Company MTN Group Limited

Equities

MTN

ZAE000042164

Wireless Telecommunications Services

End-of-day quote Johannesburg S.E. 06:00:00 2024-05-27 pm EDT 5-day change 1st Jan Change
85 ZAR +0.50% Intraday chart for MTN Group Limited -2.19% -26.41%

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

Members of the board

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

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 1,807,434,380 1,303,462,070 ( 72.12 %) 959,583 ( 0.0531 %) 72.12 %

Shareholders

NameEquities%Valuation
Public Investment Corporation (SOC) Ltd.
20.42 %
384,824,084 20.42 % 1 851 M R
116,004,910 6.156 % 558 M R
Coronation Asset Management (Pty) Ltd.
5.060 %
95,344,046 5.060 % 459 M R
76,835,378 4.078 % 369 M R
M&G Investment Managers (Pty) Ltd.
1.916 %
36,095,244 1.916 % 174 M R
Satrix Managers (RF) Pty Ltd.
0.7186 %
13,540,494 0.7186 % 65 M R
Old Mutual Investment Group (Pty) Ltd.
0.7186 %
13,539,600 0.7186 % 65 M R
Sanlam Investment Management (Pty) Ltd.
0.6466 %
12,183,592 0.6466 % 59 M R
UBS Asset Management (Singapore) Ltd.
0.5331 %
10,045,589 0.5331 % 48 M R
STANLIB Asset Management (Pty) Ltd.
0.5077 %
9,566,466 0.5077 % 46 M R
NameEquities%Valuation
Degroof Petercam Asset Services SA
0.002123 %
40,000 0.002123 % 192 360 R
Yousif Capital Management LLC
0.001607 %
30,288 0.001607 % 145 655 R
FCA Corp.
0.000955 %
18,000 0.000955 % 86 562 R
Satuit Capital Management LLC
0.000564 %
10,620 0.000564 % 51 072 R
Eligo Asset Management AB
0.000222 %
4,190 0.000222 % 20 150 R
USA Mutuals Advisors, Inc.
0.000180 %
3,400 0.000180 % 16 351 R
Budapest Fund Management Co. Ltd.
0.000158 %
2,974 0.000158 % 14 302 R
RhumbLine Advisers LP
0.000074 %
1,386 0.000074 % 6 665 R
Allianz Mutual Funds Management Hellas SA
0.000042 %
800 0.000042 % 3 847 R
PNC Investments LLC
0.000006 %
106 0.000006 % 510 R

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(MTN)

Group companies

NameCategory and Sector
Financial Conglomerates
Wireless Telecommunications
Financial Conglomerates

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
13
Last Close Price
85 ZAR
Average target price
107 ZAR
Spread / Average Target
+25.88%
Consensus
  1. Stock Market
  2. Equities
  3. MTN Stock
  4. Company MTN Group Limited