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Thread: MTN

  1. #1

    Default MTN



    Founded in 1994
    M-Cell incorporated in South Africa and owned 25% of MTN Holdings.

    1995 - 1996
    M-Cell converted to a public company with investments that include a 25% shareholding in MTN Holdings and a 60% shareholding in M-Tel (now MTN Service Provider)
    MTN Holdings acquired Service Provider M-Tel
    MTN International expands into Africa, acquiring licences in Uganda, Rwanda and Swaziland

    1997 - 1999
    MTN International expands into Africa, acquiring licences in Uganda, Rwanda and Swaziland
    MTN South Africa awarded ISO 9001 accreditation for network
    MTN South Africa awarded ISO 14001 accreditation for environmental management
    M-Cell increase its stake in MTN Holdings to 72%

    Between 2000 - 2001, MTN acquired licences in Cameroon and Nigeria
    2002 M-Cell was renamed as the MTN Group Limited to reinforce African presence and awareness of the brand
    In 2004 MTN celebrated 10 years of operation recording over 10 million subscribers
    In 2005, MTN recorded more than 20 million subscribers and 11 cellular network operations (10 in Africa and one in the Middle East)
    One of six listed companies in the emerging markets index for Europe, the Middle East and Africa
    Market capitalisation of around US$ 17 billion
    The MTN Group's total global assets were R44.8 billion as at 31 December 2005
    Last edited by QuintonB; 26-09-2011 at 06:08 PM.

  2. #2

    Default

    MTN Group is a South Africa-based multinational mobile telecommunications company, operating in many African and Middle Eastern countries. Its head office is in Johannesburg.

    MTN Group's President and CEO is RS Dabengwa (from 1 April 2011). The company sponsored the CAF Champions League football competition as well as APOEL F.C., winners of the Cypriot First Division in 2009 and participants in the 2009–10 UEFA Champions League.

    On 18 March 2010, it was announced that MTN signed a sponsorship deal with English football Giants Manchester United F.C.

    Source: Wikipedia
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