MTN Group, a Publicly Owned company headquartered in South Africa, was founded in 1994. With approximately 14,470 employees, the company reported $12.7B in revenue as of 2025. Functioning as a multinational mobile telecommunications company operating across many African and Asian countries, MTN Group specializes in providing enterprise connectivity services.

2025 Revenue

Founded

1994

Headcount

14,461

Headquarters

South Africa

Primary Segment

Enterprise connectivity services

Ownership

Publicly Owned

News Summary:

MTN Nigeria, among at least 20 major Nigerian companies, incurred a combined finance cost of approximately N2.1 trillion in 2025, reflecting continued struggles under high funding costs within corporate Nigeria. Simultaneously, on March 22, 2026, MTN and the Bank of Industry (BOI) opened applications for the third phase of their Yellopreneur program, inviting female entrepreneurs to apply for capacity building training and a chance to receive N5 million equipment loans. Previously, on March 21, 2026, former Emir of Kano Muhammadu Sanusi II earned N442 million in 2025 as a non-executive director at MTN Group, an increase from N412 million in 2024. This rise in remuneration coincides with MTN's return to profitability and reflects improved company performance and the growing importance of board-level oversight.

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MTN Group offers 3 products in the telecoms tech, connectivity and cloud and media and telecoms services industries. MTN Group's product portfolio comprises of enterprise connectivity services, search, social, and retail media and telecoms network infrastructure.
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MTN Group's revenues were $12.7B in 2025. Caretta Research has split MTN Group's revenue into 3 different product categories, the largest of which is social media advertising, which represents 50% of MTN Group's revenue.
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Examples of MTN Group's suppliers include Accenture, Gameloft and Intelsat.

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