MTN Group
MTN Group operates in 19 markets across Africa and the Middle East, providing a range of services to 295 million customers, with a service revenue of R210 billion for the period ended 31 December 2023.
Service Offerings
MTN Group offers a wide range of services, including voice, data, fintech, digital, enterprise, wholesale, and API services. The company provides a suite of fintech solutions such as payments, mobile wallets, and other financial services. Additionally, MTN Group hosts an API marketplace called Chenosis, which allows for the integration and usage of APIs across various industries.
Market Presence
MTN Group operates in 19 markets across Africa and the Middle East. The company's extensive reach has enabled it to serve 295 million customers. MTN Group is committed to building infrastructure to enhance connectivity, particularly in rural and underserved areas, where its investments are making a significant impact.
Financial Performance
For the period ended 31 December 2023, MTN Group reported a service revenue of R210 billion. This financial performance underscores the company's strong market position and its ability to generate significant revenue from its diverse service offerings.
Digital Innovations
MTN Group offers a digital super-app named ayoba, which boasts 35 million monthly active users. The app provides a comprehensive digital experience, integrating various services to enhance user engagement. Through innovations like ayoba, MTN Group is at the forefront of digital transformation in its markets.
Environmental Commitment
MTN Group is committed to achieving net zero emissions by 2040. The company participates in the CDP and aligns with the Taskforce on Climate-related Financial Disclosures, demonstrating its dedication to environmental sustainability and transparency in climate-related reporting.