Annexure 1
Interests in major subsidiary companies and joint ventures
Mobile Telephone Networks Holdings |
Investment holding |
|
|
|
|
|
|
|
|
(Proprietary) Limited |
company |
South Africa |
5 |
100 |
100 |
12 634 |
12 617 |
1 520 |
1 520 |
Mobile Telephone Networks (Proprietary) |
|
|
|
|
|
|
|
|
|
Limited |
Network operator |
South Africa |
* |
100 |
100 |
— |
— |
— |
— |
Guardrisk International Limited PCC |
Insurance company |
Mauritius |
* |
100 |
100 |
— |
— |
— |
— |
MTN Service Provider (Proprietary) Limited |
Service provider |
South Africa |
* |
100 |
100 |
— |
— |
— |
— |
MTN International |
Investment holding |
|
|
|
|
|
|
|
|
(Proprietary) Limited |
company |
South Africa |
* |
100 |
100 |
— |
— |
— |
— |
|
Investment holding |
|
|
|
|
|
|
|
|
MTN International ( Mauritius) Limited |
company |
Mauritius |
* |
100 |
100 |
— |
— |
— |
— |
Cameroon Mobile Telephone Networks |
|
|
|
|
|
|
|
|
|
Limited |
Network operator |
Cameroon |
2 |
70 |
70 |
— |
— |
— |
— |
MTN Nigeria Communications Limited*** |
Network operator |
Nigeria |
* |
77,3 |
75 |
— |
— |
— |
— |
Mobile Telephone Networks Insurance |
Insurance company |
South Africa |
|
|
|
|
|
|
|
(Proprietary) Limited |
|
|
* |
100 |
100 |
— |
— |
— |
— |
M-Tel Insurance (Proprietary) Limited |
Insurance company |
South Africa |
* |
100 |
100 |
— |
— |
— |
— |
MTN Network Solutions (Proprietary) |
Internet service |
|
|
|
|
|
|
|
|
Limited |
provider |
South Africa |
* |
100 |
60 |
— |
— |
— |
— |
MTN Management Services (Proprietary) |
|
|
|
|
|
|
|
|
|
Limited |
Management services |
South Africa |
* |
100 |
100 |
— |
— |
— |
— |
MTN Rwandacell S.A.R.L ** |
Network operator |
Rwanda |
* |
40 |
40 |
— |
— |
— |
— |
MTN Uganda Limited ** |
Network operator |
Uganda |
* |
52 |
52 |
— |
— |
— |
— |
Cell Place (Proprietary) Limited |
Cellular dealership |
South Africa |
* |
51 |
35 |
— |
— |
— |
— |
Swazi MTN Limited ** |
Network operator |
Swaziland |
* |
30 |
30 |
— |
— |
— |
— |
| |
|
|
|
|
|
|
|
|
|
Nigerian Electronic Funds Transfer Operation |
Virtual Airtime |
Nigeria |
* |
88,65 |
87,5 |
— |
— |
— |
— |
MTN Cote d’Ivoire Societé Anonyme |
Network operator |
Ivory Coast |
* |
51 |
— |
|
— |
— |
— |
|
|
Republic of |
|
|
|
|
|
|
|
MTN Congo Societé Anonyme |
Network operator |
the Congo |
* |
100 |
— |
|
— |
— |
— |
MTN Zambia |
Network operator |
Zambia |
* |
100 |
— |
— |
— |
— |
— |
Irancell** |
Network operator |
Iran |
* |
49 |
— |
|
— |
— |
— |
Mascom Wireless Botswana Limited** |
Network operator |
Botswana |
* |
44 |
— |
— |
— |
— |
— |
|
Investment holding |
|
|
|
|
|
|
|
|
Mobile Botswana Limited |
company |
Mauritius |
* |
100 |
— |
— |
— |
— |
— |
|
Investment holding |
|
|
|
|
|
|
|
|
Econet Wireless Citizens Limited |
company |
Botswana |
* |
60 |
— |
— |
— |
— |
— |
|
Investment holding |
|
|
|
|
|
|
|
|
DECI (Proprietary) Limited** |
company |
Botswana |
* |
33 |
— |
— |
— |
— |
— |
MTN Mobile |
|
|
|
|
|
|
|
|
|
Money Holdings |
Wireless banking |
|
|
|
|
|
|
|
|
(Proprietary) Limited** |
services |
South Africa |
* |
50 |
— |
— |
— |
— |
— |
|
|
|
|
|
|
|
|
|
|
* Amounts less than R1 million
** Joint ventures
*** Although MTN International (Mauritius) holds 75% of MTN Nigeria, consolidation of the results of MTN Nigeria is based on 77,3% due to the accounting
treatment required under IFRS for the outstanding put options as described in note 7.1.
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