Company MTN Group Limited

Equities

MTN

ZAE000042164

Wireless Telecommunications Services

Analysts' Consensus

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Shareholders

Holdings

Company contact information

Group companies

Sector

Sales per Business

Sales per region

Ratings for MTN Group Limited

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Wireless Telecom

End-of-day quote Johannesburg S.E. Other stock markets 06:00:00 2024-04-17 pm EDT			5-day change	1st Jan Change
82 ^ZAR	+1.90%		-11.44%	-29.00%

Mar. 28	MTN Group Appoints Mike Silber as Group Executive for Regulatory	CI
Mar. 25	Transcript : MTN Group Limited, 2023 Earnings Call, Mar 25, 2024

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%).

ZAR in Million	2022	Weight	2023	Weight	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%

ZAR in Million	2022	Weight	2023	Weight	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	Title	Age	Since
Ralph Mupita CEO	Chief Executive Officer	52	17-04-02
Tsholofelo Molefe DFI	Director of Finance/CFO	56	21-03-31
Hermann Tischendorf CTO	Chief Tech/Sci/R&D Officer	-	19-10-31
Mazen Mroué CTO	Chief Tech/Sci/R&D Officer	53	97-12-31
Thato Paul Motlanthe IRC	Investor Relations Contact	-	19-08-31
Willington Ngwepe HRO	Human Resources Officer	-	22-09-30
Chika Ekeji PRN	Corporate Officer/Principal	43	21-02-28
Christian Bombrun PRN	Corporate Officer/Principal	53	22-08-31
Kholekile Ndamase PRN	Corporate Officer/Principal	44	15-12-31
Lele Modise LAW	General Counsel	46	19-07-31

Members of the board	Title	Age	Since
Shaygan Kheradpir BRD	Director/Board Member	64	15-07-07
Timothy Pennington BRD	Director/Board Member	63	22-07-31
Stanley Miller BRD	Director/Board Member	66	16-07-31
Khotso Mokhele BRD	Director/Board Member	70	18-06-30
Nkululeko Sowazi BRD	Director/Board Member	60	16-07-31
Nicky Newton-King BRD	Director/Board Member	57	22-12-31
Sindisiwe Mabaso-Koyana BRD	Director/Board Member	54	20-09-15
Vincent Rague BRD	Director/Board Member	66	19-06-30
Tsholofelo Molefe DFI	Director of Finance/CFO	56	21-03-31
Mcebisi Jonas CHM	Chairman	64	18-05-31

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	1,807,434,380	1,293,820,771 ( 71.58 %)	959,583 ( 0.0531 %)	71.58 %

Name	Equities	%	Valuation
Public Investment Corporation (SOC) Ltd. 20.42 %	384,824,084	20.42 %	1 905 M R
Mikati Family 6.156 %	116,004,910	6.156 %	574 M R
Coronation Asset Management (Pty) Ltd. 5.060 %	95,344,046	5.060 %	472 M R
MTN ZAKHELE FUTHI (RF) LIMITED 4.078 %	76,835,378	4.078 %	380 M R
M&G Investment Managers (Pty) Ltd. 1.916 %	36,095,244	1.916 %	179 M R
Satrix Managers (RF) Pty Ltd. 0.7186 %	13,540,494	0.7186 %	67 M R
Old Mutual Investment Group (Pty) Ltd. 0.7186 %	13,539,600	0.7186 %	67 M R
Sanlam Investment Management (Pty) Ltd. 0.6466 %	12,183,592	0.6466 %	60 M R
UBS Asset Management (Singapore) Ltd. 0.5315 %	10,014,195	0.5315 %	50 M R
STANLIB Asset Management (Pty) Ltd. 0.5077 %	9,566,466	0.5077 %	47 M R

Name	Equities	%	Valuation
Degroof Petercam Asset Services SA 0.002123 %	40,000	0.002123 %	198 012 R
Yousif Capital Management LLC 0.001607 %	30,288	0.001607 %	149 935 R
FCA Corp. 0.000955 %	18,000	0.000955 %	89 105 R
Satuit Capital Management LLC 0.000564 %	10,620	0.000564 %	52 572 R
Eligo Asset Management AB 0.000222 %	4,190	0.000222 %	20 742 R
USA Mutuals Advisors, Inc. 0.000180 %	3,400	0.000180 %	16 831 R
Budapest Fund Management Co. Ltd. 0.000158 %	2,974	0.000158 %	14 722 R
RhumbLine Advisers LP 0.000073 %	1,380	0.000073 %	6 831 R
Allianz Mutual Funds Management Hellas SA 0.000042 %	800	0.000042 %	3 960 R
PNC Investments LLC 0.000006 %	120	0.000006 %	594 R

Name	Equities	%	Valuation
MTN NIGERIA COMMUNICATIONS PLC 73.39%	15,408,641,560	73.39%	2,739,348,297 $
SCANCOM PLC 73.27%	9,697,499,166	73.27%	1,156,426,776 $
MTN UGANDA LIMITED 83.05%	18,593,811,989	83.05%	812,549,584 $
IHS HOLDING LIMITED 25.66%	85,176,719	25.66%	300,673,818 $

MTN Group Ltd.

Innovation Centre 14th Avenue

2195, Fairland

+27 83 912 3000

http://www.mtn.com

Name	Category and Sector
MTN International (Mauritius) Ltd. MTN International (Mauritius) Ltd. Financial ConglomeratesFinance Part of MTN Group Ltd., MTN International (Mauritius) Ltd. is an investment holding Mauritian company. The private company is based in Medine Mews, Mauritius.	Financial Conglomerates
MTN International Pty Ltd. MTN International Pty Ltd. Financial ConglomeratesFinance Part of MTN Group Ltd., MTN International Pty Ltd. is a South African company that is classified as an investor. The private company was founded by Phuthuma Freedom Nhleko.	Financial Conglomerates
MTN (Mauritius) Investments Ltd. MTN (Mauritius) Investments Ltd. Wireless TelecommunicationsCommunications Part of MTN Group Ltd., MTN (Mauritius) Investments Ltd. is a Mauritian company that provides network information technology services. The private company is based in Port Louis, Mauritius.	Wireless Telecommunications

Trading Rating

Investor Rating

ESG Refinitiv

B-

More Ratings

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

82 ZAR

Average target price

111.3 ZAR

Spread / Average Target

+35.77%

Consensus

Estimates Revisions

Company calendar

Technology

Telecommunications Services

Telecommunications Services

Wireless Telecommunications Services

Wireless Telecom

	1st Jan change	Capi.
MTN GROUP LIMITED	-29.00%	7.74B
BHARTI AIRTEL LIMITED	+22.97%	90.08B
SOFTBANK CORP.	+3.32%	55.99B
CELLNEX TELECOM, S.A.	-14.33%	22.98B
ROGERS COMMUNICATIONS INC.	-14.95%	20.65B
ETIHAD ETISALAT COMPANY	+5.81%	10.65B
DIGI.COM	+0.25%	10.03B
FAR EASTONE TELECOMMUNICATIONS CO., LTD.	+0.75%	8.93B
VODAFONE IDEA LIMITED	-17.50%	7.92B
TELE2 AB	+14.19%	6.26B

Wireless Telecom