MTN Group Limited (MTNOF)
MTN Group Limited operates in the Telecommunications Services industry of the Communication Services sector, headquartered in Fairland, GT, ZA. The stock last traded at $14.56, up 0.00% on the session, giving a market capitalisation of $26.69B. On trailing twelve-month figures it carries a trailing P/E of 22.58, a net margin of 8.9%. Its beta of 0.88 implies it has historically moved less than the broad market.
MTN Group Limited, through its numerous subsidiaries, is a prominent global telecommunications enterprise. It delivers a diverse range of services, including mobile data, voice calls, and SMS, alongside digital and financial technology offerings, wholesale services, and interconnect and roaming solutions. The company also sells mobile devices. Beyond standard telecom services, MTN provides robust network-as-a-service infrastructure, featuring international connectivity via subsea cables, extensive terrestrial and metropolitan fiber networks, data centers, cable landing stations, FTTx, towers, and radio access networks. Its digital financial services portfolio encompasses access payments, e-commerce, insurance, lending, and remittance options. For businesses, MTN supplies enterprise solutions like cloud computing, unified communications, Internet of Things (IoT), and software-defined networks, as well as API products designed for various sectors including telecommunications, health, government, financial services, and entertainment. As of March 9, 2022, MTN had accumulated 272.4 million subscribers across 21 international markets. The company operates extensively in South Africa, Nigeria, throughout South and East Africa, West and Central Africa, and the Middle East and North Africa. Founded in 1994, MTN Group Limited is based in Johannesburg, South Africa.
MTN Group Limited is most often compared with the following Communication Services names: