Inactive Instrument

Company MTN Group Limited Other OTC

Equities

MTNOY

US62474M1080

Wireless Telecommunications Services

Business Summary

MTN Group Limited is one of the leading South African mobile telecommunication operators. Net sales break down by activity as follows:

- mobile telecommunication services (92%);

- sale of cell phones and accessories (5.4%);

- other (2.6%).

Net sales are distributed geographically as follows: South Africa (26.7%), Nigeria (33.1%), Ghana (10.6%), Côte d'Ivoire (4.9%), Uganda (4.7%), Cameroon (4%), Sudan (1.2%) and other (14.8%).

Sales per Business

ZAR in Million2022Weight2023Weight Delta
Network Services
73.0 %
153,873 74.3 % 161,473 73.0 % +4.94%
Digital and Fintech
11.1 %
20,616 10.0 % 24,527 11.1 % +18.97%
Interconnect and Roaming
7.9 %
16,078 7.8 % 17,355 7.9 % +7.94%
Mobile Devices
4.9 %
10,510 5.1 % 10,917 4.9 % +3.87%
Other
2.8 %
5,432 2.6 % 6,168 2.8 % +13.55%
Interest
0.3 %
494 0.2 % 616 0.3 % +24.70%

Sales per region

ZAR in Million2022Weight2023Weight Delta
Nigeria
33.1 %
76,015 36.7 % 73,159 33.1 % -3.76%
South Africa
23.3 %
50,153 24.2 % 51,403 23.3 % +2.49%
Ghana
9.1 %
17,401 8.4 % 20,170 9.1 % +15.91%
Other West and Central Africa
7.1 %
13,347 6.4 % 15,620 7.1 % +17.03%
Uganda
5.8 %
9,790 4.7 % 12,810 5.8 % +30.85%
Ivory Coast
4.6 %
8,759 4.2 % 10,109 4.6 % +15.41%
Cameroon
4.4 %
7,540 3.6 % 9,725 4.4 % +28.98%
Bayobab
3.3 %
-- 7,193 3.3 % -
Other South and East Africa
2.8 %
5,833 2.8 % 6,183 2.8 % +6.00%
Reconciling Items
2.2 %
2,502 1.2 % 4,835 2.2 % +93.25%
Zambia
1.5 %
3,269 1.6 % 3,418 1.5 % +4.56%
Sudan
1.3 %
3,472 1.7 % 2,918 1.3 % -15.96%
Afghanistan
1.1 %
1,909 0.9 % 2,330 1.1 % +22.05%
Head Office Companies
0.5 %
7,013 3.4 % 1,183 0.5 % -83.13%

Managers

Managers TitleAgeSince
Chief Executive Officer 52 02/04/17
Director of Finance/CFO 56 31/03/21
Chief Tech/Sci/R&D Officer - 31/10/19
Chief Tech/Sci/R&D Officer 53 31/12/97
Investor Relations Contact - 31/08/19
Human Resources Officer - 30/09/22
Corporate Officer/Principal 43 28/02/21
Corporate Officer/Principal 53 31/08/22
Corporate Officer/Principal 44 31/12/15
General Counsel 46 31/07/19

Members of the board

Members of the board TitleAgeSince
Director/Board Member 64 07/07/15
Director/Board Member 63 31/07/22
Director/Board Member 66 31/07/16
Director/Board Member 70 30/06/18
Director/Board Member 60 31/07/16
Director/Board Member 57 31/12/22
Director/Board Member 54 15/09/20
Director/Board Member 66 30/06/19
Director of Finance/CFO 56 31/03/21
Chairman 64 31/05/18

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 1,807,434,380 1,303,392,444 ( 72.11 %) 959,583 ( 0.0531 %) 72.11 %

Shareholders

NameEquities%Valuation
Public Investment Corporation (SOC) Ltd.
20.42 %
384,824,084 20.42 % 1 851 M $
116,004,910 6.156 % 558 M $
Coronation Asset Management (Pty) Ltd.
5.060 %
95,344,046 5.060 % 459 M $
76,835,378 4.078 % 369 M $
M&G Investment Managers (Pty) Ltd.
1.916 %
36,095,244 1.916 % 174 M $
Satrix Managers (RF) Pty Ltd.
0.7186 %
13,540,494 0.7186 % 65 M $
Old Mutual Investment Group (Pty) Ltd.
0.7186 %
13,539,600 0.7186 % 65 M $
Sanlam Investment Management (Pty) Ltd.
0.6466 %
12,183,592 0.6466 % 59 M $
UBS Asset Management (Singapore) Ltd.
0.5331 %
10,044,272 0.5331 % 48 M $
STANLIB Asset Management (Pty) Ltd.
0.5077 %
9,566,466 0.5077 % 46 M $
NameEquities%Valuation
Degroof Petercam Asset Services SA
0.002123 %
40,000 0.002123 % 192 360 $
Yousif Capital Management LLC
0.001607 %
30,288 0.001607 % 145 655 $
FCA Corp.
0.000955 %
18,000 0.000955 % 86 562 $
Satuit Capital Management LLC
0.000564 %
10,620 0.000564 % 51 072 $
Eligo Asset Management AB
0.000222 %
4,190 0.000222 % 20 150 $
USA Mutuals Advisors, Inc.
0.000180 %
3,400 0.000180 % 16 351 $
Budapest Fund Management Co. Ltd.
0.000158 %
2,974 0.000158 % 14 302 $
RhumbLine Advisers LP
0.000074 %
1,386 0.000074 % 6 665 $
Allianz Mutual Funds Management Hellas SA
0.000042 %
800 0.000042 % 3 847 $
PNC Investments LLC
0.000006 %
106 0.000006 % 510 $

Holdings

NameEquities%Valuation
15,408,641,560 73.39% 2,370,619,504 $
9,697,499,166 73.27% 1,241,473,843 $
18,593,811,989 83.05% 836,721,540 $
85,176,719 25.66% 293,007,913 $

Company contact information

MTN Group Ltd.

Innovation Centre 14th Avenue

2195, Fairland

+27 83 912 3000

http://www.mtn.com
address MTN Group Limited(MTNOY)

Group companies

NameCategory and Sector
Financial Conglomerates
Wireless Telecommunications
Financial Conglomerates