July 25, 2017 3:33 PM ET

Wireless Telecommunication Services

Company Overview of MTN South Africa

Company Overview

MTN South Africa is a mobile network operator in South Africa. It provides news, sports, and event-related information to its consumers. The company also offers customer services in the telecommunications industry. In addition, it provides Steppa tablet that offers Internet to students, learners, and entrepreneurs. Further, the company provides Music+, a platform that offers its users with the ability to simultaneously stream and download music and videos offline. MTN South Africa sells its services through formal and informal outlets, such as service centers; and Steppa tablet through retail stores. The company was founded in 1994 and is based in South Africa. MTN South Africa operates as a...

216 - 14th Avenue

Fairland,  2195

South Africa

Founded in 1994

Phone:

27 11 912 3000

Fax:

27 11 912 3001

Key Executives for MTN South Africa

Chief Executive Officer
Age: 43
Chief Financial Officer
Chief Operating Officer
Age: 47
Managing Director
Age: 61
Group Chief Strategy Officer
Age: 60
Compensation as of Fiscal Year 2017.

MTN South Africa Key Developments

MTN South Africa Announces Preliminary Audited Earnings Results for the Year Ended 31 December 2016

MTN South Africa announced preliminary audited earnings results for the year ended 31 December 2016. The company showed a positive turnaround in the second half of the year, benefiting from improved 3G and LTE network quality and aggressive sales of smartphones. The operation's subscriber base increased by 0.6% to 30.8 million, driven by the pre-paid segment, which increased its base by 0.9% to 25.6 million. The number of post-paid subscribers declined by 1.1% to 5.2 million, largely impacted by network quality challenges experienced, systems and customer service issues in the first half of 2016. Total revenue increased by 4.7% to ZAR 41,922 million mainly as a result of device revenue. Capex increased by 1.3% to ZAR 11,085 million for the year, and retained a strong focus on 3G and LTE network investment. The operation rolled out 1,134 co-located 3G sites and 1,538 LTE sites. EBITDA was ZAR 13,811 million against ZAR 13,370 million a year ago.

MTN SA Announces Executive Changes with Effect from March 13, 2017

The MTN Group announced that Mteto Nyati will be stepping down as the CEO of MTN SA with effect from March 13, 2017. The Company would like to thank Mteto for his role at MTN SA. MTN announced that Godfrey Motsa will assume the position of CEO of MTN SA with effect from March 13, 2017. Godfrey is currently VP of the SEA region at MTN Group. He has over 10 years of experience in the mobile telecoms industry, having occupied the positions of CEO of Vodacom Lesotho, CEO of Vodacom DRC and more recently Chief Officer Consumer Business Unit at Vodacom SA. It also announced that Karl Toriola, the current VP WECA, will assume the additional responsibility of VP of the SEA region in the interim.

MTN SA Appoints Enzo Scarcella as New Chief Operating Officer, Effective December 1, 2016

MTN SA has appointed Enzo Scarcella as its new chief operating officer. He will join the company on 1 December. Before he agreed to assume the COO role at MTN SA, Scarcella was chief marketing officer at Telkom, a designation he has filled since November 2013. Prior to that, he was managing executive of marketing at Vodacom. According to MTN, Scarcella has extensive brand and marketing experience, and has worked in the broadcasting, retail and fast-moving goods industries. Scarcella served as brand manager for South African Breweries and Guinness in the UK, and worked at Edcon as strategy and marketing executive. He was also marketing executive at MNet.

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