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 and employs approximately 14,470 individuals. The company reported $10.3B in revenue as of 2024. Functioning as a multinational mobile telecommunications company, MTN Group specializes in media and TV services, operating across numerous African and Asian countries.

2024 Revenue

Founded

1994

Headcount

14,461

Headquarters

South Africa

Primary Segment

Media and TV services

Ownership

Publicly Owned

News Summary:

The Association of Licensed Telecommunications Operators of Nigeria (ALTON) recently described MTN's acquisition of IHS Towers as a significant industry development, reflecting renewed investor confidence and regulatory stability in Nigeria's telecom sector. This follows MTN Group's announcement earlier in the week regarding its agreement to acquire the remaining shares in IHS Towers, increasing its ownership from 24.7% to 100%. The proposed US$2.26 billion transaction, which excludes IHS’s Latin American operations and is partly funded through US$1.1 billion of IHS’s own cash, marks a transformative step in strengthening MTN's strategic and financial position. Also on February 20, MTN Nigeria partnered with the Federal Airports Authority of Nigeria (FAAN) to provide free high-speed Wi-Fi at major international airports across the country. Earlier, on February 19, MTN Cameroon received certification as a Top Employer 2026 from the Top Employers Institute, with the award formally presented during the Africa Awards & Gala Evening in Johannesburg.

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MTN Group offers 3 products in the telecoms tech, media and telecoms services and connectivity and cloud industries. MTN Group's product portfolio comprises of enterprise connectivity services, telecoms network infrastructure and media and TV 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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Mar

5th

2026

11:12

Partnerships and Alliances, Artificial Intelligence, ESG, B2B Tag

MTN Group and Huawei Sign 2026 Strategic Memorandum of Understanding

[Barcelona, Spain, March 5, 2026] During MWC Barcelona 2026, Huawei and MTN Group signed a 2026 Strategic Memorandum of Understanding (MoU). The two parties will deepen cooperation around AI-driven intelligent network evolution, digital inclusion, home broadband development, data monetization, digital infrastructure, and ESG initiatives.

Mar

5th

2026

03:23

Management Changes, B2B Tag

MTN Nigeria non-executive director Mazen Mroue steps down

A non-executive director of MTN Nigeria Mazen Mroue has stepped down from his position. The development was disclosed in a filing submitted to Nigerian Exchange Limited and signed by the company secretary Uto Ukpanah. According to the notice, Mr. Mroue’s exit took effect on February 27.

Mar

4th

2026

22:31

Telecom news: MTN, Digitel, Zain, Ericsson, MWC 2026, Chunghwa Telecom, Nokia

Today’s telecom news includes announcements on MTN South Sudan, Digitel, Zain, Ericsson, MWC 2026, Chunghwa Telecom, Nokia, among others. South Sudan Takes Bold Steps to Revive Telecom Sector South Sudan’s Minister of Information, Communication Technology & Postal Services, Hon.

Mar

4th

2026

21:43

MTN and UNHCR to connect displaced people in African countries

What will everyone be talking about at MWC2026? Trends & Forecasts What will everyone be talking about at MWC2026? Why operators are buying back the assets they sold Operators Why operators are buying back the

Developing Telecoms

Mar

4th

2026

21:30

Syria invites bids for MTN’s operating licence

Syrian authorities have invited bids for MTN’s licence as the JSE-listed group formally begins its exit from the country after halting operations there in 2021. On Wednesday, the group said its CEO, Ralph Mupita, met with Abdulsalam Haykal, Syria’s minister of communications & information technology, to formalise an agreement “to regularise MTN’s exit from Syria, with the intention that both sides implement the agreement imminently”.

Mar

4th

2026

18:30

Awards and Recognitions, B2B Tag

MTN Nigeria Wins Multiple Ookla Awards for Network Performance at MWC26

MTN Nigeria has been recognized for outstanding network performance at the Mobile World Congress 2026 (MWC26), receiving multiple honors from Ookla, the global leader in internet testing and analysis. The accolades include the Speedtest Awards for Fastest 5G in Western Africa, as well as Best Mobile Network and Best Mobile Video Experience in Nigeria.

TechAfrica News

Mar

4th

2026

16:04

Capital Investment, Procurement and Sales, B2B Tag

Syria opens global tender for new mobile license following MTN settlement in Barcelona

Damascus, March 4 (SANA)The Ministry of Communications and Technology announced on Wednesday that a final amicable settlement has been reached with the global MTN Group. This agreement organizes the group’s exit from the Syrian market and clears the path for new strategic investments in the mobile telecommunications sector.

Mar

4th

2026

10:59

Events, Capital Investment, Artificial Intelligence, B2B Tag

Powered Future at MWC Barcelona, Eyes Shift From Telecom to Tech Platform

MTN Group is embracing artificial intelligence, expanding digital infrastructure and scaling connectivity as central pillars of its growth strategy, with the African telecommunications giant positioning itself as a technology platform rather than a conventional telecom provider.

Mar

4th

2026

10:42

MTN, Airtel generate over N3.6trn from data as Nigerians’ internet usage hits new highs

MTN Nigeria and Airtel Nigeria reported combined data revenues exceeding N3.6 trillion in 2025, reflecting surging demand for internet services across the country. The figures, drawn from the operators’ latest financial reports, underscore the growing dominance of data over voice as the main source of revenue for Nigeria’s mobile network operators.

National Daily Newspaper Nigeria

Mar

4th

2026

01:32

Artificial Intelligence, B2B Tag

Mupita drives MTN’s pivot from telco to techCo

Africa’s largest mobile operator, MTN Group, is positioning artificial intelligence, digital infrastructure and deeper connectivity expansion at the heart of its next phase of growth. This strategic shift came into sharp focus as Group President and CEO Ralph Mupita took centre stage at MWC Barcelona 2026 this week, outlining how the telco plans to evolve from a traditional telecoms provider into a technology-driven platform business for Africa’s digital future.

Extensia (tech)

Mar

3rd

2026

18:30

Regulatory and Legal, B2B Tag

Analysis: Sanctions, strikes and rising risk on MTN’s balance sheet

POLITICAL BLOWBACK MTN’s Iran headache just got worse as sanctions, strikes tighten noose The escalating situation in Iran is a massive drag on any South African business immersed in the global supply chain. But for a multinational network operator like MTN, it is all their worst nightmares coming true at once.

Mar

3rd

2026

18:30

MTN MoMo Expands Interoperability Across Africa, Connecting Wallets, Banks, and Merchants

MTN’s MoMo platform is rapidly expanding interoperability across Africa, transforming from a closed mobile wallet into an open financial ecosystem. At a recent panel during #MWC in Barcelona, Serigne Dioum, Group Fintech CEO, highlighted that scaling interoperability sustainably requires more than just technical integration—it involves balancing consistent customer value, protection, and commercially viable incentives for ecosystem partners.

TechAfrica News

Examples of MTN Group's suppliers include Intelsat, Accenture and Gameloft.

Example Suppliers

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Example Partners

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Analyst insight reports

Understanding personalisation and recommendation

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