Financial capital
Debt and equity financing, cash generated from operations and investments
Fintech
Includes MTN Mobile Money, e-commerce, insurance, airtime lending and data monetisation streams
FTTX
Fibre to the x. Any broadband architecture using fibre to provide all or part of the local loop for last mile telecoms
FWA
Fixed wireless access
HEPS
Headline earnings per share
Human capital
The motivation, skills, safety and diversity of our employees, contractors, partners and suppliers
Hyperscaler
An operator of a data centre that offers scalable cloud computing services.
ICASA
Independent Communications Authority of South Africa
ICT
Information and communication technologies
IFRS
International Financial Reporting Standards
Intellectual capital
Our culture; our know-how; proprietary and licensed technology: procedures
and processes
IPO
Initial public offering
ITU
International Telecommunication Union
M&A
Mergers and acquisitions
Manufactured capital
Our networks; 2G, 3G, 4G and 5G base stations and fibre; electronic devices; public infrastructure.
MENA
Middle East and North Africa
MFS
Mobile financial services
MNO
Mobile network operator
MoI
Memorandum of incorporation
MSR
Minimum shareholding requirement
MTR
Mobile termination rate
MVNO
Mobile virtual network operator
SDG
Sustainable Development Goals
SEA
Southern and East Africa region
SIM
Subscriber identity module
SME
Small and medium enterprise
SMP
Significant market power
SMS
Short message service
Social capital
Trusted relationships with customers, communities, governments and regulators, suppliers, trade unions, industry bodies and civil rights groups