MTN Nigeria Communications Plc - Company Profile
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MTN Nigeria Communications Plc (MTN Nigeria), a subsidiary of MTN Group Ltd, is a provider of telecommunications services. The company primarily offers cellular network access and ICT solutions. It's services portfolio include mobile voice, text services, Internet services, such as video calling, data services and Internet browsing, mobile Internet and mobile WiFi services. The company also provides mobile money services allowing its customers to carry out financial transaction through its applications, mobile platform and online ventures It also provides value added services such as fashion and lifestyle tips, mobile TV, mobile number search and among others. MTN Nigeria is headquartered in Lagos, Nigeria.
Headquarters
Nigeria
Address
Mtn Plaza, Falomo, Ikoyi, Lagos
Website
www.mtnonline.com
No of Employees
1,675
Industry
Technology and Communications
Ticker Symbol & Exchange
MTNN (NIG)
Revenue (2022)
$3.9B
22.7%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-138.1%
(2022 vs 2021)
Market Cap*
$3.0B
Net Profit Margin (2022)
XYZ
-131.0%
(2022 vs 2021)
* As of and is in US$
MTN Nigeria Communications Plc premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Mobile Handsets | Mobile Voice |
| Tablets | Mobile Data |
| 4G Mifi | International Roaming |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In April, the company partnered with SpeechLogix and Zoom to introduce Meetings+, a video conferencing platform for Small and Medium Enterprises. |
| 2024 | Contracts/Agreements | In March, the company entered into a partnership with the School of Media and Communications at Pan-Atlantic University to launch the third edition of the MTN Media Innovation Program. |
| 2024 | New Products/Services | In February, the company introduced the MTN Zigi Chatbot. |
Competitor Comparison
| Key Parameters | MTN Nigeria Communications Plc | Adimo Electronics Nigeria Ltd | Airtel Nigeria | Emerging Markets Telecommunication Services Ltd | Globacom Ltd |
|---|---|---|---|---|---|
| Headquarters | Nigeria | Nigeria | Nigeria | Nigeria | Nigeria |
| City | Lagos | - | Lagos | Lagos | Lagos City |
| State/Province | Lagos | - | Lagos | Lagos | Lagos |
| No. of Employees | 1,675 | - | - | - | - |
| Entity Type | Public | Private | Private | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Ernest Ndukwe | Chairman | Executive Board | - | - |
| Karl Olutokun Toriola | Director; Chief Executive Officer | Executive Board | - | - |
| Modupe Kadri | Director; Chief Financial Officer | Executive Board | - | - |
| Karl Toriola | Chief Executive Officer | Senior Management | - | - |
| Hassan Jaber | Chief Operating Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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