MTN GROUP LIMITED. JSE: MTN

MTN shares

Background of MTN

  • Established as M-Cell in 1994, the MTN Group is a South African multinational mobile telecommunications company which has evolved into one of the largest groups in its sector. The company now has a footprint in Africa, Europe and Asia, and enjoys a 37% share of the market in South Africa, totaling 20 million customers. Globally, the group has over 300 million subscribers.

  • The MTN Group operates from three business divisions, namely MTN-SA (South Africa), MTN International and Strategic Investments. MTN shares are available to buy on the Johannesburg Stock Exchange (JSE) under the Telecommunications Service sector.

  • The group’s product portfolio includes voice, data, wireless and telemetry offerings for sale to both individuals and businesses. MTN employs more than 21 000 people, has invested more than R130 billion in capital projects over the past five years and achieved dividends growth of 273% over the past five years.

MTN Shares Growth Driver

  • The MTN Group has continued working towards achieving their goal of “leading the delivery of a bold, New Digital World” to its customers.

  • Despite a few years of negative performance, the group’s new operating structure, together with its strong cash platform, has positioned the company to take advantage of the next phase of evolution in the mobile telecommunications sector. MTN group is confident that their operations will continue benefiting from strong growth in data together with their many investments and related activities in the digital space. This will be underpinned by organic growth, partnerships and acquisitions and will position the group to become the leading digital player across its markets over the next few years.

  • MTN continues anticipating the resolution of the ongoing suspension of regulatory services which continues to restrict emerging tariff plans and promotions for MTN Nigeria.

  • The continued easing of sanctions in Iran and related economic uplift in that country has continued offering significant opportunities to expand services, particularly in the digital space where the group commands a strong market position.

  • MTN has managed to successfully migrate voice bearer interfaces to internet protocol, hence improving scalability and network simplicity. Significant amounts have been invested in building its transmission infrastructure, including submarine cables and fibre optic cables to buy into improved broadband capacity and link South Africa and the east coast of Africa to Europe.

MTN Group Investor Tip

  • The live online stocks chart shows that MTN share price took a massive hit in 2015 after the $3.9 billion fine it incurred in Nigeria. MTN share price has been battling to recover ever since and growth in established markets has been relatively slow compared to previous years, with investors cautious to buy the shares.

  • MTN has however established itself as a global player and MTN shares should make some gains in the future as the company expands its product offerings. MTN shares could therefore be a bargain buy at present, as they are currently undervalued.

MTN Major Shareholders

Government Employees Pension Fund, M1 Ltd, Dodge & Cox, Coronation Asset Management.

  • Sector

    Communications

  • Industry

    Telecom

  • Sub industry

    Telecom Carriers

How to buy MTN Group Shares

  • MTN : How to buy MTN Group Shares Online

    We have made it simple to buy JSE listed firm shares online. The easiest way to buy MTN Group shares or stocks is to; start by submitting the ‘BUY THIS SHARE’ form. Next, one of our experienced and certified stock brokers will personally get in contact with you to discuss your custom stock request. Finally, a stock advisor will confirm the amount of shares you are looking to invest in MTN and assist you with the setup and management of your stock portfolio account.

  • Here are the steps you must follow to Buy / Purchase MTN Group shares with utmost confidence:

    1. Start by Filling in the BUY THIS SHARE form.
    2. Insert your name, email, telephone number and monthly remuneration.
    3. Then, Indicate the amount you are looking to invest in MTN.
    4. Click the “ INVEST NOW” button
    5. Once we have received your info, a dedicated stock advisor will personally call you back to discuss your personal share request.
    6. Lastly, your newly appointed personal stock advisor will handle all account setups and reporting as stipulated by the financial services board of South Africa (FSB)
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