MTN Group

MTN Group

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

MTN Group is a Publicly Owned company headquartered in South Africa. Founded in 1994, the company employs approximately 14,470 individuals and reported $12.7 billion in revenue as of 2025. It functions as a multinational mobile telecommunications company, operating across numerous African and Asian countries, with its offerings including services related to search, social, and retail media.

2025 Revenue

Founded

1994

Headcount

14,461

Headquarters

South Africa

Primary Segment

Search, social, and retail media

Ownership

Publicly Owned

News Summary:

On April 4, 2026, new industry data indicated a significant expansion in Nigeria's fixed broadband segment, with subscriptions surging 787% from 14,053 in January 2025 to 124,590 by February 2026, a growth largely driven by a single dominant operator. Earlier the same day, MTN Group completed the structural separation of its mobile money business in Ghana, creating a standalone fintech entity in line with regulatory requirements and its digital finance expansion strategy. Additionally on April 4, MTN Group's stock prepared to trade ex-dividend in three days for an upcoming R05.00 dividend payment. Previously, on April 3, MTN South Africa disclosed plans to invest 22 billion rand, or approximately $1.3 billion, in its telecommunications network over the next three years. This investment will focus on infrastructure and IT systems to expand broadband access, including 4G/5G rollout, aiming to enhance coverage and strengthen its market position.

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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, search, social, and retail media 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 3 different product categories, the largest of which is social media advertising, which represents 100% of MTN Group's revenue.

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Apr

19th

2026

05:01

MTN, Airtel Suspend Airtime, Data Lending: Why FCCPC's New Lending Rule Affects You

Nigerian telecoms MTN and Airtel suspend airtime and data borrowing due to new regulatory requirements FCCPC denies banning lending but insists operators must comply with new consumer lending rules Nigerians call for a review of regulations impacting critical airtime and data lending services Find it fast with our new search feature at Legit.ng! Pascal Oparada is a journalist with Legit.ng , covering technology, energy, stocks, investment, and the economy for over a decade.

Apr

18th

2026

09:12

Omoyele Sowore Accuses MTN of ‘Data Theft,’ Sparks Nationwide Outcry Among Subscribers (Video)

bohlah at 18-04-2026 08:06 PM (2 hrs ago) (m) Human rights activist Omoyele Sowore has stirred fresh controversy after alleging that telecom operator MTN Nigeria is exploiting customers through unusually rapid data consumption. In a statement that has since gone viral, Sowore claimed that many Nigerians are being unfairly billed for internet services that do not last as expected, describing the situation as a form of systemic exploitation.

Apr

18th

2026

03:54

Regulatory and Legal

Airtime credit services caught in regulatory shift toward digital lending oversight

Nigeria’s consumer protection watchdog has stepped in to dispel mounting confusion over the status of airtime and data advance services, following recent suspensions by major telecom operators that triggered widespread speculation of a regulatory crackdown. The Federal Competition and Consumer Protection Commission (FCCPC) on Friday firmly rejected claims that it had banned airtime borrowing and data credit services, describing such reports as inaccurate and misleading.

Apr

18th

2026

03:50

FCCPC: Telcos suspended airtime, data borrowing instead of complying with lending rules

The Federal Competition and Consumer Protection Commission (FCCPC) says it has not banned airtime borrowing or data advance services in Nigeria. The statement comes few days after MTN Nigeria said it was suspending its airtime and data credit advance service, popularly known as “Xtratime” in compliance with the Digital, Electronic, Online or Non-Traditional (DEON) consumer lending regulations, 2025.

Apr

18th

2026

03:19

“MTN is looting our data” — Omoyele Sowore alleges exploitation

Human rights activist Omoyele Sowore has ignited fresh controversy after accusing telecommunications giant MTN Nigeria of exploiting subscribers through rapid data depletion. Allegations spark consumer concerns Speaking in a viral statement circulating earlier this week, Sowore claimed many Nigerians are being unfairly charged for data services that do not last as expected.

Apr

18th

2026

00:26

Airtime became Oxygen, by Stephanie Shaakaa

As MTN reportedly recovers nearly N2 trillion in airtime debt, Nigeria reveals how inflation and informality are reshaping even the most basic act of communication. Read Also: Are we all side chics now?, by Stephanie Shaakaa In just a matter of days, MTN reportedly recovered close to N2 trillion in unpaid airtime advances.

Apr

17th

2026

23:45

MTN Pauses Borrowing Service As Digital Lending Oversight Tightens

Nigeria’s largest telecommunications provider, MTN has temporarily stopped its Xtratime service, which allows customers to borrow airtime and data. The move comes after new government rules on digital lending took effect. In an announcement to the Nigerian Exchange, MTN explained that the suspension is part of its effort to comply with updated regulations introduced by the Federal Competition and Consumer Protection Commission (FCCPC).

Apr

17th

2026

14:10

FCCPC Says It Did Not Ban Airtime, Data Borrowing Service after MTN, Airtel's Decision

The FCCPC has rvaed that it has not banned airtime borrowing or data advance services The commison describing reports and social media claims suggesting a shutdown as false and misleading. It explained that the DEON Consumer Lending Regulations introduced in July 2025 aim to improve transparency CHECK OUT: Discover How to Work with Brands, Earn from Affiliate Links, and Tap into Ad Revenue — Because Your Content Deserves to Pay Off.

Apr

17th

2026

11:50

Airtel, MTN Suspend Airtime and Data Borrowing Services Over New Regulations

Two of Nigeria’s leading telecom operators, Airtel Nigeria and MTN Nigeria, have temporarily suspended their airtime and data borrowing services as they move to comply with new regulatory requirements. In a statement released on Friday, Airtel said the suspension affects its airtime and data credit offerings, which allowed prepaid users to borrow and repay on their next recharge.

Chroniclereporters

Apr

17th

2026

11:02

Regulatory and Legal

The hidden cost of FCCPC’s digital lending overhaul

Nigeria’s two biggest mobile networks have quietly pulled the plug on a service millions of ordinary people depend on every day. MTN and Airtel have temporarily stopped their airtime and data borrowing options. The reason is simple but far-reaching: new rules from the Federal Competition and Consumer Protection Commission (FCCPC) designed to clean up digital lending.

Apr

17th

2026

09:10

Airtel Nigeria Suspends Airtime, Data Lending Services

By Modupe Gbadeyanka Barely 24 hours after MTN Nigeria announced the suspension of its data and airtime lending services, another operator, Airtel Nigeria, has followed suit. In a statement on Friday by its Director of Corporate Communications & CSR, Mr Femi Adeniran, Airtel Nigeria said it would not no longer offer the airtime and data credit services for now.

Business Post Nigeria

Apr

17th

2026

07:00

MTN Suspends Airtime, Data Loans Amid FCCPC Lending Rules

MTN Nigeria has suspended its airtime and data advance service known as Xtratime following new regulatory requirements introduced by the Federal Competition and Consumer Protection Commission. The telecom operator disclosed the decision in a filing to the Nigerian Exchange Limited on Thursday, saying the suspension was to enable compliance with the FCCPC’s Digital, Electronic, Online or Non-Traditional Consumer Lending Regulations, 2025.

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

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