 million as of March 2026, while teledensity stood at 85.67%, according to industry data reported by Nairametrics.

Aug

30th

2026

04:29

Data becomes N3.67tn economy in Nigeria as consumption jumps 43% in H1 2026

Nigerians consumed an estimated N3.67 trillion worth of internet data in the first half of 2026, representing a 43 percent increase from an estimated N2.57 trillion in the corresponding period of 2025, as rising smartphone adoption, broadband penetration and demand for digital services continue to transform the country’s telecommunications market.

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

Example Suppliers

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Example Partners

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