MTN

Johannesburg, South Africa Founded: 1994 • Age: 32 yrs
MTN Group is recognized as a leading telecommunications provider in Africa.
Annual revenue - Latest available
Total funding $7.0M 14 rounds
Employees - Tracked headcount
Investors 33 Known backers
Products 5 Services tracked
Competitors 8 Brand Intelligence

About MTN

MTN is a company based in Johannesburg (South Africa) founded in 1994. It operates as a API-as-a-Product, Subscription Services, and FinTech. MTN has raised $7.05 million across 14 funding rounds from investors including Mastercard, Citi and Access Bank. MTN has completed 8 acquisitions, including Afrihost, IHS Towers and Investcom. MTN offers products and services including Fintech Solutions, Digital Services, Enterprise Services, Network as a Service, and API Marketplace (Chenosis). MTN operates in a competitive market with competitors including Jio, Airtel, SK Telecom, Optus and Telecom Italia, among others.

  • Headquarter Johannesburg, South Africa
  • Stage Public
  • Sectors
    Telecommunications
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Mtn Group Management Services (Pty) Ltd
Operational Areas
Telecommunications → Telecommunications Infrastructure & Services Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
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  • EBITDA
    Not available
  • Total Equity Funding
    $7.05 M (USD)

    in 14 rounds

  • Latest Funding Round
    Not available
  • Investors
    Mastercard

    & 32 more

  • Employee Count
    Not available
  • Investments & Acquisitions
    Afrihost

    & 7 more

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Products & Services of MTN

MTN offers a comprehensive portfolio of products and services, including Fintech Solutions, Digital Services, Enterprise Services, Network as a Service, and API Marketplace (Chenosis).

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Primary

Digital financial services are provided across African markets.

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Digital connectivity solutions are offered for African users.

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Business connectivity solutions are delivered to African enterprises.

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Network infrastructure services are provided to various clients.

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API creation and discovery are enabled across Africa.

Funding Insights of MTN

MTN has successfully raised a total of $7.05M across 14 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in MTN

MTN has secured backing from 33 investors, including institutional and venture fund investors. Prominent investors backing the company include Mastercard, Citi and Access Bank.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Finance and advisory services for infrastructure projects are provided.
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VC & PE firm
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Private equity buyouts and investments are pursued across multiple sectors.
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Investor details for MTN

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by MTN

MTN has strategically engaged in corporate development activities, having acquired 8 companies. Notable acquisitions include Afrihost, IHS Towers and Investcom.

Investments
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Investment portfolio details for MTN

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  • Portfolio identities
  • Transaction dates
  • Round details
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Connections among Africans are facilitated via a multilingual social platform.
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African music and radio are streamed through Simfy Africa platform.
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Wireless network services are operated across Nigeria.
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Complete acquisition details for MTN

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  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - MTN

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Detailed financials for MTN

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  • Profit trends
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Mtn Comparisons

MTN Primary company
Description
MTN Group is recognized as a leading telecommunications prov...
Location
Johannesburg, South Africa
Founded Year
1994
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
Premium access

Peer comparison for MTN

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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  • Headcount comparison
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Competitors of MTN

MTN operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Jio, Airtel, SK Telecom, Optus and Telecom Italia, among others.

Company Name Domain Founded year HQ Location Description
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Provider of telecommunication services
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Airtel is recognized as a provider of telecommunications and internet services.
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Provider of integrated telecommunication services
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Mobile internet services are provided for homes and offices.
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Integrated telecom service provider
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Detailed competitors of MTN

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  • Domains and locations
  • Full company profiles
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Latest news on Mtn

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Complete news archive for MTN

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about MTN

MTN was founded in 1994 and raised its 1st funding round 5 years after it was founded.

MTN is headquartered in Johannesburg, South Africa. It is registered at Johannesburg, Gauteng, South Africa.

Ralph Mupita is the current CEO of MTN.

MTN is a funded company, having raised a total of $7.05M across 14 funding rounds to date.

MTN Group is established as a major telecommunications and digital solutions provider across Africa. Operations are conducted in 16 markets, focusing on mobile connectivity, fintech solutions, and enterprise services. Digital platforms are developed to enhance connectivity and financial inclusion. Sustainability initiatives are prioritized, addressing climate goals and social impact. Network infrastructure and API marketplaces are offered to support businesses and developers. Growth is driven by innovation in digital and financial ecosystems across the continent.

MTN's top competitors include AT&T, Optus and SK Telecom.

MTN offers Fintech Solutions, Digital Services, Enterprise Services, Network as a Service, and API Marketplace (Chenosis).

MTN has made 8 acquisitions, including Afrihost, IHS Towers, and Investcom.

MTN has 33 investors. Key investors include Mastercard, Citi, Access Bank, Ecobank, and Standard Chartered.

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