Last $21.97 USD
Change Today -0.32 / -1.44%
Volume 57.8K
MTNOY On Other Exchanges
As of 8:10 PM 10/22/14 All times are local (Market data is delayed by at least 15 minutes).

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09/5/14 - $24.52
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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.

25,424 Employees
Last Reported Date: 03/18/14
Founded in 1994

mtn group ltd-spons adr (MTNOY) 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-spons adr (MTNOY) Key Developments

MTN Group Appoints Mteto Nyati as Group Chief Enterprise Officer, Effective October 01, 2014

MTN Group has appointed Mteto Nyati as Group Chief Enterprise Officer, effective October 01, 2014. Nyati joins MTN from Microsoft, where he was General Manager for Middle East and Africa (MEA) Emerging Regions.Prior to that, he was the Managing Director of Microsoft South Africa for six years.

MTN and IHS Holding Limited Agree Landmark Mobile Tower Outsourcing Agreement in Nigeria

MTN has reached an agreement in principle with IHS Holding Limited for the transfer of its towers business, comprising of up to 9,151 of MTN's mobile network towers in Nigeria. The transaction is expected to reduce MTN Nigeria's operating costs, drive network efficiencies and further expand MTN's voice and data capacity. Under the terms of the transaction and subject to requisite regulatory approvals, the 9,151 towers will be transferred to a new company which will be owned jointly by MTN and IHS. IHS will have full operational control of the underlying business. The new towers company will market independent infrastructure sharing services to other mobile operators and Internet Service Providers (ISPs) in Nigeria. The transaction is expected to close in fourth quarter 2014.

MTN Group Limited Presents at FT Africa Summit 2014, Oct-06-2014 12:00 PM

MTN Group Limited Presents at FT Africa Summit 2014, Oct-06-2014 12:00 PM. Venue: Claridge's Hotel, Brook Street, Mayfair, London W1K 4HR, United Kingdom. Speakers: R. Sifiso N. Dabengwa, Chief Executive Officer, President and Executive Director.


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