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MTN Group Ltd
JSE:MTN

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MTN Group Ltd
JSE:MTN
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Price: 8 459 Zac 3.3% Market Closed
Market Cap: 154.6B Zac
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MTN Group Ltd
Net Income (Common)

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
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MTN Group Ltd
Net Income (Common) Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Net Income (Common) CAGR 3Y CAGR 5Y CAGR 10Y
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MTN Group Ltd
JSE:MTN
Net Income (Common)
-zar12.5B
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
No Stocks Found

MTN Group Ltd
Glance View

Market Cap
154.6B Zac
Industry
Telecommunication

MTN Group Ltd., a telecommunications titan headquartered in Johannesburg, has woven itself into the fabric of African connectivity with an audacious and expansive reach. Established in 1994, amidst the transformative tides of South Africa's newly attained democracy, MTN began its journey by capitalizing on the burgeoning demand for mobile services. Today, it stands as a beacon of communication across the African continent and beyond, with operations spanning over 20 countries, including Nigeria, Iran, and Ghana. The company has meticulously built and operated robust mobile networks that provide voice, data, and digital services to millions. With a focus on the unique needs of emerging markets, MTN has adeptly navigated the diverse regulatory landscapes, earning its place as a key player in connecting people and businesses. Underpinning MTN's financial success is its comprehensive business model that generates revenue from various streams. Its primary source of income stems from voice services, which, despite the global shift towards data, remains a significant revenue contributor in many of its operating regions. Data services represent the next vital artery of revenue, driven by the increasing demand for internet access and the proliferation of smartphones. MTN's strategy involves offering affordable data packages tailored to the local markets. Additionally, mobile financial services like MTN Mobile Money have grown into a prominent segment, especially in regions with low banking penetration, by providing users with accessible options for transactions and financial management. Through these strategic endeavors, MTN not only sustains its financial foundations but also fosters economic empowerment and inclusion across its diverse footprint.

MTN Intrinsic Value
Not Available
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See Also

What is MTN Group Ltd's Net Income (Common)?
Net Income (Common)
-12.5B ZAR

Based on the financial report for Jun 30, 2024, MTN Group Ltd's Net Income (Common) amounts to -12.5B ZAR.

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