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About the company
MTN Nigeria Communications Plc is a Nigeria-based company, which is engaged in the business of building and operating Global System for Mobiles (GSM) Cellular Network Systems and other related services nationwide in Nigeria. The Company offers broadband fixed wireless access service, telecommunication services and mobile financial services respectively. The Company operates through three segments: Consumer Business Unit, Enterprise Business Unit and Wholesale Business Unit. The Consumer Business Unit segment consists of subscribers sitting on value propositions and tariff plans dedicated to three sub segments: Youth, High Value and Mass segments. The Enterprise Business Unit segment provides its products and services to corporate and small medium organizations to serve their everyday business needs. The Wholesale Business Unit segment serves customers who buy telecom products in bulk with the intention of re-selling these products (mobile or fixed) to their external clients.
- Revenue in NGN (TTM)2.85tn
- Net income in NGN-780.50bn
- Incorporated2000
- Employees1.82k
- LocationMTN Nigeria Communications PLCMTN Plaza, Falomo, IkoyiLAGOS NigeriaNGA
- Websitehttps://www.mtnonline.com/
Mergers & acquisitions
Acquired company | MTNN:LAG since announced | Transaction value |
---|---|---|
Emerging Markets Telecommunication Services Limited-Operating Spectrum | -24.12% | -- |
Holder | Shares | % Held |
---|---|---|
Old Mutual Investment Group (Pty) Ltd.as of 30 Sep 2023 | 12.45m | 0.06% |
Norges Bank Investment Managementas of 31 Dec 2023 | 12.06m | 0.06% |
Van Eck Associates Corp.as of 08 Aug 2024 | 6.92m | 0.03% |
Rudiarius Capital Management (Pty) Ltd.as of 30 Sep 2022 | 994.32k | 0.01% |
BPI Gest�o de Activos SGOIC SAas of 31 Dec 2023 | 505.60k | 0.00% |
Eurizon Capital SAas of 31 May 2024 | 473.64k | 0.00% |
OTP Fund Management Ltd.as of 30 Jun 2023 | 302.42k | 0.00% |
Banor Capital Ltd.as of 31 Mar 2024 | 160.88k | 0.00% |
Eastspring Securities Investment Trust Co., Ltd.as of 30 Jun 2024 | 0.00 | 0.00% |