10 Things you should know about MTN Group Limited

MTN Group Limited is a brand founded Raymond Sifiso Ndlovu Dabengwa. Here are 10 Things you should know about MTN Group Limited.

1. MTN Group Limited is a South African multinational mobile telecommunications company, operating in many African, European and Asian countries.
2. It was formerly known as M-Cell.
3. Its head office is in Johannesburg.
4. As of 30 June 2016, MTN recorded 232.6 million subscribers, making it the eighth largest mobile network operator in the world, and the largest in Africa.
5. It is active in over 20 countries.
6. One-third of company revenue come from Nigeria, where it holds about 35% market share.
7. The company was founded in 1994 as M-Cell with assistance from the South African government.
8. In 1995, it replaced its then-CEO, John Beck, with Robert (Bob) Chaphe.
9. In 2001, the company reported that its controlling shareholder was Johnnic Holdings, and the chairperson was Irene Charnley.
10. In 2002, Phuthuma Nhleko became the CEO replacing then-CEO Paul Edwards.