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    MTNN   NGMTNN000002

MTN NIGERIA COMMUNICATIONS PLC

(MTNN)
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MTN Nigeria Communications plc Acquires Additional 800Mhz Spectrum

03/12/2021 | 02:56am EDT

MTN Nigeria has acquired additional 10MHz spectrum in the 800MHz band from Intercellular Nigeria Limited. The Nigerian Communications Commission (NCC) has approved the transaction and assigned the frequency to MTN Nigeria. The acquisition will significantly improve customer experience, in line with commitment to deliver excellent service quality to subscribers.


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03/12MTN Nigeria Communications plc Acquires Additional 800Mhz Spectrum
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Financials
Sales 2021 1 582 B 3 849 M 3 849 M
Net income 2021 282 B 687 M 687 M
Net Debt 2021 550 B 1 338 M 1 338 M
P/E ratio 2021 12,9x
Yield 2021 6,46%
Capitalization 3 562 B 8 653 M 8 666 M
EV / Sales 2021 2,60x
EV / Sales 2022 2,17x
Nbr of Employees 1 844
Free-Float 100%
Chart MTN NIGERIA COMMUNICATIONS PLC
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MTN Nigeria Communications PLC Technical Analysis Chart | MarketScreener
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Technical analysis trends MTN NIGERIA COMMUNICATIONS PLC
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TrendsNeutralBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 6
Last Close Price 175,00 NGN
Average target price 217,42 NGN
Spread / Average Target 24,2%
EPS Revisions
Managers and Directors
Karl Olutokun Toriola Chief Executive Officer & Director
Modupe Agbolade Kadri Chief Financial Officer & Executive Director
Ernest Chukwuka-Anene Ndukwe Executive Chairman
Mohammed Rufai Chief Technical Officer
Randy Bikraj Chief Information Officer
Sector and Competitors