What is the meaning of MTN? This page is about the meaning and definition of MTN.
Meaning of MTN
MTN stands for Mobile Telephone Network.
Mobile Telephone Network (MTN) is a South Africa-based multinational mobile telecommunications company, operating majorly in African countries including Nigeria. MTN has its Headquarter at Johannesburg SouthAfrica.
MTN Nigeria is part of the MTN Group, Africa's leading cellular telecommunications company. On May 16, 2001, MTN became the first GSM network to make a call following the globally lauded Nigerian GSM auction conducted by the Nigerian Communications Commission earlier in the year. Thereafter the company launched full commercial operations beginning with Lagos, Abuja and Port Harcourt.
Since launch in August 2001, MTN has steadily deployed its services across Nigeria. It now provides services in 223 cities and towns, more than 10,000 villages and communities and a growing number of highways across the country, spanning the 36 states of the Nigeria and the Federal Capital Territory, Abuja. Many of these villages and communities are being connected to the world of telecommunications for the first time ever.
MTN Nigeria is 78.8%, owned by MTN Group and is listed on the Nigerian Stock Exchange. The subsidiary contributes around a third to the group's service revenue and its new CEO will be announced once the group's strategy review is completed, before the end of November 2020.
Launched in 1994, the MTN Group Limited (MTN Group) is a multinational telecommunications group, with its core operations in 21 countries in Africa and the Middle East.
MTN has operations in Afghanistan, Benin, Botswana, Cameroon, Ivory Coast , Cyprus, Ghana, Guinea Bissau, Guinea Republic, Iran, Liberia, Nigeria, Republic of Congo (Congo Brazzaville), Rwanda, South Africa, Sudan, South Sudan, Swaziland, Syria, Uganda, Yemen and Zambia.
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