Wireless Telecommunication Services
Company Overview of MTN Group Limited
MTN Group Limited operates in the telecommunications industry. It offers voice and data services; and business services, such as cloud, infrastructure, network, software, and enterprise mobility. The company also provides MTN mobile money account, which enables to make payments, buy prepaid services, and withdraw cash. In addition, it offers digital lifestyle products, including MTN Play that offers games, music, news, and lifestyle services; and MTN Football, a game. As of December 31, 2014, the company served 223.4 million subscribers in 22 countries in Africa, Asia, and the Middle East. MTN Group Limited was founded in 1994 and is headquartered in Johannesburg, South Africa.
216 14th Avenue
Founded in 1994
Key Executives for MTN Group Limited
Chief Executive Officer, President and Executive Director
Total Annual Compensation: $22.6M
Chief Financial Officer, Financial Director and Executive Director
Total Annual Compensation: $12.3M
Group Chief Operating Officer
Total Annual Compensation: $4.4M
Chief Executive Officer of South Africa
Total Annual Compensation: $14.3M
Chief Executive Officer of Nigeria Operations
Total Annual Compensation: $10.9M
Compensation as of Fiscal Year 2014.
MTN Group Limited Key Developments
MTN Signs Multi-Year Agreement with Ericsson
Sep 30 15
MTN Group has signed a multi-year agreement with Ericsson, a provider of communications technology and services, to implement, support and manage Ericsson's Order to Cash suite. This solution enables MTN to standardize the customer experience of its products and services in all the markets it is operational. As part of the agreement, Ericsson will be responsible for the replacement of all legacy infrastructure with its new Charging System, Ericsson Multi Activation and Ericsson Multi Mediation across all MTN operations, enabling customers to activate new services more efficiently and to better monitor their data cost and usage. It will also enable MTN to respond more efficiently to customer related complaints. Ericsson will support, operate and manage this suite of products to ensure the benefits are realized across all MTN operations. Ericsson's Managed Services will allow for an agile launch of services, thus increasing MTN's capacity for innovation and speed that are essential for a sustainable and successful business differentiation. Multi Mediation supports the retrieval and processing of user data from all network nodes, so that such data can be made available to the relevant IT back-end systems and billed in real time. Multi Activation provides MTN with fully automated real-time fulfillment capabilities. End-to-end solutions help operators meet these challenges by helping them quickly develop new products, new packaging as well as pricing models that target specific user preferences, reducing time-to-market. This agreement not only reinforces partnership with MTN but places them in prime position to fulfill their strategic ambitions.
MTN Group and Liquid Telecom Partner to Extend Footprint and Offering in Africa
Aug 24 15
Customers of MTN Group and Liquid Telecom are set to benefit from a larger connectivity footprint across Africa. The two companies have partnered to jointly offer customers access to the fixed and wireless footprint across the continent. The partnership, which covers wholesale, carrier-to-carrier, high speed broadband, enterprise and fixed data services, enables MTN and Liquid Telecom access to each other's fixed and wireless networks in countries on the African continent, where one party may not currently have presence. The partnership is in response to the increasing demand from businesses across West Africa for the company's broadband service. The partnership enables Liquid Telecom to offer businesses gigabit-speed services accompanied by negotiated SLAs and consistently 24/7 customer service. The additional countries which Liquid Telecom will now have a presence in are Benin, Cameroon, Congo Brazzaville, Ghana, Guinea Bissau, Guinea Republic, Ivory Coast, Liberia, Nigeria, Sudan, South Sudan and Swaziland. The agreement with Liquid Telecom gives MTN the ability to service its multinational enterprise customers in Burundi, DRC, Tanzania and Zimbabwe. Together, Liquid Telecom and MTN will be able to provision networks with complex requirements faster and sell each other's wholesale, carrier, enterprise and fixed services on the combined network - providing more choice to businesses of all sizes, competitively.
MTN Appoints Rahul De as Chief Marketing Officer for the Nigerian Market
Aug 22 15
MTN has appointed Indiaborn executive, Rahul De, as its chief marketing officer for the Nigerian market. De has been with the group for many years and is credited with turning around MTN's Ghana operations where he was the marketing head for 4 years.
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