MTN Group
MTN Group is a South Africa-based multinational mobile telecommunications company, operating in many African and Middle Eastern countries.
MTN describes itself as "the leader in telecommunications in Africa and the Middle East" and as of early 2007 is active in 21 countries.-- (Since 2004, Africa has been the fastest growing mobile phone market in the world.)
MTN Group's President and CEO is Phuthuma Nhleko. The company sponsors the CAF Champions League football competition as well as APOEL F.C. winners of the Cypriot First Division in 2009 and participants in the 2009–10 UEFA Champions League.
Business Of MTN Group
MTN's competition in South Africa includes the company Vodacom.
Talks with Bharti Airtel and Reliance Communications
In May 2008, it emerged that Bharti Airtel, an India-based telecommunications company, was exploring the possibility of buying MTN Group. The Financial Times reported that Bharti was considering offering US$19 billion for a 51% stake in MTN, which would be the largest overseas acquisition ever by an Indian firm. The Economist magazine noted, "If anything, Bharti would be marrying up," as MTN has higher revenues, higher profits and broader geographic coverage.
However, talks fell through after a few days and Bharti Airtel pulled out of the proposed deal on May 24. Two days later, it was reported that another Indian telecommunications company, Reliance Communications is in talks with MTN for a "potential combination of their businesses." If realized, the estimated worth of the combined entity would have been $70 billion (£35 billion), with 116 million subscribers worldwide.
However, on July 18, the two companies announced that they had mutually decided to end discussions regarding the merger.
International Carrier Services
June 26, 2009, MTN Group participated in Belgacom International Carrier Services (BICS), a subsidiary of Belgacom, by merging it with its own subsidiary, MTN ICS. BICS will function as official international gateway for all international carrier services of Belgacom, Swisscom and MTN group. These companies respectively hold 57.6 %, 22.4 % and 20.0 % of the shares of the company.
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发源地:南非
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更 新:2021-5-30