Last $20.51 USD
Change Today +0.02 / 0.10%
Volume 61.1K
MTNOY On Other Exchanges
As of 8:10 PM 04/16/14 All times are local (Market data is delayed by at least 15 minutes).

mtn group ltd-spons adr (MTNOY) Snapshot

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52 Week High
10/22/13 - $21.18
52 Week Low
06/11/13 - $16.28
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mtn group ltd-spons adr (MTNOY) 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.

25,273 Employees
Last Reported Date: 03/7/14
Founded in 1994

mtn group ltd-spons adr (MTNOY) Top Compensated Officers

Chief Executive Officer, President, Executive...
Total Annual Compensation: R21.9M
Compensation as of Fiscal Year 2012.

mtn group ltd-spons adr (MTNOY) Key Developments

Promoters And Investors Seek To Sell Aircel

According to sources, multiple investors have envisaged interest in buying stake in Aircel Limited. The prospective investors include Idea Cellular Ltd. (BSE:532822), Telenor ASA (OB:TEL), AT&T, Inc. (NYSE:T) and MTN Group Limited (JSE:MTN). The promoters and investors of Aircel, including Maxis Communications Berhad, are looking to exit Aircel and have invited request for quotations for stake sale, sources told CNBC-TV18. Idea Cellular and Telenor have already initiated the due diligence process, sources said. Aircel promoters have set a June 2014 deadline for quotation. Though valuation figures are still being worked on, sources said it could be a significantly large deal in the range of over INR 200 billion. Idea and AT&T refused a comment. Others players were unavailable.

MTN, Bharti And Orange Reportedly To Sell Assets

MTN Group Limited (JSE:MTN), Bharti Airtel Limited (BSE:532454) and Orange (ENXTPA:ORA) are considering to sell mobile tower networks in Africa, according to people familiar with the matter. MTN is selling about 15,000 of its towers across 17 countries for $2 billion to $2.5 billion, said the people, who asked not to be named because the negotiations are private. Orange is considering disposing of towers in sub-Saharan Africa and Egypt.

Investors Reportedly Eye Orange Uganda

LAP Green Network is reportedly interested in entering a bid for Orange Uganda Limited. Orange (ENXTPA:ORA) has appointed asset management firm Lazard to find an acquirer for its division in Uganda, and is likely to exit the crowded sector as part of a strategy to leave markets in Africa. MTN Group Limited (JSE:MTN) and Vodacom Group Limited (JSE:VOD) are also reportedly interested in buying Orange Uganda.


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