Last $22.86 USD
Change Today -0.3605 / -1.55%
Volume 1.9K
As of 8:10 PM 08/29/14 All times are local (Market data is delayed by at least 15 minutes).

mtn group ltd (MTNOF) Snapshot

Open
$22.86
Previous Close
$23.22
Day High
$22.86
Day Low
$22.86
52 Week High
08/21/14 - $23.25
52 Week Low
02/5/14 - $17.29
Market Cap
42.3B
Average Volume 10 Days
2.3K
EPS TTM
--
Shares Outstanding
1.8B
EX-Date
08/25/14
P/E TM
--
Dividend
$1,097
Dividend Yield
4.51%
Current Stock Chart for MTN GROUP LTD (MTNOF)

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mtn group ltd (MTNOF) Details

MTN Group Limited provides voice and data communications products and services to individuals and businesses. The company offers voice services, including prepaid and postpaid airtime through 2G, 3G, and LTE networks, interconnection services to other telecoms networks, and international roaming and teleconferencing facilities, as well as various community payphone models; Me2U, a service that enables customers to share airtime with one another; topup services; and MTN Zone, a discounted call rate service. It also offers data services, such as mobile and fixed data, mobile messaging, Web access, mobile finance, and mobile entertainment services. In addition, the company offers ICT services, including corporate data solutions, satellite connectivity, infrastructure, networking, video conferencing and ePresence, system security, converged services, and cloud computing services, as well as leases its fiber network to large corporate customers. As of December 31, 2013, it served 203,8 million subscribers in 22 countries across Africa and the Middle East. MTN Group Limited was founded in 1994 and is headquartered in Johannesburg, South Africa.

mtn group ltd (MTNOF) Top Compensated Officers

Chief Executive Officer, President and Execut...
Total Annual Compensation: R25.1M
Founder and Chief Executive Officer of South ...
Total Annual Compensation: R13.8M
Chief Financial Officer, Executive Financial ...
Total Annual Compensation: R12.8M
Group Chief Operating Officer
Total Annual Compensation: R2.1M
Chief Executive Officer of MTN Nigeria
Total Annual Compensation: R5.0M
Compensation as of Fiscal Year 2013.

mtn group ltd (MTNOF) Key Developments

The Western Union Company Launches New Mobile Money Transfer Service in the Ivory Coast in Conjunction with the MTN Group

The Western Union Company has announced the launch of a new mobile money transfer service in the Ivory Coast in conjunction with the MTN Group. The new service, which builds upon the existing mobile money collaboration between the companies in Uganda, llows consumers in Ivory Coast who use MTN's Mobile Money service to receive a Western Union money transfer transaction directly on their mobile phones. The new offering increases the breadth of Western Union's payout options in Ivory Coast. In addition to the new mobile service with MTN, consumers can receive funds at nearly 900 Western Union Agent locations throughout the country.

MTN, Bharti, Orange, Vodacom And Mobinil May Sell Mobile Tower Networks In Africa

MTN Group Limited (JSE:MTN), Bharti Airtel Limited (BSE:532454), Orange (ENXTPA:ORA), Vodacom Group Limited (JSE:VOD) and Mobinil Telecommunications S.A.E. are working on selling mobile tower networks in Africa. MTN Group is on the verge of selling towers valued at $1 billion in Nigeria, and Bharti Airtel Africa is selling about 15,000 of its towers across 17 countries for $2 billion- $2.5 billion. Orange is looking at disposing of towers in sub-Saharan Africa and Egypt. According to TMT Finance, a shortlist of three bidders has reportedly been drawn up for MobiNil’s 2,500-3,000 Egyptian towers.

MTN Group Nears Deal to Sell Nigeria Tower Network to IHS

MTN Group Ltd. (MTN) is nearing a deal to sell its Nigerian mobile tower network, valued at more than $1 billion, to IHS Holding Ltd., according to three people with knowledge of the matter. An agreement to sell the business, which comprises about 11,000 towers, was expected to be signed within the next few weeks, the people said, asking not to be identified because the information is private. An MTN Nigeria Communications Limited' s spokeswoman couldn’t be immediately reached for comment.

 

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