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1994 sa logologo

After securing one of South Africa’s two ‘national cellular radio telephony service’ licences in September 1993, MTN began building a network in January, eight months after the state-owned competitor. Within six months the two were on par. Launched commercial operations on 1 June.

1995

M-Cell Ltd, which owned 25% of MTN, listed on the JSE.

1996 logo

Launched prepaid solution ‘Pay As You Go’ in October, dramatically opening up the market. With no contracts and no credit checks, even those without bank accounts could now have cellphones.

Offered SMS (a text message of 160 characters) for the first time.

1997

Began our international expansion.

Introduced SIM-only packages.

1998 africa

Created MTN International in February.

Acquired licences in Uganda, Rwanda and Swaziland, HM King Mswati III making the first cellular call in the kingdom, on his birthday.

Became the first cellular network in Africa to get ISO 14001 rating for environmental management and ISO 9002 for customer service.

1999

Reached 2m subscriber mark in South Africa.

Network quality tests confirmed that MTN was best in SA.

2000 sa logo

Launched the ‘Call Me’ concept and ‘MyChoice TopUp’.

Acquired Camtel Mobile in Cameroon, rebranding it MTN Cameroon.

Became first in Africa to launch High Speed Circuit Switched Data technology (allowing data transfer at up to six times the normal rate).

M-Cell Ltd acquired 100% of MTN.

2001

Won a licence in January in Nigeria, which at the time had just 700 000 fixed and 22 500 cellular lines for its 120m people. Launched commercial services in August.

Launched MTN SA Foundation to manage social investment projects. Foundation inaugurated by former President Nelson Mandela.

2002

Changed name to MTN Group Ltd from M‑Cell Ltd.

Became the first operator in Africa to offer General Packet Radio Services (GPRS).

MTN Nigeria subscribers hit 500 000 in the year after launch.

2003 2003

Group subscribers topped 7m – a 42% year‑on‑year increase.

Reached 1m active subscribers in Nigeria.

Launched MTN special greeting Y'ello.

2004

Revenue of R29bn – a 21% increase.

MTN International contribution to turnover topped 35% (from 18.9% in 2002).

2005

Bought 49% of Irancell.

Bought 44% of Mascom in Botswana.

Acquired licence in Côte d’Ivoire.

Bought 100% of Libertis in Congo-Brazzaville.

Completed purchase of Telecel in Zambia.

Became one of first operators in Africa to offer 3G.

2006 2006

Shareholders approved purchase of Dubai‑based Investcom in US$5.5bn deal, expanding MTN’s presence across Africa and the Middle East to 21 countries from 11.

Pledged US$65m for 2010 FIFA World Cup, making MTN the only African global sponsor. Launched employee volunteer programme 21 days of Y’ello Care.

2007 2007

Revenue up 42% to R73bn.

Subscriber numbers topped 54m.

2008

Subscriber base reached 91m, up 48% from the previous year.

Revenue rose 40% to R102bn.

2009 2009

Subscribers topped 116m, grew market share in all but one of 21 operations.

Launched MTN Mobile Money in Ghana and Côte d’Ivoire.

2010

2010 FIFA World Cup in South Africa.

At R8.1bn, MTN Zakhele transaction was the biggest broad-based black economic empowerment (B-BBEE) deal in SA telecoms.

2011

Reached 164m subscribers.

Established Group Social and Ethics Committee.

2012

Civil unrest in several markets and difficulties in repatriating cash.

The launch of the US$650m West Africa Cable System, increasing broadband capacity. MTN was its biggest investor.

Unveiled a new vision:
To lead the delivery of a bold new Digital World.

2013

MTN Nigeria disconnected 3.2m as part of subscriber registration process.

R30bn capital expenditure (capex) included 4 400 3G sites and 5 161 2G sites.

2014
2014

Voted the most valuable and most admired brand in Africa, for the first time.

Mobile Money (MoMo) subscribers up 50%.

2015

The Nigerian Communications Commission (NCC) imposed US$5.2bn fine on MTN Nigeria for not meeting the deadline to disconnect unregistered SIMs; 6.7m disconnections in Nigeria.

MTN Nigeria acquired 4G spectrum.

2016

Negotiated down to US$1bn the MTN Nigeria fine for not disconnecting SIMs by deadline.

In Nigeria, MTN was classified as a “dominant operator”.

2017

Launched BRIGHT strategy.

  • Best customer experience
  • Returns and efficiency focus
  • Ignite commercial performance
  • Growth through data and digital
  • Hearts and minds
  • Technology excellence

Articulated our belief that everyone deserves the benefits of a modern connected life.

2018 2018

Listed MTN Ghana.

Greater focus on fintech and digital opportunities.

Launched CHASE framework to boost lower‑income rural access to the internet.

2019 2019

Listed MTN Nigeria.

Recorded US$96bn in mobile financial transactions – 9 200 per minute.

Launched 2019 in 12 markets.

2020 2020

COVID-19 – MTN reported 10 staff deaths and launched the global staff emergency fund. 10% of staff were in the office.

Launched #WearItForMe campaign and Y’ello Hope with a R1.2bn value.

2021 2021

Listed MTN Rwanda and MTN Uganda.

Launched the Ambition 2025 strategy.

Donated US$25m to AU’s COVID-19 vaccination programme for health workers.

Launched #OneMorePush campaign.

Exited Yemen and Syria.

2022 2022

We refreshed our brand.

Total subscribers topped 289m, with 137m active data users as usage rose by a third.

Economic value add up at R149bn from R119bn.

2023 2023
2023

Named #1 African brand doing good for people and the planet, with leading sustainability perceptions value.

EXPAND ALL
1994
1994 sa logologo

After securing one of South Africa’s two ‘national cellular radio telephony service’ licences in September 1993, MTN began building a network in January, eight months after the state-owned competitor. Within six months the two were on par. Launched commercial operations on 1 June.

1995
1995

Coverage race with competitor intensified, with MTN committing R1.2bn in capital expenditure.

1996
1996 logo

Launched prepaid solution ‘Pay As You Go’ in October, dramatically opening up the market. With no contracts and no credit checks, even those without bank accounts could now have cellphones.

Offered SMS (a text message of 160 characters) for the first time.

1997
1997

Began our international expansion.

Introduced SIM-only packages.

1998
1998 africa

Created MTN International in February.

Acquired licences in Uganda, Rwanda and Swaziland, HM King Mswati III making the first cellular call in the kingdom, on his birthday.

Became the first cellular network in Africa to get ISO 14001 rating for environmental management and ISO 9002 for customer service.

1999
1999

Reached 2m subscriber mark in South Africa.

Network quality tests confirmed that MTN was best in SA.

2000
2000 sa logo

Launched the ‘Call Me’ concept and ‘MyChoice TopUp’.

Acquired Camtel Mobile in Cameroon, rebranding it MTN Cameroon.

Became first in Africa to launch High Speed Circuit Switched Data technology (allowing data transfer at up to six times the normal rate).

2001
2001

Won a licence in January in Nigeria, which at the time had just 700 000 fixed and 22 500 cellular lines for its 120m people. Launched commercial services in August.

Launched MTN SA Foundation to manage social investment projects. Foundation inaugurated by former President Nelson Mandela.

2002
2002

Changed name to MTN Group Ltd from M‑Cell Ltd.

Became the first operator in Africa to offer General Packet Radio Services (GPRS).

MTN Nigeria subscribers hit 500 000 in the year after launch.

2003
2003 2003

Group subscribers topped 7m – a 42% year‑on‑year increase.

Reached 1m active subscribers in Nigeria.

Launched MTN special greeting Y'ello.

2004
2004

Revenue of R29bn – a 21% increase.

MTN International contribution to turnover topped 35% (from 18.9% in 2002).

2005
2005

Bought 49% of Irancell.

Bought 44% of Mascom in Botswana.

Acquired licence in Côte d’Ivoire.

Bought 100% of Libertis in Congo-Brazzaville.

Completed purchase of Telecel in Zambia.

Became one of first operators in Africa to offer 3G.

2006
2006 2006

Shareholders approved purchase of Dubai‑based Investcom in US$5.5bn deal, expanding MTN’s presence across Africa and the Middle East to 21 countries from 11.

Pledged US$65m for 2010 FIFA World Cup, making MTN the only African global sponsor. Launched employee volunteer programme 21 days of Y’ello Care.

2007
2007 2007

Revenue up 42% to R73bn.

Subscriber numbers topped 54m.

2008
2008

Subscriber base reached 91m, up 48% from the previous year.

Revenue rose 40% to R102bn.

2009
2009 2009

Subscribers topped 116m, grew market share in all but one of 21 operations.

Launched MTN Mobile Money in Ghana and Côte d’Ivoire.

2010
2010

2010 FIFA World Cup in South Africa.

At R8.1bn, MTN Zakhele transaction was the biggest broad-based black economic empowerment (B-BBEE) deal in SA telecoms.

2011
2011

Reached 164m subscribers.

Established Group Social and Ethics Committee.

2012
2012

Civil unrest in several markets and difficulties in repatriating cash.

The launch of the US$650m West Africa Cable System, increasing broadband capacity. MTN was its biggest investor.

Unveiled a new vision:
To lead the delivery of a bold new Digital World.

2013
2013

MTN Nigeria disconnected 3.2m as part of subscriber registration process.

R30bn capital expenditure (capex) included 4 400 3G sites and 5 161 2G sites.

2014
2014
2014

Voted the most valuable and most admired brand in Africa, for the first time.

Mobile Money (MoMo) subscribers up 50%.

2015
2015

The Nigerian Communications Commission (NCC) imposed US$5.2bn fine on MTN Nigeria for not meeting the deadline to disconnect unregistered SIMs; 6.7m disconnections in Nigeria.

MTN Nigeria acquired 4G spectrum.

2016
2016

Negotiated down to US$1bn the MTN Nigeria fine for not disconnecting SIMs by deadline.

In Nigeria, MTN was classified as a “dominant operator”.

2017
2017

Launched BRIGHT strategy.

  • Best customer experience
  • Returns and efficiency focus
  • Ignite commercial performance
  • Growth through data and digital
  • Hearts and minds
  • Technology excellence

Articulated our belief that everyone deserves the benefits of a modern connected life.

2018
2018 2018

Listed MTN Ghana.

Greater focus on fintech and digital opportunities.

Launched CHASE framework to boost lower‑income rural access to the internet.

2019
2019 2019

Listed MTN Nigeria.

Recorded US$96bn in mobile financial transactions – 9 200 per minute.

Launched 2019 in 12 markets.

2020
2020 2020

COVID-19 – MTN reported 10 staff deaths and launched the global staff emergency fund. 10% of staff were in the office.

Launched #WearItForMe campaign and Y’ello Hope with a R1.2bn value.

2021
2021 2021

Listed MTN Rwanda and MTN Uganda.

Launched the Ambition 2025 strategy.

Donated US$25m to AU’s COVID-19 vaccination programme for health workers.

Launched #OneMorePush campaign.

Exited Yemen and Syria.

2022
2022 2022

We refreshed our brand.

Total subscribers topped 289m, with 137m active data users as usage rose by a third.

Economic value add up at R149bn from R119bn.

2023
2023 2023
2023

Named #1 African brand doing good for people and the planet, with leading sustainability perceptions value.

Where we are going

Our purpose is to enable the benefits of a modern connected life for everyone

MTN is a pan-African digital operator providing a range of critical voice, data, fintech, digital, enterprise and wholesale services to around 295 million customers in 19 markets. Our purpose is embodied in our belief statement that everyone deserves the benefits of a modern connected life. Our strategic intent is leading digital solutions for Africa's progress.

MTN Group Limited is a publicly owned entity whose shares are traded on the JSE. At the end of 2023 our market capitalisation was approximately R209 billion (US$11.4 billion). Subsidiaries MTN Nigeria, MTN Ghana, MTN Uganda and MTN Rwanda are listed on the Nigerian Exchange Ltd, the Ghana Stock Exchange, the Uganda Securities Exchange and the Rwanda Stock Exchange, respectively.

Ambition 2025:Leading digital solutions for Africa’s progress

Build the largest and most valuable platforms

Drive industry‑leading connectivity operations

Create shared value

Accelerate portfolio transformation

Enabled by our values:

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