MTN Group now connects 210.1 million people in 22 countries across Africa and the Middle East.
From a single licence in South Africa
awarded in 1994, MTN said in a statement on Thursday that it had
invested hundreds of billions of rand in state-of-the-art networks and
licences.
From basic voice calls and messaging
services,the firm said it had broadened its offering to include numerous
innovative communication, content and entertainment services.
To this end, MTN Group was named as the
only South African company on the World Champions list. The list,
compiled by analysts from American multinational financial services
company, Citi Group, names global companies dominating their respective
industries.
Companies on the list must have a market
value in excess of R30bn, be in the top three in terms of market share
in their segment, and have global reach as well as a lasting sustainable
business model.
“Being named on the World Champions list
is exciting and humbling, especially as MTN commemorates its
20thanniversary this year. This global recognition signifies that we
continue to play a vital role in our industry,” MTN Group President and
Chief Executive Officer, Sifiso Dabengwa, said.
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