HOME     SUBSCRIBERS     TRADE     PRODUCTS & SERVICES    
About Sharenet
Enter any share name or code:    

03-Aug-2017
(C)
27-Jul-2017
(Official Notice)
MTN is currently in the process of finalising its financial results for the six months ended 30 June 2017, which will be announced on the Stock Exchange News Service of the JSE Ltd. on Thursday, 3 August 2017.



Following the trading statement published on Friday, 14 July 2017, shareholders are further advised that MTN expects to report interim 2017 basic headline earnings per share of between 210 cents and 230 cents and basic earnings per share of between 280 cents and 300 cents. This compares with a headline loss per share of 271 cents and attributable loss per share of 301 cents reported in the prior comparable period.



The negative performance in the prior comparable period was mainly as a result of non-recurring costs, including the Nigeria regulatory fine of 474 cents per share (cps) which was fully expensed in prior periods, professional fees related to the fine of 73 cps and losses of 136 cps from MTN?s 51% equity interest in Nigeria Tower InterCo B.V. mainly as a result of unrealised losses on US dollar- denominated loans prior to the exercise of the exchange right where MTN exchanged its 51% shares of Nigeria Tower InterCo B.V. for an increased equity stake in IHS.
14-Jul-2017
(Official Notice)
MTN is currently in the process of finalising its financial results for the six months ended 30 June 2017, which will be announced on the Stock Exchange News Service of the JSE Ltd. on Thursday, 3 August 2017.



Shareholders are therefore advised that MTN expects to report an improvement of at least 20% in both headline earnings per share (HEPS) and earnings per share (EPS) for the six-month period ended 30 June 2017, compared with a headline loss per share of 271 cents and attributable loss per share of 301 cents reported in the prior comparable period. The negative performance in the prior year period was mainly as a result of non-reccurring costs, including the Nigeria regulatory fine of 474 cents per share (cps), professional fees related to the fine of 73 cps and losses of 136 cps from MTN?s 51% equity interest in Nigeria Tower InterCo B.V. mainly as a result of unrealised losses on US dollar-denominated loans.



A further trading statement will be issued once the company obtains a reasonable degree of certainty as to the likely range within which the HEPS and EPS are expected to be finalised.
14-Jun-2017
(Official Notice)
Noteholders are hereby advised of the amendment to MTN?s credit rating effective on 13 June 2017.



Moody?s Investors Service (?Moody?s? or ?the agency?) has downgraded MTN Group Ltd.'s senior unsecured notes issued by MTN (Mauritius) Investments Ltd. to Ba1 from Baa3, and has assigned MTN Group Ltd. a Ba1 corporate family rating (CFR) and a Ba1-PD probability of default rating (PDR) and has withdrawn MTN Group Ltd.?s long-term Baa3 issuer rating. A stable outlook was assigned.



This rating action follows the weakening of the South African government?s credit profile, as captured by Moody?s lowering of the South African sovereign rating to Baa3 from Baa2 on 9 June 2017.
26-May-2017
(Official Notice)
Shareholders of MTN are advised that at the 22nd annual general meeting (?AGM?) held on Thursday, 25 May 2017 at 14:30 (South African time), all the ordinary and special resolutions, as set out in the notice of annual general meeting dated 17 March 2017, were passed by the requisite majority of votes of shareholders present in person or represented by proxy.



The total number of shares present/represented, including proxies, at the meeting was 1 573 231 765 or 83.49% of MTN?s issued share capital as at Friday, 19 May 2017, being the voting record date.

25-May-2017
(Official Notice)
Alan van Biljon, who has served as the lead independent director since 2011, will step down from his role as lead independent director on 31 May 2017.



Alan will remain an independent non-executive director of the company until the end of the 2017 financial year, whereafter he will retire from the board of directors (?Board?).



Alan Harper has been appointed as the new lead independent director of the company, with effect from 01 June 2017.

03-May-2017
(Official Notice)
28-Mar-2017
(Official Notice)
MTN shareholders are advised that the audited annual financial statements of the MTN Group contained in the MTN Annual Report 2016 contain no material changes to the audited financial results of the MTN Group for the year ended 31 December 2016 which were released on the Stock Exchange News Service of the JSE Limited on Thursday, 2 March 2017.



The summarised annual financial statements of the MTN Group for the year ended 31 December 2016, which include a notice of the company?s 22nd Annual General Meeting (?AGM?) together with a form of proxy, have been distributed to MTN shareholders on Tuesday, 28 March 2017.



Annual General Meeting

The AGM will be held on Thursday, 25 May 2017 at 14:30 (South African time), in the Auditorium, Phase II, level 0, 216 ? 14th Avenue, Fairland, Gauteng, to consider and, if deemed fit to pass, with or without modification, the ordinary and special resolutions set out in the notice of the AGM and to deal with such other business as may lawfully be dealt with at the AGM.



Salient dates

The record date by when persons must be recorded as shareholders in the securities register of the company in order to be entitled to receive the notice of AGM was Friday, 17 March 2017.



The record date in order to be recorded as a shareholder in the securities register of the company to be entitled to participate in and vote at the AGM is Friday, 19 May 2017. Therefore the last day to trade to be recorded in the securities register of the company as a shareholder on the aforementioned record date is Tuesday, 16 May 2017.



Proxies

Forms of proxy for the AGM to be lodged preferably by 14:30 (South African time) on Tuesday, 23 May 2017.



Any forms of proxy not lodged by this time may be lodged on or before 14:30 (South African time) on Thursday, 25 May 2017.



Availability of the integrated report, AFS and notice of AGM

The integrated report incorporating the annual financial statements and notice convening the AGM are available separately on the company?s website: https://www.mtn.com/Investors/Financials/Pages/integratedreports.aspx
09-Mar-2017
(Official Notice)
Rob Shuter has been appointed as an executive director on the board of directors of the company, with effect from 13 March 2017.

07-Mar-2017
(Official Notice)
The MTN Group advises that Mteto Nyati will be stepping down as the CEO of MTN SA with effect from 13 March 2017. The Company would like to thank Mteto for his role at MTN SA. MTN advises that Godfrey Motsa will assume the position of CEO of MTN SA with effect from 13 March 2017. MTN would also like to announce that Karl Toriola, the current VP WECA, will assume the additional responsibility of VP of the SEA region in the interim. The announcement of the new VP of the SEA region will be made in due course.



02-Mar-2017
(C)
27-Feb-2017
(Official Notice)
MTN is currently in the process of finalising its financial results for the year ended 31 December 2016 (?FY2016?) which will be announced on the Stock Exchange News Service of the JSE on Thursday, 2 March 2017.



Following the trading statement published on 8 February 2017, shareholders are further advised that MTN expects to report for FY2016 a basic headline loss per share of between 74 cents and 81 cents and a basic loss per share of between 137 cents and 151 cents. In the prior year comparable period MTN reported headline earnings per share of 746 cents and earnings per share of 1 109 cents.



The results for the year were impacted by the Nigerian regulatory fine, which had a 455 cents per share (cps) negative impact. In addition, the results were negatively impacted by the following:

- Foreign exchange losses (324 cps);

- The ?interest unwind? related to the Nigerian regulatory fine (45 cps);

- The MTN Zakhele Futhi BBBBEE transaction charge (88 cps);

- Professional fees related to the settlement of the Nigerian regulatory fine (73 cps);

- Losses from our investments in Digital Group being mainly Africa Internet Holdings (AIH), Middle East Internet Holdings (MEIH) and Iran Internet Group (IIG) (39 cps);

- Hyperinflation impact(37 cps); and

- Losses from the Nigeria tower company mainly as a result of foreign exchange losses on US dollar denominated loans (122 cps); (following MTN exchanging its interest in the Nigeria Tower Company for the increased stake in IHS Holding this investment will be shown as ?an asset available for sale?).
08-Feb-2017
(Official Notice)
MTN is currently in the process of finalising its financial results for the year ended 31 December 2016 (FY2016) which will be announced on the Johannesburg Stock Exchange News Service on or about Thursday, 2 March 2017.



Shareholders are therefore advised that MTN expects to report a loss in basic headline earnings per share (HEPS) and basic earnings per share (EPS) for FY2016. In the prior year comparable period MTN reported HEPS of 1 204 cents and EPS of 746 cents.



The expected decline in the HEPS and EPS is mainly as a result of the regulatory fine imposed on MTN Nigeria (the Nigerian regulatory fine) following a resolution with the Federal Government of Nigeria on 10 June 2016. The Nigerian regulatory fine is expected to have an estimated negative impact of approximately 474 cents on HEPS and EPS, respectively.



Other contributing factors to the negative HEPS and EPS for FY2016 were foreign exchange losses in a number of operations, losses from joint ventures and associates, additional depreciation resulting from prior hyperinflation adjustments in MTN Irancell ,the Zakhele Futhi tax and share-based payment charges and professional fees incurred in respect of the settlement of the Nigeria regulatory fine and planned listing.



FY2016 results are further expected to be negatively impacted by the under-performance of MTN Nigeria and MTN South Africa in the first half of 2016. MTN Nigeria?s first half performance was impacted by the disconnection of 4,5 million subscribers in February 2016 in compliance with the Nigerian Communications Commission subscriber registration requirements. The withdrawal of regulatory services, which was resolved in May 2016, the weak economy and the depreciation of the Naira against the USD also negatively impacted MTN Nigeria?s performance. Consolidated results in Rand terms from Nigeria were affected by the weaker Naira in the second half of the year. The disappointing results from MTN South Africa in the first six months, were largely due to the poor postpaid performance.



A further trading statement will be issued once the Company obtains a reasonable degree of certainty as to the likely range within which the HEPS and EPS are expected to be finalised.
01-Feb-2017
(Official Notice)
07-Dec-2016
(Official Notice)
Pursuant to the SENS announcement of 31 October 2016, MTN Group advises that as part of reviewing and finalising the permanent senior management team, the Company has made further appointments of the following executives:



*Jens Schulte-Bockum will assume the position of Group Chief Operating Officer, effective 16 January 2017. Jens will succeed Jyoti Desai, who is retiring.

*Oliver Fortuin will assume the position of Executive Head of Business Enterprise, effective 1 March 2017.

*Bernice Samuels has re-joined MTN as Group Executive of Marketing, effective 1 January 2017.



22-Nov-2016
(Official Notice)
31-Oct-2016
(Official Notice)
The MTN Group appointed Ralph Mupita ("Ralph") to the position of Group Chief Financial Officer (?Group CFO?) and Executive Director of MTN Group, with effect from 3 April 2017.



Ralph is currently Chief Executive of Old Mutual Emerging Markets and has extensive experience in the financial services sector, having had a distinguished career at Old Mutual over the last 16 years. The board of directors of MTN Group (?the Board?), following accepted standard governance practice, is assured that Ralph is suitable to take on this important role and responsibility taking into account his background in the highly regulated and well developed-risk framework in the financial services sector.



Gunter Engling, currently Acting Group CFO, will assume the position of Deputy Chief Financial Officer, with effect from 3 April 2017, reporting to Ralph Mupita.
24-Oct-2016
(Official Notice)
17-Oct-2016
(Official Notice)
07-Oct-2016
(Official Notice)
MTN shareholders are advised that the voting results at the general meeting of MTN regarding the approval by MTN shareholders for the implementation of the 2016 MTN BEE Transaction and the 2016 ESOP, held at the registered office of the Company on 7 October 2016. Based on the voting results, all resolutions were passed by the requisite majority of MTN shareholders present in person or represented by proxy at the general meeting.

06-Oct-2016
(Official Notice)
MTNH and MTN Group announce the successful pricing of the dual tranche USD500 million Long 5-year and USD500 million 10-year notes. Proceeds of the issue, which is due to settle on 13 October 2016, will be used for purposes of capital expenditure; to pay down working capital facilities; and for general corporate purposes.



The notes maturing in February 2022, have a coupon of 5.373% and the notes maturing in October 2026 have a coupon of 6.5%, and will be listed on the Irish Stock Exchange. The joint book- runners for the issue are Barclays, Bank of America Merrill Lynch, Citi Bank (B-D) and The Standard Bank of South Africa Limited.

03-Oct-2016
(Official Notice)
On September 16, 2016, S-P lowered its long-term ratings on Nigeria to 'B' from 'B+' on Weak Growth Dynamics; Outlook Stable. The sovereign downgrade reflects increased risk for MTN Group, as MTN Nigeria is a significant contributor to the Group.



On review of MTN?s ratings, S-P lowered the Group?s long-term corporate credit rating to 'BB+' from 'BBB-' as well as its South Africa national scale rating to 'zaA+' from 'zaAA?, Outlook Stable. S-P also lowered its issuer rating on the Group's existing senior unsecured debt to 'BB+' from 'BBB-', Outlook Stable. S-P maintains a cap of two notches above the blended sovereign rating of Nigeria and South Africa which is currently 'BB-'.

28-Sep-2016
(Official Notice)
MTN?s attention has been drawn to various media reports containing allegations of improper repatriation of money out of Nigeria by MTN Nigeria Communications Ltd. (?MTNN?). The reports refer to allegations made on the floor of the Senate that MTNN had illegally repatriated USD13.92 billion out of Nigeria over a period of 10 years in collusion with a number of commercial banks.
06-Sep-2016
(Official Notice)
22-Aug-2016
(Official Notice)
05-Aug-2016
(C)
04-Aug-2016
(Official Notice)
MTN is currently in the process of finalising its financial results for the six months ended 30 June 2016 (?HY2016?) which will be announced on the Johannesburg Stock Exchange News Service on Friday, 5 August 2016.



Following the trading statement published on 19 July 2016, shareholders are further advised that MTN expects to report for HY2016 a basic headline loss per share of between 285 cents and 255 cents and a basic loss per share of between 315 cents and 285 cents. In the prior year comparable period MTN reported headline earnings per share of 654 cents and earnings per share of 653 cents.
28-Jul-2016
(Official Notice)
On 10 June 2016, MTN Nigeria announced that, as part of a settlement arrangement with the Federal Government of Nigeria, it would undertake to take immediate steps to ensure the listing of its shares on The Nigerian Stock Exchange (The NSE) as soon as commercially and legally possible.



MTN Nigeria is pleased to announce that its Board of Directors has resolved to proceed with preparations for a listing of MTN Nigeria on The NSE as soon as commercially and legally possible and has established a management task team with the responsibility to guide the company towards a listing. At present, MTN Nigeria is targeting that the listing takes place during 2017, subject to suitable market conditions.



MTN Nigeria is further pleased to announce that it has appointed Stanbic IBTC Capital Ltd. (together with its affiliates, The Standard Bank of South Africa Ltd. and Standard Advisory London Ltd.) (collectively "Stanbic") and Citigroup Global Markets Ltd. ("Citi") as its Joint Transaction Advisors and Joint Global Coordinators with Stanbic acting as Lead Issuing House. A full syndicate including Nigerian receiving agents, Nigerian receiving banks and other advisers would be appointed in due course, as appropriate.



The proposed listing would be subject to suitable market circumstances and conditions and the appropriate approvals from relevant regulators and other stakeholders. This press release does not constitute an announcement of an intention to float MTN Nigeria. MTN Nigeria will make further announcements at appropriate intervals on progress in this regard.
19-Jul-2016
(Official Notice)
MTN is currently in the process of finalising its financial results for the six months ended 30 June 2016 (?HY2016?) which will be announced on the Johannesburg Stock Exchange News Service on Friday, 5 August 2016.



Shareholders are therefore advised that MTN expects to report negative basic headline earnings per share (HEPS) and basic earnings per share (EPS) for HY2016. In the prior year comparable period MTN reported HEPS of 654 cents and EPS of 653 cents.



The expected decline in the HEPS and EPS is primarily as a result of the Regulatory fine imposed on MTN Nigeria (?the Nigerian regulatory fine?) following a resolution with the Federal Government of Nigeria on 10 June 2016. The Nigerian regulatory fine is expected to have an estimated negative impact of 474 cents on HEPS and EPS, respectively.



Foreign exchange losses in a number of operations, losses from joint ventures and associates and hyperinflation adjustments on MTN Irancell are also expected to have a negative impact on HEPS and EPS for HY2016.



HY2016 results are further expected to be negatively impacted by the under-performance of MTN Nigeria and MTN South Africa. MTN Nigeria?s performance was impacted by the disconnection of 4,5 million subscribers in February 2016, the final batch of subscribers to be disconnected in compliance with the Nigerian Communications Commission subscriber registration requirements. The withdrawal of regulatory services which was re-instated on 15 March 2016 with approval for promotions and price plans granted in early May 2016 also negatively impacted MTN Nigeria?s performance. MTN South Africa is expected to report a decline in the Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) margin, impacted by the marked increase in handsets sold during HY2016.



A further trading statement will be issued once the company obtains a reasonable degree of certainty as to the likely range within which the HEPS and EPS are expected to be finalised.



The financial information on which this trading statement is based has neither been reviewed nor reported on by MTN`s external auditors.

08-Jul-2016
(Official Notice)
Further to the announcement about the appointment of a new Vice President for Strategy, Mergers - Acquisitions on Monday, 4 July 2016, MTN confirmed the appointment of Kholekile Ndamase as Deputy Head of Mergers and Acquisitions, with effect from 10 September 2016.
04-Jul-2016
(Official Notice)
Pursuant to the MTN announcement of 10 June 2016 and with a view to ensuring that the Group is well and appropriately capacitated to take advantage of opportunities presented by a rapidly changing sector, MTN is pleased to announce the appointment of Stephen van Coller as Vice President of Strategy and Mergers - Acquisitions effective 1 October 2016. Stephen will be the 4th Vice President of the Group, the other three having responsibility for the geographic operating regions of MTN. We expect to announce a Deputy Head of Mergers - Acquisitions shortly.



Brett Goschen, the Group CFO, will be leaving MTN effective 30 September 2016 to pursue other interests. Consequently, he will be resigning from the MTN Group board of directors (?the Board?) as an executive director on the same day.



Gunter Engling will assume the position of Acting Group CFO on Brett's departure until a permanent CFO is appointed. Gunter is a chartered accountant who is currently CEO of MTN Rwanda.



MTN is confident that the process of reviewing its capacity, resources, governance and management structures will be substantially completed by year end and will leave the Group well positioned to successfully face a highly competitive environment and take advantage of new opportunities.
20-Jun-2016
(Official Notice)
14-Jun-2016
(Official Notice)
Shareholders are advised that information presented at an investor meeting held with the MTN Nigeria management team is accessible on the company website www.mtn.com . The presentation is based on previously disclosed financial information.



10-Jun-2016
(Official Notice)
Further to the various announcements to shareholders regarding this matter, MTN is pleased to inform shareholders that the matter has been resolved with the Federal Government of Nigeria (FGN) on the following terms: MTN Nigeria has agreed to pay a total cash amount of Naira 330 billion over three years (the equivalent of USD1.671 billion at the official exchange rate and USD902 million at the Lagos Parallel Market Rate) to the FGN in full and final settlement of the matter payable as set out hereunder.



The Naira 50 billion paid in good faith and without prejudice by MTN Nigeria on 24 February 2016 forms part of the monetary component of the settlement leaving a balance of Naira 280 billion outstanding which will be discharged as follows:

* Naira 30 billion on 8 July 2016

* Naira 30 billion on 31 March 2017

* Naira 55 billion on 31 March 2018 *

Naira 55 billion on 31 December 2018

* Naira 55 billion on 31 March 2019

* Naira 55 billion on 31 May 2019



In addition to the monetary settlement set out above:-

- MTN Nigeria subscribes to the voluntary observance of the Code of Corporate Governance for the Telecommunications Industry and will ensure compulsory compliance when the said Code is made mandatory for the Telecommunications Industry.

- MTN Nigeria undertakes to take immediate steps to ensure the listing of its shares on the Nigerian Stock Exchange as soon as commercially and legally possible after the date of execution of the settlement agreement;

- MTN Nigeria shall always ensure full compliance with its license terms and conditions as issued by Nigerian Communication Commission (?NCC?).



Accordingly, shareholders are advised that they are no longer required to exercise caution when dealing in the Company?s securities.
26-May-2016
(Official Notice)
Shareholders of MTN are advised that at the twenty first annual general meeting held on Wednesday, 25 May 2016 at 14:30 (South African time) (?Annual General Meeting?), all the ordinary and special resolutions, as set out in the notice of Annual General Meeting dated 25 April 2016, were passed by the requisite majority of votes of shareholders present in person or represented by proxy. The total number of shares present/represented, including proxies, at the meeting was 1 507 376 915 or 82.68% of MTN?s issued share capital as at Friday, 20 May 2016, being the Voting Record Date.
28-Apr-2016
(Official Notice)
Further to the renewal of the cautionary announcement dated 11 March 2016, shareholders are advised that MTN Nigeria continues to engage with the Nigerian authorities in order to try and ensure a mutually acceptable resolution to the fine imposed on MTN Nigeria.



Accordingly, shareholders are advised to continue exercising caution when dealing in the company?s securities until a further announcement is made.
25-Apr-2016
(Official Notice)
MTN shareholders are advised that the audited annual financial statements of the MTN Group contained in the MTN Annual Report 2015 contain no material changes to the audited financial results of the MTN Group for the year ended 31 December 2015 which was released on the Stock Exchange News Service of the JSE Ltd. on Wednesday, 2 March 2016.



The summarised annual financial statements of the MTN Group for the year ended 31 December 2015, which includes a notice of the company?s 21st Annual General Meeting (?AGM?) together with a form of proxy, has been distributed to MTN shareholders on Monday, 25 April 2016.



Annual General Meeting

The AGM will be held on Wednesday, 25 May 2016 at 14:30 (South African time), in the Auditorium, Phase II, level 0, 216 ? 14th Avenue, Fairland, Gauteng, to consider and, if deemed fit to pass, with or without modification, the ordinary and special resolutions set out in the notice of the AGM and to deal with such other business as may lawfully be dealt with at the AGM.



Salient dates

The record date by when persons must be recorded as shareholders in the securities register of the company in order to be entitled to receive the notice of AGM was Friday, 15 April 2016.



The record date in order to be recorded as a shareholder in the securities register of the company to be entitled to participate in and vote at the AGM is Friday, 20 May 2016. Therefore the last day to trade to be recorded in the securities register of the company as a shareholder on the aforementioned record date is Friday, 13 May 2016.



Proxies

Forms of proxy for the AGM to be lodged preferably by 14:30 (South African time) on Monday, 23 May 2016.



Any forms of proxy not lodged by this time may be lodged on or before 14:30 (South African time) on Wednesday, 25 May 2016.



Availability of the integrated report, AFS and notice of AGM

The integrated report incorporating the annual financial statements and notice convening the AGM are available separately on the company?s website: https://www.mtn.com/Investors/Financials/Pages/integratedreports.aspx
21-Apr-2016
(Official Notice)
11-Apr-2016
(Official Notice)
Shareholders are advised that Messrs. MJN Njeke and JHN Strydom, who have each served on the board of directors of MTN Group (?Board?) as independent non-executive directors for an aggregate period in excess of nine years, retire at the forthcoming Annual General Meeting (?AGM?) to be held on Wednesday, 25 May 2016 and while being eligible, have notified the company that they will not avail themselves for re ? election.



The directors will therefore retire at the end of the AGM and will cease to be directors of the company.



15-Mar-2016
(Official Notice)
MTN refers to the SENS announcement dated 3 March 2016 where it was noted that regulatory services to MTN Nigeria had been suspended by the Nigeria Communications Commission (NCC) in October 2015. Shareholders are advised that the NCC has lifted the suspension on regulatory services to MTN Nigeria effective immediately. This restoration of regulatory services will enable MTN Nigeria to pursue the necessary approvals, in accordance with the NCC regulatory process, for new tariff plans and promotions as well as other regulatory matters.







11-Mar-2016
(Official Notice)
Shareholders were advised on 3 March 2016 that MTN Nigeria continues to engage with the Nigerian authorities in an attempt to ensure an amicable resolution to this matter in the interests of MTN Nigeria, its stakeholders and the Nigerian authorities.



MTN is aware of the various reports which appeared in the press yesterday regarding the fine. MTN has previously advised shareholders not to make decisions based on press reports and MTN again urges its shareholders to refrain from doing so.



Shareholders are therefore advised to continue to exercise caution when dealing in the company?s securities until a further SENS announcement is made by MTN.



03-Mar-2016
(C)
24-Feb-2016
(Official Notice)
Shareholders were advised on 22 January 2016 that the above-mentioned matter came up for hearing before the Federal High Court in Lagos, Nigeria when the judge adjourned the matter to 18 March 2016 in order to enable the parties to try and settle the matter.



Pursuant to the ongoing engagement with the Nigerian Authorities, MTN Nigeria has today made an agreed without prejudice good faith payment of 50 Billion Naira (USD250 million) to the Federal Government of Nigeria on the basis that this will be applied towards a settlement, where one is eventually, hopefully arrived at. In an effort to achieve an amicable settlement, MTN has agreed to withdraw the matter from the Federal High Court in Lagos.



Phuthuma Nhleko in his capacity as Executive Chairman of MTN Group and a director of MTN Nigeria is continuing to lead the team engaging the Nigerian Authorities with a view to settling the matter. Shareholders are therefore advised to continue to exercise caution when dealing in the Company?s securities until a further announcement is made.

18-Feb-2016
(Official Notice)
MTN is currently in the process of finalising its financial results for the year ended 31 December 2015 (?the financial results?) which will be announced on the JSE Limited Stock Exchange News Service on Thursday, 3 March 2016.



Given the ongoing discussions taking place with the Nigerian authorities, there remains some uncertainty as to the final quantum of the Nigerian fine, should an out of court settlement be reached. Notwithstanding the uncertainty of the outcome of the various engagements relating to the fine, shareholders are advised that, excluding the fine, the company is expecting to report a decrease of at least 20% in basic headline earnings per share (?HEPS?), which equates to a reduction of at least 307 cents for the year ended 31 December 2015 when compared with the previously reported HEPS (FY2014) of 1 536 cents. The negative earnings performance has been impacted by a number of factors with the operational underperformance in Nigeria, resulting from the subscriber disconnections and the withholding of regulatory services, being a key contributor to this.



Shareholders are advised that a further trading statement will be issued as soon as there is a reasonable degree of certainty as to the likely range within which the company?s HEPS is expected to decrease.



The financial information on which this trading statement is based has neither been reviewed nor reported on by MTN`s external auditors. The information provided in this announcement does not contain and should not be construed as containing any forward-looking statements or projections of any nature whatsoever for the period ended 31 December 2015.





22-Jan-2016
(Official Notice)
The above-mentioned matter came up for hearing before the Federal High Court in Lagos, Nigeria this morning, Friday, 22 January 2016. The judge adjourned the matter to 18 March 2016 in order to enable the parties to try and settle the matter. If the parties are unable to reach a settlement the matter will then proceed on that date.
19-Jan-2016
(Official Notice)
Shareholders are referred to the press article which appeared on Monday, 18 January 2016 in This Day a Nigerian publication ( the Press Article) which contains purported financial results of MTN Nigeria for the period ended 31 December 2015.



Shareholders are informed that the Company is in the process of completing its audit and its financial results are yet to be finalised. Shareholders are further informed that the profit after tax figure for MTN Nigeria for the period ended 31 December 2015 being quoted in the Press Article, is Naira 190 billion which is within the current estimate but is subject to finalisation and audit sign off.



Shareholders should specifically exercise caution when reacting to information which has not been released by the Company. Shareholders are therefore advised to exercise caution when dealing in the Company?s securities until a further announcement is made.
31-Dec-2015
(Official Notice)
Shareholders are advised that Mr Fani Titi (South African) has resigned as a Non-Executive Director on the Board of MTN Group (?the Board?), with effect from 31 December 2015.
17-Dec-2015
(Official Notice)
Further to the SENS announcement issued by the company on 4 December 2015, shareholders are advised that all factors having a bearing on the matter have been thoroughly and carefully considered including a review of the circumstances leading to the fine and the subsequent letters received from the Nigerian Communications Commission (NCC).



MTN Nigeria acting on legal advice has resolved that the manner of the imposition of the fine and the quantum thereof is not in accordance with the NCC?s powers under the Nigerian Communications Act and therefore there are valid grounds upon which to challenge the fine.



Accordingly MTN has followed due process and has instructed its lawyers to proceed with an action in the Federal High Court in Lagos seeking the appropriate reliefs. MTN is advised that in the current circumstances in line with the lis pendens rule (pending legal action) the parties are enjoined to restrain from taking further action until the matter is finally determined. This is consistent with previous judicial decisions in Nigeria.



Notwithstanding this action the company will continue to engage with the Nigerian Authorities to try and ensure an amicable resolution in the best interests of the company, its stakeholders and the Nigerian Authorities.



Shareholders are therefore advised to continue to exercise caution when dealing in the company?s securities until a further announcement is made.





17-Dec-2015
(Official Notice)
Shareholders are advised that Scancom Limited (?MTN Ghana?) was declared a winner in the auction process of a 15 year 4G/LTE licence in the 800 MHz spectrum band for a purchase consideration of US$67.5 million. The National Communications Authority of Ghana will award the licence and spectrum to MTN Ghana once the licence fee has been paid.



The award of this licence will enable MTN Ghana to launch 4G/LTE services to support the increasing demand of data services and improve customers? data usage experience. MTN Ghana surpassed 15 million subscribers at the end of the third quarter of 2015. Data revenue increased 78,6% year-on-year for the nine months period ended 30 September 2015 and contributed 28,7% to total revenue. For the same period the operation had approximately 3 million smartphones on its network. Previously, MTN Ghana was only able to provide 2G and 3G services (voice and data) to its customers using 900Mhz, 1800Mhz and 2100Mhz spectrum which cannot be extended for 4G/LTE technology due to licence restrictions.



As part of the eligibility criteria of the licence and spectrum, MTN Ghana is required to have a minimum of 35% Ghanaian ownership in place within 13 months from the effective date of the licence. As a group which owes its founding and growth to the emerging world, MTN is committed to the growth of local economies and development of communities where it operates. Consequently, MTN is exploring various options to comply with the eligibility criteria.

04-Dec-2015
(Official Notice)
On 3 December 2015 shareholders were informed that MTN had received a formal letter dated 2 December 2015 from the NCC (the First Letter) informing the Company that, after considering the Company?s request, it had taken the decision to reduce the fine imposed on the MTN Nigerian business from the original NGN1 040 000 000 000 (One Trillion, Forty Billion Naira) (the Original Fine) to NGN674 Billion, which had to be paid by 31 December 2015. The fine relates to the late disconnecting of 5.1 million MTN Nigerian subscribers in August and September 2015. This was a reduction of 35% of the Original Fine.



Late on 3 December 2015, the day after receipt of the First Letter, the Company received a further letter from the NCC dated 3 December 2015 (the Second Letter). The Second Letter, which was stated to supersede the First Letter, informed the Company that the fine had actually been reduced by 25% to NGN780 Billion and not by 35% to NGN674 Billion, as was stated in the First Letter. The payment date remained 31 December 2015. Neither the First Letter nor the Second Letter sets out any details on how the reduction was determined.



The Company is carefully considering both the First Letter and the Second Letter, and the Executive Chairman Phuthuma Nhleko will immediately and urgently re-engage with the Nigerian Authorities before responding formally, as it is essential for the Company to follow due process to ensure the best outcome for the Company, its stakeholders and the Nigerian Authorities, and accordingly all factors having a bearing on the situation will be thoroughly and carefully considered before the Company arrives at a final decision. Shareholders are therefore advised to continue to exercise caution when dealing in the Company?s securities until a further announcement is made.
03-Dec-2015
(Official Notice)
Shareholders are referred to the announcements issued by the Company on the JSE Ltd.?s Stock Exchange News Service (?SENS?) since 26 October 2015.



MTN advises shareholders that it has reviewed its operating structure with a view to strengthening operational oversight, leadership, governance and regulatory compliance across its 22 country operations in Africa and the Middle East. To this end, MTN has resolved to re-implement its previous reporting structure. This will see MTN Group restructured into three regions ? namely West and Central Africa (?WECA?), South and East Africa (?SEA?), and Middle East and North Africa (?MENA?). MTN has also made a number of senior appointments to support this structure.



Effective 1 December 2015 Jyoti Desai assumed the new position of Group Chief Operating Officer (?COO?). Based in Johannesburg, she reports to the Executive Chairman, Phuthuma Nhleko.



Two regional Vice Presidents (?VP?) have been appointed, also reporting to the Executive Chairman. The VP for WECA is Karl Toriola, with Ismail Jaroudi the VP for MENA. The VP for SEA will be announced soon.



MTN Nigeria?s CEO Michael Ikpoki and the head of Regulatory and Corporate Affairs Akinwale Goodluck have tendered their resignations with immediate effect. They are replaced by Ferdi Moolman as MTN Nigeria CEO and Amina Oyagbola as its head of Regulatory and Corporate Affairs. Mr Moolman was previously COO at MTN Irancell and most recently CFO at MTN Nigeria. A Nigerian national, Ms Oyagbola also retains the position of MTN Nigeria?s Head of Human Resources. She formerly headed regulatory affairs at the Nigerian operating company.



The search for the MTN Group CEO is underway and remains a priority.



With the financial year closing on 31 December 2015, the MTN Group will report its FY2015 results in line with the former structure ? namely for MTN Nigeria, MTN South Africa, Large Operating Companies and Small Operating Companies.
03-Dec-2015
(Official Notice)
MTN has received a formal letter dated 2 December 2015 from the NCC informing the Company that, after considering the Company?s request, it has taken the decision to reduce the fine on the MTN Nigerian business from the original NGN1 040 000 000 000 (One Trillion, Forty billion Naira) to NGN674 billion which has to be paid by 31 December 2015. The fine relates to the late disconnecting of 5.1 million MTN Nigerian subscribers in August and September 2015.



The Company is carefully considering the NCC?s reply, however the Executive Chairman Phuthuma Nhleko will immediately and urgently re-engage with the Nigerian Authorities before responding formally, as it is essential for the Company to follow due process to ensure the best outcome for the Company, its stakeholders and the Nigerian Authorities and accordingly all factors having a bearing on the situation will be thoroughly and carefully considered before the Company arrives at a final decision.



Shareholders are therefore advised to continue to exercise caution when dealing in the Company?s securities until a further announcement is made.
16-Nov-2015
(Official Notice)
Shareholders are referred to the announcements issued by the Company on the SENS of the JSE Limited on 26 October 2015, 30 October 2015, 2 November 2015, 3 November 2015 and 9 November 2015, respectively. Shareholders were advised in previous SENS announcements that the Company would update shareholders on all material developments on this matter.



Shareholders are advised that the Executive Chairman of the Company, Mr Phuthuma Nhleko, has personally met with the Nigerian authorities to continue the ongoing discussions with them regarding the fine of N200,000 for each unregistered subscriber (?the fine?), the equivalent of US$5.2 billion imposed on MTN Nigeria by the Nigerian Communications Commission ("NCC"). These discussions include matters of non- compliance and the remedial measures that may have to be adopted to address this.



Although the Nigerian Communications Commission (?NCC?) set a deadline for payment of the fine by Monday, 16 November 2015, shareholders are advised that the Nigerian authorities have, without prejudice, agreed that the imposed fine will not be payable until the negotiations have been concluded. MTN is committed to resolving the matter together with the NCC as soon as possible and will continue to update stakeholders of any material developments regarding the afore-mentioned fine via SENS. Accordingly, shareholders are advised to continue to exercise caution when dealing in the Company?s securities until a further announcement is made.

09-Nov-2015
(Official Notice)
MTN appoints Phuthuma Nhleko as Executive Chairman in a temporary capacity as Sifiso Dabengwa resigns as CEO MTN wishes to inform the market that MTN?s Chief Executive Officer, Mr Sifiso Dabengwa has resigned.



Phuthuma Nhleko, the current Non-executive Chairman has agreed to act as Executive Chairman for a maximum period of 6 months while the Company identifies a successor for Mr Dabengwa. Phuthuma Nhleko is no stranger to the business as he served as Non-executive Director and Chairman of MTN from July 2001 until June 2002 and thereafter as an executive director, Group President and CEO until March 2011. He has subsequently chaired the Group in a Non- executive capacity for the past two and a half years (29 May 2013).



To ensure compliance with King III, Mr. Alan van Biljon will continue to serve as the Lead Independent Director on the MTN board of directors (?MTN Board?) whilst Mr. Nhleko takes over executive responsibility.



Stakeholders are reminded that MTN will continue to inform them of any material engagements with the Nigerian authorities via the Stock Exchange News Service of the JSE Ltd. (SENS).



Shareholders are advised to continue to exercise caution when dealing in the Company?s securities until a further announcement is made.
09-Nov-2015
(Official Notice)
Shareholders are advised that the Chief Executive Officer of the Company Mr Sifiso Dabengwa has resigned with immediate effect. The Non-executive Chairman of the Company Mr Phuthuma Nhleko has agreed to act as Executive Chairman for a maximum period of 6 months while the Company identifies a successor for Mr Dabengwa. Shareholders are reminded that Mr Alan van Biljon currently serves as the Lead Independent Director.



The engagement with the Nigerian authorities on the Nigerian Communications Commission fine is continuing and shareholders will be advised as soon as there are any material developments on this matter.



Shareholders are advised to continue to exercise caution when dealing in the Company?s securities until a further announcement is made.
04-Nov-2015
(Official Notice)
Further to the Stock Exchange News Service (?SENS?) announcement issued on 03 November 2015 by MTN Group (?the Group?) regarding the above subject, MTNH wishes to advise noteholders as follows:



MTN Group has clarified and placed on record that it continues to engage constructively with Nigerian authorities at all levels.



The Group has noted, with concern, however, the speculation and false information in the media. MTN Group particularly cautioned against reports purporting that it has agreed a resolution with the NCC on the fine. The Group advised that these reports are false as no resolution has yet been reached. MTN Group continues to engage the authorities in Nigeria on this matter.



To this end, all stakeholders of the Group are reminded that MTN Group and the company will inform them of any material developments in our engagements with Nigerian authorities via SENS. Noteholders are also asked to exercise caution when reacting to information that has not been released by MTN Group or by the company.



It is also important to note that MTN Group has operated in Nigeria for over a decade. In this time, and as in the other markets where MTN Group has a presence, it has conducted its business in accordance with established principles related to sound corporate governance.



As a group which owes its founding and growth to the emerging world, MTN Group is conscious of its responsibility to invest in the growth of local economies and development of communities wherever it operates. Nigeria is no different. Since launching more than a decade ago, MTN Group has made significant investments in connecting customers to its network and takes its responsibilities and obligations very seriously.



In conducting its business, MTN Group is always mindful that its growth has not only been due to the success of its commercial propositions. MTN Group therefore remains committed to maintaining solid partnerships with regulators, governments, communities and our markets, including in Nigeria, to build a sustainable industry that contributes to the growth of local economies.



Noteholders are therefore advised to continue to exercise caution when dealing in the company?s securities until a further announcement is made.
03-Nov-2015
(Official Notice)
MTN statement on the Nigeria Communications Commission (NCC) fine and related issues and further cautionary announcement MTN wishes to clarify and place on record that the company continues to engage constructively with Nigerian authorities at all levels. However, the company has noted, with concern, the speculation and false information in the media. MTN particularly cautions against reports purporting that the company has agreed a resolution with the NCC on the fine. It is false as no resolution has yet been reached. MTN continues to engage the authorities in Nigeria on this matter.



To this end, all stakeholders are reminded that MTN will inform them of any material developments in our engagements with Nigerian authorities via the Stock Exchange News Service of the JSE Ltd. (SENS). Shareholders have also been asked to exercise caution when reacting to information that has not been released by the company. It is also important to note that MTN has operated in Nigeria for over a decade. In this time, and as in the other markets where we have a presence, MTN has conducted its business in accordance with established principles related to sound corporate governance.



As a company which owes its founding and growth to the emerging world, we are conscious of our responsibility to invest in the growth of local economies and development of communities wherever we operate. Nigeria is no different. Since launching more than a decade ago, we have made significant investments in connecting customers to our network. We take these responsibilities and obligations very seriously.



In conducting our business, MTN is always mindful that our growth has not only been due to the success of our commercial propositions. We therefore remain committed to maintaining solid partnerships with regulators, governments, communities and our markets, including in Nigeria, to build a sustainable industry that contributes to the growth of local economies.



Shareholders are therefore advised to continue to exercise caution when dealing in the Company?s securities until a further announcement is made.

03-Nov-2015
(Official Notice)
Further to the announcement released on the Stock Exchange News Service of the JSE Ltd. ("JSE") on 28 October 2015, MTN Zakhele shareholders are advised that the listing of MTN Zakhele's ordinary shares ("MTN Zakhele Shares") as Asset Backed Securities on the BEE Segment of the main board of the JSE under the full name "MTN Zakhele (RF) Ltd." with the abbreviated name of "Zakhele" (JSE alpha code of "MTNZBE" and ISIN Code of ZAE000208526), will proceed on 5 November 2015.



Furthermore, MTN Zakhele shareholders are referred to the cautionary announcement released by MTN Group Ltd. ("MTN") on 2 November 2015 and, as MTN Zakhele?s only material asset consists of shares in MTN, MTN Zakhele shareholders should consider the cautionary announcement, as well as subsequent announcements released by MTN relating thereto, when trading in MTN Zakhele Shares.

03-Nov-2015
(Official Notice)
The Nigerian communications commission (NCC) has approved the renewal, and consequent extension of the tenure of MTN?s operating spectrum in the 900MHz and 1800MHz frequency bands. With this renewal and extension, MTN?s operating spectrum which was issued along with the Digital Mobile License (DML) in 2001 (with an original expiry date of February 2016), has now been extended to 31 August 2021. The license extension notification was contained in a letter dated 2 November 2015.



The sum of USD94,225,152.75 (ninety four million, two hundred and twenty five thousand, one hundred and fifty two dollars, seventy five cents) is payable as a spectrum fee for the 5- year extension period by no later than 31 December 2015 and conditional upon MTN fulfilling all its regulatory obligations.



In February 2001, the NCC issued DML?s to three mobile operators. The licenses were bundled with spectrum in the 900MHz and 1800MHz frequency bands. Amongst other authorisations, MTN also holds a unified access license and a 3G spectrum license through which it provides a full bouquet of digital services to its customers throughout Nigeria.
02-Nov-2015
(Official Notice)
Please refer to the JSE SENS announcement released 11h23. After the company?s announcement released on SENS at 13h33, trading in the company?s shares will resume with a ten minute re-opening auction at 13h40.





02-Nov-2015
(Official Notice)
Further to the SENS announcement the company issued on 30 October 2015 where shareholders were advised of the current status of the matter and to exercise caution when trading in the company?s shares, shareholders are further advised as follows: As per our SENS announcement, the company reiterates that engagements with the Nigerian authorities are continuing and any material developments in these engagements will be communicated to shareholders through SENS. Shareholders should specifically exercise caution when reacting to information on this matter which has not been released by the company. Shareholders are therefore advised to continue to exercise caution when dealing in the company?s securities until a further announcement is made.
02-Nov-2015
(Official Notice)
The JSE has halted trading in MTN Group shares pending an announcement from the company.
30-Oct-2015
(Official Notice)
In terms of section 4.25 of the JSE Debt Listing Requirements, notice is hereby given that:



S-P on 29 October 2015 downgraded by one notch MTN?s long-term corporate credit rating to BBB- with a negative credit watch from BBB. Additionally, the South Africa national scale ratings were reduced to zaAA- from zaAA+.



Moody?s on 29 October revised the outlook on MTN?s Baa2 rating to negative from stable. In addition, MTN's Baa2 global issuer rating, the A1.za national scale issuer rating and the Baa2 rating on the senior unsecured notes issued by MTN (Mauritius) Investments Limited, were affirmed.
30-Oct-2015
(Official Notice)
Further to the SENS announcements released by MTN Group Ltd. (?the Group?) on 26 October 2015 and 30 October 2015 relating to this matter shareholders are advised that the Group CEO is engaging with the Nigerian authorities on the regulatory aspects of this matter.



In addition senior management of the company and its advisors are currently engaging with the JSE Ltd. on the timing of the aforementioned SENS announcement. The company will update shareholders through SENS on these engagements as soon as possible.



Shareholders are therefore advised to exercise caution when dealing in the company?s securities until a further announcement is made.
30-Oct-2015
(Official Notice)
Further to the SENS announcement which the Company issued on 26 October 2015 relating to this matter shareholders are advised that the Group CEO is engaging with the Nigerian authorities on the regulatory aspects of this matter. In addition senior management of the Company and its advisors are currently engaging with the JSE Ltd. on the timing of the aforementioned SENS announcement. The Company will update shareholders through SENS on these engagements as soon as possible. Shareholders are therefore advised to exercise caution when dealing in the Company's securities until a further announcement is made.
26-Oct-2015
(Official Notice)
MTN 201510260032A

The Nigerian Communications Commission (NCC) imposes fine on MTN Nigeria



MTN Group Limited



(Incorporated in the Republic of South Africa)



Registration number: 1994/009584/06



ISIN: ZAE000042164



Share code: MTN



(?MTN?)



The Nigerian Communications Commission (NCC) imposes fine on MTN Nigeria



Shareholders are advised that the NCC has imposed a fine equivalent to US$5.2 billion on MTN Nigeria.

This fine relates to the timing of the disconnection of 5.1 million MTN Nigeria subscribers who were

disconnected in August and September 2015 and is based on a fine of N200, 000 for each unregistered

subscriber. MTN Nigeria is currently in discussions with the NCC to resolve the matter in recognition of

the circumstances that prevailed with regard to these subscribers.



We will continue to update shareholders in this regard.



Fairland



26 October 2015



Sponsor



Deutsche Securities (SA) Propriety Limited



Date: 26/10/2015 02:24:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').

The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of

the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,

indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,

information disseminated through SENS.
26-Oct-2015
(Official Notice)
The Nigerian Communications Commission (NCC) imposes fine on MTN Nigeria



Shareholders are advised that the NCC has imposed a fine equivalent to USD5.2 billion on MTN Nigeria. This fine relates to the timing of the disconnection of 5.1 million MTN Nigeria subscribers who were disconnected in August and September 2015 and is based on a fine of N200, 000 for each unregistered subscriber. MTN Nigeria is currently in discussions with the NCC to resolve the matter in recognition of the circumstances that prevailed with regard to these subscribers.



We will continue to update shareholders in this regard.
22-Oct-2015
(Official Notice)
05-Aug-2015
(C)
Revenue for the six months ended 30 June 2015 decreased to R69.3 billion (2014: R72.8 billion). EBITDA fell to R30.7 billion (2014: R33.8 billion), operating profit declined to R19.9 billion (2014: R22.9 billion), while profit attributable to owners of MTN was lower at R11.9 billion (2014: R13.4 billion). Furthermore, headline earnings per came in at 654cps (2014: 729cps).



Declaration of interim ordinary dividend

Notice is hereby given that a gross interim dividend of 480 cents per share for the period to 30 June 2015 has been declared payable to MTN shareholders.



Prospects

As we move into the second half of the year there will be an increased focus on building staff engagement and improving customer service in the South African operation. The operation will also accelerate its capex plans to support medium term growth prospects, particularly in the data area. Corrective measures have been implemented to improve handset sales.



MTN expects the balance of the year to remain challenging for MTN Nigeria. Notwithstanding tough operating conditions, there will be a strong focus on active subscriber management and providing more competitive voice and data offerings to high value customers. MTN expects the large and small opco clusters to maintain the growth trajectory of the past six months.



MTN will continue to increase data revenue by encouraging uptake through increased smartphone penetration and new pricing strategies. The company will also continue to create a distinct customer experience through investing in our networks to support data growth and improving value and segmentation offers.



The continued rollout of MTN Mobile Money and broader financial services remains a priority as well as developing our digital offering with our partner Rocket Internet AG through the investment in Africa Internet Holdings GmbH (AIH) and Middle East Internet Holdings S.A.R.L (MEIH). MTN will drive the strategy of becoming the ICT partner of choice and continue to transform our operating model through cost optimisation, operational efficiencies and commercialising our tower infrastructure.



The company will continue to create shareholder value through progressive dividend policy of growing dividends between 5% and 15% a year.
28-Jul-2015
(Official Notice)
MTN is currently in the process of finalising its financial results for the six-month period ended 30 June 2015. These results will be announced on Wednesday 5 August 2015. Issuers may publish a voluntary trading statement if the expected differences are less than 20% but which are viewed by the issuer as being important enough to be made the subject of a trading statement.



Shareholders are therefore advised that MTN expects a decrease of between 10% and 15% (equating to a range of between 656 cents and 620 cents) in basic headline earnings per share ("HEPS") and a decrease of between 10% and 15% (equating to a range of between 658 cents and 621 cents) in attributable earnings per share (?EPS?) for the period ended 30 June 2015 when compared with the previously reported HEPS and EPS of 729 cents and 731 cents per share, respectively, for the period ended 30 June 2014.



Adverse exchange rate (and cross rate) movements impacted both the rate at which revenues and EBITDA were translated as well as resulting in increased forex losses when compared to the prior comparable period.



This trading statement has neither been reviewed nor reported on by MTN`s external auditors. The information provided in this announcement does not contain and should not be construed as containing any forward-looking statements or projections of any nature whatsoever for the period ended 30 June 2015.
29-Jun-2015
(Official Notice)
In compliance with paragraph 3.59 of the JSE Listings Requirements, the following information is disclosed:



MTN announced the appointment of Dr Shaygan Kheradpir (54) as an Independent Non-Executive Director to the Board of Directors of MTN Group (?Board of Directors?), with effect from 8 July 2015.



Shaygan is a business and technology executive based in the United States of America. He holds a Bachelors, Masters and Doctorate degrees in Electrical Engineering from Cornell University College of Engineering.



Shaygan started his career at GTE, which later became Verizon Communications through its merger with Bell Atlantic. At Verizon he served for more than a decade in key executive roles, most notably as the Executive Vice President and Chief Information Officer leading initiatives for systems modernization, efficiency, and innovation such as FiOS (fiber optic cloud-based TV, data and voice) -- a USD23 billion dollar project and one of largest of its kind in the United States.



In 2011, Shaygan joined Barclays Bank PLC in the United Kingdom and served as the Group Chief Operations - Technology Officer on its Executive Committee, leading the operations - technology transformation agenda for the bank, including pioneering innovations such as the Pingit mobile-money transfer platform. Following Barclays, Shaygan served as the Chief Executive Officer of Juniper Networks focusing the company on the growth vectors of the industry -- Cloud-Builder and High-IQ Networking. Shaygan currently serves in Executive Advisory capacity focusing on networking and technology investments, and their operations.



His leadership roles outside the executive environment have included serving on the United States National Institute of Standards and Technology (NIST) ? Visiting Committee on Advanced Technology from 2010 to 2013. From 2007 to 2010, Shaygan served on the Advisory Board of the YMCA of Greater New York. He is a member of Cornell University Council of Engineering and owns multiple patents spanning telecom, media and payments.



The Chairman and the Board of Directors welcome Shaygan and wish him all the best in his new role as an independent non-executive director.
29-May-2015
(Official Notice)
Shareholders of MTN are advised that at the twentieth annual general meeting held on Wednesday, 27 May 2015 at 14:30 (South African time) (?Annual General Meeting?), all the ordinary and special resolutions, as set out in the notice of Annual General Meeting dated 10 April 2015, were passed by the requisite majority of votes of shareholders present in person or represented by proxy.
27-May-2015
(Official Notice)
23-Apr-2015
(Official Notice)
20-Apr-2015
(Official Notice)
Shareholders are advised that the Company?s integrated report for the year ended 31 December 2014 which was issued to shareholders on 30 March 2015 did not include the notice of annual general meeting (?Notice of AGM?). The Notice of AGM will be distributed to shareholders on Tuesday, 21 April 2015.



Annual General Meeting

The twentieth annual general meeting ("AGM") of shareholders of MTN will be held on Wednesday, 27 May 2015 at 14:30 (South African time), in the Auditorium, Phase II, level 0, 216 ? 14th Avenue, Fairland, Gauteng, to consider and, if deemed fit to pass, with or without modification, the ordinary and special resolutions set out in the notice of the AGM and to deal with such other business as may lawfully be dealt with at the AGM.



Salient dates

The record date by when persons must be recorded as shareholders in the securities register of the Company in order to be entitled to receive the notice of AGM was Friday, 10 April 2015. The record date in order to be recorded as a shareholder in the securities register of the Company to be entitled to participate in and vote at the AGM is Friday, 22 May 2015. Therefore the last day to trade in order to be recorded in the securities register of the Company, is Friday, 15 May 2015. Availability of the integrated report, AFS and notice of AGM The integrated report incorporating the annual financial statements and notice convening the AGM are available separately on the Company?s website.
09-Apr-2015
(Media Comment)
Business Report announced that the easing of sanctions against Iran will allow MTN to transfer R12 billion from its Iranian unit Irancell, which MTN owns a 49% stake in. The amount includes accumulated dividends and a loan repayment. Nik Kershaw, head of investor relations at MTN said: "The lifting of the sanctions would then allow us to start to repatriate some of the money".
30-Mar-2015
(Official Notice)
Shareholders are advised that the Company?s integrated report for the year ended 31 December 2014 was issued to shareholders on 27 March 2015. The annual financial statements (AFS) and other reports referred to in the integrated report are available on the Company?s website. The information is unchanged from the summarised consolidated financial results released on the Stock Exchange New Service (SENS) of the JSE Limited (JSE) on Wednesday, 4 March 2015. The AFS are jointly audited by PricewaterhouseCoopers Inc. and SizweNtsalubaGobodo Inc. Their unqualified report is available for inspection at the registered offices of the Company.



Availability of integrated report, AFS and other associated reports

The integrated report, the AFS and other associated reports referred to the integrated report are available on the company?s website, https://www.mtn.com/Investors/FinancialReporting/Pages/IntegratedReports.aspx Hard copies thereof may be obtained from the company secretary at 216 - 14th Avenue, Fairland, 2195.



Notice of the Nineteenth Annual General Meeting (AGM)

The Notice of AGM will be distributed to shareholders in due course as a separate booklet informing shareholders of the particulars of the AGM to be held on Wednesday, 27 May 2015. Further details concerning the AGM will be released on SENS on the date of distribution of the Notice of AGM.
04-Mar-2015
(C)
19-Feb-2015
(Official Notice)
MTN is currently in the process of finalising its financial results for the year ended 31 December 2014. These results will be announced on Wednesday 4 March 2015.



Paragraph 3.4(b) of the Listings Requirements of the JSE Ltd. requires a trading statement to be published as soon as issuers and its directors are satisfied that a reasonable degree of certainty exists that the financial results for the period to be reported upon next will differ by at least 20% from those of the previous corresponding period.



Shareholders are advised that MTN expects an increase of between 5% and 15% (equating to a range of between 1482 cents and 1623 cents) in headline earnings per share ("HEPS") and an increase of between 15% and 25% (equating to a range of between 1679 cents and 1825 cents) in attributable earnings per a share (?EPS?) for the year ended 31 December 2014 when compared with the previously reported HEPS and EPS of 1411 cents and 1460 cents, respectively, for the year ended 31 December 2013.



The EPS for the 2014 financial year was positively impacted by the transaction whereby the MTN Nigeria?s passive infrastructure was transferred to an associate. MTN Group has retained a 51% interest in the newly created entity and MTN Nigeria will lease-back the towers for its operations.



This trading statement has neither been reviewed nor reported on by MTN`s external auditors. The information provided in this announcement does not contain and should not be construed as containing any forward looking statements or projections of any nature whatsoever for the year ended 31 December 2014.
13-Feb-2015
(Media Comment)
Business Day reported that MTN is exploring whether to pursue an acquisition of a majority stake in landline provider Telkom to challenge Vodacom's dominance in SA's telecommunications market. MTN has held exploratory discussions in recent months about a possible offer for Telkom. A bid is not imminent as a final decision has not been made.
06-Nov-2014
(Media Comment)
Business Day reports that the merger between MTN and Afrihost received unconditional approval. A 51% stake in Afrihost by MTN, was approved by the Competition Tribunal.
30-Oct-2014
(Media Comment)
Business Day reports that the merger between MTN and Afrihost got a recommendation of unconditional approval from the Competition Commission. MTN want to acquire a 51% stake in Afrihost, the Commission found, in its investigations, that the two companies are not direct competition.
23-Oct-2014
(Official Notice)
25-Aug-2014
(Media Comment)
Business Day reported that MTN has added about R54 billion to its market capitalisation since its well-received interim results early this month, leaving both the Top 40 and all-share indices trailing. Investors have been accumulating the telecoms stock despite the bumpy month for the domestic equity market.
14-Aug-2014
(Media Comment)
Business Day reports that MTN Zakhele would apply to for new exemption to operate its over the counter trading system. The application to renew Mtn Zahele's licence comes a month after the FSB issued a directive requiring operators of over the counter platforms to apply for a licence to operate a stock exchange or an exemption. Chairman Thulani Gcabashe is confident the application for exemption will not be declined.
12-Aug-2014
(Media Comment)
Business Day reported that MTN is taking aim at Africa's e-commerce market, which is still in its infancy, by investing R2.4 billion over the next four years. MTN CEO Sifiso Dabengwa said the sector had become an integral part of the mobile network's growth strategy. The mobile network, which has a presence in 22 countries, recently acquired 33.3% of AIH, a joint venture between Rocket Internet and Millicom International Cellular, to develop internet business in Africa.
07-Aug-2014
(C)
13-Jun-2014
(Media Comment)
Business Report noted that MTN Uganda expected its 2014 revenues to rise by up to 12%. Divisional CE, Mazen Mroue, said the increase in revenue would be due to the unit's mobile money and data businesses. MTN Uganda will spend UGX150 billion (R621 million) in 2014 to expand its high-speed internet infrastructure, underpinning MTN Uganda's focus on the data market.
28-May-2014
(Official Notice)
The board of directors of MTN ("the board")announced the appointment of Ms Kandimathie Christine Ramon as an Independent Non-Executive Director to the board with effect from 1 June 2014.
28-May-2014
(Official Notice)
Shareholders of MTN are advised that the ordinary and special resolutions proposed in the notice of annual general meeting ("Notice of AGM") to shareholders dated 28 March 2014 were passed by the requisite number of votes at the annual general meeting of the Company held on Tuesday, 27 May 2014. ("The AGM")



Repurchase of treasury shares from Mobile Telephone Networks Holdings (Pty) Ltd. In the Notice to the AGM, shareholders were informed in terms of special resolution number four and in the appendix to the Notice of AGM that the Company intends to pass a special resolution approving the repurchase of all the treasury shares presently held by Mobile Telephone Network Holdings (Pty) Ltd., ("MTN Holdings") being 22 337 752 ordinary shares ("Repurchase").



When the Board of directors of MTN ("Board") approved the Board resolution relating to the Repurchase, one of the assumptions on which the required solvency and liquidity resolution was passed by the Board was as mentioned in the appendix to the Notice of AGM, that the repurchase would be effected at a price of not more than R208.73 per MTN share but at a price equal to the closing price of the MTN shares quoted on the stock exchange operated by the JSE on the business day immediately preceding the date on which the Repurchase is effected.



The Board's approval was granted on the understanding that should any of the solvency assumptions prove not to be accurate, the solvency and liquidity test will be applied afresh and a new resolution would be considered by the Board.



Subsequent to the finalisation and distribution of the Notice to the AGM, the price of MTN shares on the JSE increased considerably and exceeded the R208.73 threshold assumed by the Board in the solvency and liquidity test. Shareholders were informed at the AGM, prior to the proposing of special resolution number four that the Board had reconsidered the solvency and liquidity test and had passed the necessary resolution incorporating the revised price of R250 for the solvency and liquidity test purposes.
28-May-2014
(Official Notice)
Shareholders of MTN were advised that the ordinary and special resolutions proposed in the notice of annual general meeting ("Notice of AGM") to shareholders dated 28 March 2014 were passed by the requisite number of votes at the annual general meeting of the company held on Tuesday, 27 May 2014. ("The AGM").



Repurchase of treasury shares from Mobile Telephone Networks Holdings (Pty) Ltd.

In the Notice to the AGM, shareholders were informed in terms of special resolution number 4 and in the appendix to the Notice of AGM that the company intends to pass a special resolution approving the repurchase of all the treasury shares presently held by Mobile Telephone Network Holdings (Pty) Ltd., ("MTN Holdings") being 22 337 752 ordinary shares ("Repurchase").



When the board of directors of MTN ("board") approved the board resolution relating to the Repurchase, one of the assumptions on which the required solvency and liquidity resolution was passed by the Board was as mentioned in the appendix to the Notice of AGM, that the repurchase would be effected at a price of not more than R208.73 per MTN share but at a price equal to the closing price of the MTN shares quoted on the stock exchange operated by the JSE Ltd. ("JSE") on the business day immediately preceding the date on which the Repurchase is effected.



The board's approval was granted on the understanding that should any of the solvency assumptions prove not to be accurate, the solvency and liquidity test will be applied afresh and a new resolution would be considered by the board. Subsequent to the finalisation and distribution of the Notice to the AGM, the price of MTN shares on the JSE increased considerably and exceeded the R208.73 threshold assumed by the board in the solvency and liquidity test.



Shareholders were informed at the AGM, prior to the proposing of special resolution number 4 that the Board had reconsidered the solvency and liquidity test and had passed the necessary resolution incorporating the revised price of R250 for the solvency and liquidity test purposes.
16-May-2014
(Media Comment)
Business Day reported that MTN will lay out more than USD3 billion to upgrade and expand the infrastructure of its operations in Nigeria from 2015 to 2017 to improve the quality of the group's service in its biggest market. CEO Sifiso Dabengwa commented that MTN "will continue to invest at this rate in the medium term, and make sure the overall quality of service is acceptable."
24-Apr-2014
(Official Notice)
28-Mar-2014
(Official Notice)
05-Mar-2014
(C)
Revenue increased to R136.5 billion (R121.9 billion). EBITDA rose to R59.8 billion (R52.6 billion) and operating profit improved to R40.5 billion (R36.7 billion). Net attributable profit increased to R26.3 billion (R20.7 billion). In addition, headline earnings per share grew to 1 386cps (1 089cps).



Dividend

A gross final ordinary dividend of 665cps has been declared.



Outlook

Notwithstanding the muted constant currency growth reported for the full year, MTN has made sound progress over the last six months. The large investment in capex during the year has significantly addressed both network quality and capacity, which will be key factors supporting continued growth over the medium term. While the South African business delivered disappointing results, the executive team is focused on helping this business deliver an improved overall performance in the year ahead.



MTN continues to explore opportunities to expand our product offering outside of traditional voice and expect to increase our presence in the digital space by leveraging technology and maximising the opportunity of low internet penetration in MTN's markets. Delivering additional services through the internet will be supported by our recent partnership with Rocket Internet (Rocket), which is expected to be concluded in the first half of 2014. This will enhance growth in our internet business in Africa and the Middle East as Rocket is one of the world's leading internet incubators, with a presence across our footprint. Expanding our 3G coverage and enabling access to affordable data-enabled devices is anticipated to support strong growth in data usage. The continued roll out of MTN Mobile Money and broader financial services, as well as providing innovative ICT solutions to corporate and SME customers through our enterprise business unit, remain a key priority.



The group is focused on delivering a distinct customer experience by improving network quality and capacity as well as providing value-added products targeted at our different customer segments. MTN continues to transform our organisation through cost optimisation and increasing operational efficiency which will help the delivery of sustainable returns for all our stakeholders. Value-accretive M-A opportunities will continue to be explored in line with our strategy.
20-Feb-2014
(Official Notice)
MTN is currently in the process of finalising its financial results for the year ended 31 December 2013. These results will be announced on Wednesday 5 March 2014. Shareholders are advised that MTN expects an increase of between 25% and 30% in headline earnings per share ("HEPS") and attributable earnings per a share ("EPS") for the year ended 31 December 2013 when compared with the previously reported year.



The HEPS and EPS for the year were positively affected by foreign exchange gains of approximately R1.1 billion compared to foreign exchange losses of approximately R2.7 billion in the prior year. The foreign exchange gain was mainly a result of a R2.3 billion exchange rate gain in MTN Mauritius partly offset by foreign exchange losses on certain operational working capital accounts.
28-Nov-2013
(Official Notice)
Shareholders are referred to the announcement released on the Stock Exchange News Service (SENS) of the JSE Ltd. by MTN on 29 March 2012 (as read with the earlier announcement of 2 February 2012) in which they were advised that Turkcell Iletisim Hizmetleri AS (Turkcell) and its subsidiary, East Asian Consortium (EAC), had instituted a claim against MTN and its subsidiary, MTN International (Mauritius) Ltd. (MTNI) in the US District Court in Washington DC arising out of EAC's unsuccessful effort to obtain the 2nd GSM Licence in Iran during 2005 (US Proceedings).



As shareholders are aware, Turkcell's claims in the US Proceedings were withdrawn on 1 May 2013.



While summons has not yet been formally served on it, MTN understands that Turkcell has now issued summons out of the South Gauteng High Court of South Africa against MTN, MTNI and others seeking damages of approximately USD4.2 billion plus interest, arising from substantially the same allegations on which the US Proceedings were founded.



Turkcell's allegations were investigated by a special committee (Hoffmann Committee) appointed by the MTN board of directors consisting of an external chairman, Lord Hoffmann, and two independent non- executive directors, and its findings reported by MTN on SENS on 1 February 2013. In summary, amongst others, shareholders were advised that, after a thorough examination of Turkcell's allegations and consideration of the available evidence, the Hoffmann Committee concluded that the allegations were unfounded.



As stated before, MTN will accordingly continue to vigorously defend any proceedings instituted by Turkcell in respect of such matters.
13-Nov-2013
(K)
13-Nov-2013
(Media Comment)
Business Day reported that MTN would offer mobile health services across its markets after it partnered with Hello Doctor, a subsidiary of Metropolitan Health. The adoption of cell phones and smart devices are enabling the provision of healthcare services. Hello Doctor acts as an assistant to local general practitioners when consumers want a quick healthcare reference before seeing their GP. MTN customers can download a Hello Doctor app, which provides free content that is updated daily, providing access to healthcare advice.
24-Oct-2013
(Official Notice)
14-Aug-2013
(C)
Revenue for the interim period increased to R65.2 billion (2012: R59.4 billion). EBITDA rose to R28.6 billion (2012: R26.6 billion), operating profit was higher at R19.6 billion (2012: R19.2 billion), while profit attributable to equity holders of the company climbed to R12.5 billion (2012: R10.6 billion). Furthermore, headline earnings per share grew to 654cps (2012: 536cps).



Interim dividend

Notice is given that a gross interim dividend of 370cps for the six months ended 30 June 2013 has been declared payable to shareholders of MTN's shares.



Prospects

For the remainder of the year, MTN expect to deliver improved YoY organic growth in both revenue and EBITDA. Although operating conditions in South Africa are expected to remain difficult, MTN will continue to focus on competitive, value-added propositions and on improving cost efficiencies. The recovery in MTN's Nigerian operation is expected to continue over the second half, supported by a strong capital expenditure programme. MTN expects the Group to add a total of 21.1 million subscribers for the full 2013 year.



In the medium term there remain a number of opportunities for MTN, which include providing more services to MTN's customers by moving decisively into the digital space and taking advantage of growth in data traffic and ICT solutions. The group will also continue to leverage MTN's inherent strength in adjacent industries and explore value accretive M-A activities. Amid greater competition, which in turn pressures revenue and margins, the group will remain competitive by providing an excellent customer experience, improving network quality and capacity, lowering the cost base of our business and improving operational efficiency.
01-Aug-2013
(Official Notice)
MTN is finalising its financial results for the six months ended 30 June 2013. These results are expected to be announced on Wednesday 14 August 2013.



Shareholders were advised that MTN expects an increase of between 20% and 25% in headline earnings per share ("HEPS") for the six months ended 30 June 2013 when compared against the previously reported corresponding period.



The HEPS for the six month period are positively affected by foreign exchange gains of approximately R1.0 billion compared to foreign exchange losses of approximately R1.5 billion in the prior year related to some of the group's subsidiaries resulting in markedly lower net finance costs.



The information provided in this announcement does not contain and should not be construed as containing any forward looking statements or projections of any nature whatsoever for periods beyond 30 June 2013.
22-Jul-2013
(Official Notice)
Shareholders are advised that Mr. Nazir Patel, the group chief financial officer and executive financial director on the board of directors of MTN ("the board"), has resigned with immediate effect. Mr Patel explained to the Company that he does not wish his continued employment with the Company to prejudice the Company in respect of certain allegations made against him, which are subject to an ongoing investigation which had been commissioned by the company. Mr Brett Goschen has been appointed as group chief financial officer and executive financial director on the board, with immediate effect.
20-Jun-2013
(Media Comment)
Business Report noted that Fitch Ratings ("Fitch") has assigned MTN a long-term foreign currency issuer default rating of BBB for the leading market position the group has in most of the markets in which it operates. Fitch also said MTN's outlook was stable.
13-Jun-2013
(Media Comment)
The Financial Mail reported that there is speculation that MTN was revisiting plans to expand into India and possibly reconnect with Reliance Communications ("Reliance"). There have also been international reports of meetings between executives from Reliance and MTN. There is also said to have been talks on a possible deal structure that would allow MTN to take control of Reliance, and its controlling shareholders, the Ambani family, retaining a minority shareholding in a new-look MTN on the JSE.
28-May-2013
(Official Notice)
Shareholders are advised that, at the Annual General Meeting of MTN held on 28 May 2013, all the ordinary and special resolutions contained in the notice of the Annual General Meeting dated 19 April 2013 were passed, without modification, by the requisite majority votes.



Changes to the Board of Directors

Shareholders are referred to the announcement dated 7 March 2013, regarding Mr Cyril Ramaphosa's retirement as non-executive director and Chairman of MTN on 28 May 2013. It is confirmed that Mr Ramaphosa retired from the Board of MTN at the conclusion of the Annual General Meeting. Following a comprehensive review by the Board, overseen by the lead independent non- executive director, Mr Alan van Biljon, the Board announced the appointment of Mr Phuthuma Nhleko as a non-executive director and Chairman of MTN with effect from 29 May 2013.
28-May-2013
(Official Notice)
22-May-2013
(Media Comment)
According to Business Day, MTN ranked 79th in the annual Millward-Brown BrandZ in top 100 Most Valuable Global Brands survey, with its brand valued at USD11.4 billion. MTN made its debut in the survey last year at number 88, and is the only African company in the top 100.
03-May-2013
(Media Comment)
Business Report noted that Turkcell has withdrawn its USD4.2 billion lawsuit against MTN. MTN group CE Sifiso Dabengwa commented that Turkcell's decision to drop their claim was expected but wellcome. Turkcell had accused MTN of bribing Iranian and South African government officials to obtain a mobile licence in Iran. MTN has always strongly denied the allegations. The group's shares closed 3.23% higher at R167.00 on Thursday, 2 May 2013.
25-Apr-2013
(Official Notice)
23-Apr-2013
(Media Comment)
According to Finweek, MTN amongst other operators look to capitalise on Myanmar's relatively unpenetrated telecommunications market. MTN has partnered in the country with Amara Communications, a subsidiary of IGE. Sifiso Dabengwa, MTN group CEO said he was confident of MTN's chances as the group is strongly positioned to provide a distinct blend of world-leading technology and emerging-market understanding.
19-Apr-2013
(Official Notice)
Shareholders are advised that the Company's annual financial statements for the year ended 31 December 2012 were issued to shareholders and contain no modifications to the audited results, which were released on SENS on Wednesday, 6 March 2013.



AGM notice

Shareholders are further advised that the eighteenth annual general meeting ("AGM") of shareholders of MTN will be held in the Auditorium, Phase II, level 0, 216 - 14th Avenue, Fairland, Gauteng, on Tuesday, 28 May 2013 at 14:30 (South African time), to consider and, if deemed fit to pass, with or without modification, the ordinary and special resolutions set out in the notice of the AGM and to deal with such other business as may lawfully be dealt with at the AGM.



The notice convening the AGM and related integrated business report will be issued to shareholders on Friday, 19 April 2013. The record date for receiving notice of the AGM was Friday, 12 April 2013. The record date for shareholders to participate in and vote at the AGM is Friday, 17 May 2013 for which the last day to trade is Friday, 10 May 2013. A copy of the notice convening the AGM and related integrated business report is also electronically available to shareholders on MTN's website www.mtn.com and additional physical copies thereof may be obtained from the company secretary at 216 - 14th Avenue, Fairland, 2195.
12-Apr-2013
(Media Comment)
Business Day reported that MTN has been short-listed to compete for a telecommunications licence in Myanmar. The group is one of 12 operators that have been short-listed to submit bids for two countrywide telecommunications licences. MTN also plans on spending USD8 billion on acquisitions in Africa, Asia and the Middle East.
07-Mar-2013
(Media Comment)
According to Business Report, MTN has confirmed that it is one of several applicants for a licence to operate in Myanmar. If MTN wins the licence it may be required to invest between USD200 to USD300 million to launch a greenfields operation. Group CE Sifiso Dabengwa said Myanmar represents an "excellent opportunity" as its cellphone penetration rate is less than 5%.
06-Mar-2013
(C)
Revenue increased to R135.1 billion (R121.9 billion). EBITDA rose to R58.6 billion (R54.8 billion) and operating profit was higher at R41.3 billion (R39.3 billion). However, net attributable profit declined slightly to R20.7 billion (R20.8 billion). In addition, headline earnings grew to 1 089.1cps (1 068.6cps).



Dividend

A final ordinary dividend of 503cps has been declared.



Outlook

After a challenging 2012, the Group is well positioned for 2013. MTN expects to deliver continued organic growth in both revenue and EBITDA and anticipate reaching the milestone of 200 million subscribers by mid-year. The recovery in the performance of our key Nigerian operation is expected to continue throughout 2013. This together with a lower tax rate and the benefits of the substantial network investment made in 2012 across all operations, which is to be continued in 2013, is likely to support growth in reported earnings in 2013. We continue to explore value accretive M-A activities.
01-Mar-2013
(Media Comment)
According to Business Day, MTN announced price cuts yesterday. MTN set into motion an offer to contract and top-up data customers of 5.8c/MB should they take up one of its discounted data bundle packages. The MTN Zone promotional price plan was also expanded through its Mahala Nights service. Furthermore, MTN will lower its One Rate price plan service, which offers a flat all-day call tare to all mobile networks.
06-Feb-2013
(Official Notice)
MTN, through its wholly owned subsidiary, MTN Dubai, has agreed to acquire a 50% equity interest in MTN Cyprus from its local partner, Amaracos Holdings. The transaction will increase MTN's ownership interest to 100%.



This transaction forms part of MTN's strategy to consolidate its investments and will provide further opportunities to accelerate its product and service offerings to the Cypriot market.



MTN acquired its initial investment in MTN Cyprus in 2006 as part of a larger transaction where 100% of Investcom LLC, a holding company of operations in 10 countries in Africa and the Middle East, was acquired. Since 2008, MTN Cyprus has grown its market share from 14% to approximately 33% and subscribers from 105 000 to 316 000 as at 30 September 2012.



The acquisition is subject to approval by the Commission for Protection of Competition of the Republic of Cyprus.



This transaction is not a categorised transaction in terms of the JSE Ltd. Listings Requirements.
01-Feb-2013
(Official Notice)
14-Dec-2012
(Media Comment)
Business Report noted that tax evasion charges against MTN Uganda have been dropped. Judge Lameck Mukasa of the High Court of Uganda declared criminal summons alleging tax evasion against MTN Uganda's board of directors and senior management null and void. Mazen Mroue, CE of MTN Uganda, welcomed the judgement saying the case had no merit.
23-Nov-2012
(Media Comment)
Business Day reported that MTN has launched its mobile banking service in partnership with South African Bank of Athens and Pick n Pay Stores Ltd.'s ("Pick n Pay's") Pick n Pay and Boxer Stores. The service will compete with Vodacom's M-Pesa mobile payment service. MTN's mobile money service will allow customers to make payments from their cellphones and transfer funds to other users easily with a Mobile Money account. Customers will be able to pay for purchases at no cost at any Pick n Pay and Boxer stores via a mobile transfer at the stores' tills.
29-Oct-2012
(Media Comment)
According to Business Day, MTN looks to add Windows 8-powered gadgets to its portfolio. MTN said it will deliver Windows Phone 8 and Windows 8 devices in South Africa by next month and to Ghana and Nigeria in December.
25-Oct-2012
(Official Notice)
18-Oct-2012
(Official Notice)
Planned release of the MTN Group Limited quarterly update for the period ended 30 September 2012 MTN Group Limited is planning to release its quarterly update for the period ended 30 September 2012 on Thursday, 25 October 2012 before 12h00 SA time.
15-Oct-2012
(Official Notice)
MTN has noted a United States federal court ruling to put on hold a lawsuit by Turkcell against MTN alleging bribery pending a US Supreme Court ruling whether the case can be heard in a US court. MTN had asked Judge Walton of the Washington district court to either dismiss the Turkcell case outright, or stay it until after the Supreme Court renders its decision on what has become known as the Kiobel case.



Using the Kiobel case, the judge will then decide whether Turkcell's case against MTN can be heard in a US court when neither is a US company, and the alleged conduct happened on foreign territory. Legal experts predict the Supreme Court will use the Kiobel case to restrict such cases. MTN continues to believe that there is no legal merit to Turkcell's claim and no basis for such claim to be brought before a US court. MTN expects the Turkcell claim to be disposed of after the Supreme Court issues its decision in the Kiobel case. That is expected to happen by the end of June 2013. MTN will accordingly continue to oppose the claim.
12-Oct-2012
(Official Notice)
MTN announces sale of towers in Cote d Ivoire and Cameroon to IHS for a total of USD284m MTN and IHS Holding Ltd (IHS") announced today that they have entered into definitive agreements pursuant to which IHS will acquire up to 931 towers for USD141 million from MTN Cote d?Ivoire (MTN CIV) and up to 827 towers from MTN Cameroon (MTN CMR) for USD143 million. Under the definitive agreements, IHS will be a 100% shareholder of the tower companies set up in each country to manage the towers and other passive infrastructure. MTN CIV and MTN CMR will be the anchor tenants on the towers being purchased, on commercial terms, for an initial term of ten years.



The sale of towers is in line with MTN?s infrastructure sharing strategy aimed at the monetisation of its assets and cost optimisation. The agreements include a commitment from IHS to roll out a build-to-suit programme to support MTN?s future requirements in both countries. IHS is a leading African telecommunications infrastructure provider headquartered in Nigeria. Founded in 2001, IHS provides services across the full tower value chain managed services, deployment and site ownership.



The transactions are expected to close during the first quarter of 2013. MTN continues to view infrastructure sharing as one of its key strategies in driving efficiencies in its operations across Africa and the Middle East and will continue to pursue appropriate initiatives in that regard.
20-Aug-2012
(Media Comment)
According to Business Day, MTN SA this year intends to build up its information and communication technology (ICT) business as the telecommunications group sets itself to develop into a one-stop shop for businesses. The company plans to spend R5 billion in advancing its network infrastructure that will also uphold its ICT strategy. It considers the provision of technology and telecommunications products and services as an area of growth. MD of MTN SA, Karel Pienaar, said the goal is to provide ''end-to end solutions'' and to satisfy increasing demand from businesses to deal with one service provider of ICT services. He added that 14 of MTN's 22 operations have ICT units and the strategy is to expand to every market.
08-Aug-2012
(C)
Revenue increased to R66.4 billion (R56.5 billion). Operating profit rose to R21.6 billion (R17.8 billion). Net attributable profit improved to R10.6 billion (R9.5 billion). In addition, headline earnings grew to 536.2cps (473.9cps).



Dividend

An interim ordinary dividend of 321cps has been declared.



Outlook

MTN remains optimistic notwithstanding challenging market conditions. The group is committed to creating value for stakeholders through improved shareholder returns and enhancing its business model to better position itself as markets mature and competition intensifies. MTN's key priorities over the next six months are to maintain its leadership position with an increased focus on customer experience and countering competition through innovative and relevant products and services. This strategy will be supported by continued investments in infrastructure to ensure quality and capacity, the rollout of efficiency initiatives and value accretive M-A opportunities.
20-Jul-2012
(Media Comment)
Business Report noted that MTN and rival Zain have targeted South Sudan as the next untapped market for mobile money. Both group's plan to launch services that will turn cellphones into virtual bank accounts. MTN has 28% of South Sudan's mobile market and chief commercial officer, Christian de Faria, said the group's mobile-money offering should be up and running during 2012.
03-Jul-2012
(Official Notice)
On 2 July 2012, MTN filed a motion to dismiss the case filed against it by the Turkish mobile phone operator, Turkcell Iletisim AS (''Turkcell'') in a US federal court.



Turkcell's claim against MTN in the US is the latest of four legal claims Turkcell has launched (the two which have been decided so far both being unsuccessful) after it failed to secure the second GSM licence in Iran in 2005. As stated in MTN's motion to dismiss, MTN contends that Turkcell's US claim is a legally insufficient restatement of a case that Turkcell has already tried and lost.



MTN's motion seeks the dismissal of Turkcell's US claim on the grounds that there is no proper basis for such a claim to be brought for three principal reasons. First, the US court does not have jurisdiction over the subject matter of Turkcell's claim, because Turkcell has not alleged a violation of the law of nations as required under US law for the sort of claim Turkcell is seeking to bring in the US. Secondly, because Turkcell's arbitration against its former Iranian joint venture partner was recently dismissed by a Paris-based arbitral tribunal, Turkcell's US claim should be dismissed as already having been decided against Turkcell. The award precludes the claim now brought by Turkcell against MTN in the US courts for the alleged loss of the licence. Thirdly, the US court lacks personal jurisdiction over MTN and its subsidiary, MTN International (Mauritius) Ltd. (''MTN International''), which is also named in the US action. MTN and MTN International both lack sufficient contact with the United States to be subject to the jurisdiction of the US court.



Turkcell is to respond to MTN's motion to dismiss by 1 August 2012 and MTN will reply to the Turkcell response by 15 August 2012. The courts decision is expected later this year. As previously stated and for the reasons set out in the motion to dismiss, MTN believes that there is no legal merit to Turkcells US claim and no basis for such a claim to be brought in the US court, and MTN therefore remains confident that the claim will be dismissed.
28-Jun-2012
(Official Notice)
The board of directors of MTN announced the appointment of Mr Fani Titi (South Africa) as an independent non-executive director, with effect from 1 July 2012.
07-Jun-2012
(Media Comment)
Business Report noted that MTN won a "stay order" in the civil court in Monrovia, Liberia. The stay order will prevent the Liberia Telecommunications Authority from suspending its Liberian licence. MTN Liberia, trading as "Lonestar Cell" has a 54% market share in Liberia.
30-May-2012
(Official Notice)
Shareholders of MTN are advised that the ordinary and special resolutions proposed in the notice of annual general meeting to shareholders dated March 2012 were passed by the requisite number of votes at the annual general meeting of the company held on Tuesday, 29 May 2012.
29-May-2012
(Official Notice)
At the AGM the following was said concerning MTN's prospects:

*MTN bought back shares to the value of R1.36 billion between 8 March 2012 and 28 May 2012. This distribution to shareholders is in addition to the 70% dividend payout ratio announced previously. The MTN board will continue to implement share buybacks on an opportunistic basis.

*MTN is working with the US authorities to manage its compliance with US sanctions against Iran.

*As disclosed on 29 March 2012, Turkcell served its complaint against MTN in the US Courts on 28 March 2012. MTN believes there is no legal merit to Turkcell's claim and no basis for such claim to be brought before a US court and will accordingly oppose the claim.

*The group continues to focus on maintaining and improving its market position and in particular strengthening its position in non-voice services in all markets. Evolving its business model to support ICT, upgrading our networks and cost optimisation initiatives are a priority.
04-May-2012
(Official Notice)
02-May-2012
(Official Notice)
MTN is planning to release its subscriber numbers for the quarter ended 31 March 2012 on Friday,4 May 2012 at around 12h00 SA time.
23-Apr-2012
(Official Notice)
Shareholders were advised that the company's annual financial statements for the year ended 31 December 2011 were issued to shareholders and contain no modifications to the audited results, which were released on SENS on Wednesday, 7 March 2012.



Shareholders are further advised that the seventeenth annual general meeting ("AGM") of shareholders of MTN will be held in the Auditorium, Phase II, level 0, 216 - 14th Avenue, Fairland, Gauteng, on Tuesday, 29 May 2012 at 14:30 (South African time), to consider and, if deemed fit to pass, with or without modification, the ordinary and special resolutions set out in the notice of the AGM and to deal with such other business as may lawfully be dealt with at the AGM.



The notice convening the AGM and related integrated business report will be issued to shareholders on Monday, 23 April 2012. The record date for receiving notice of the AGM was Friday, 13 April 2012. The record date for shareholders to participate in and vote at the AGM is Friday, 18 May 2012 for which the last day to trade is Friday, 11 May 2012. A copy of the notice convening the AGM and related integrated business report is also electronically available to shareholders on MTN`s website www.mtn.com and additional physical copies thereof may be obtained from the company secretary at 216 - 14th Avenue, Fairland, 2195.
29-Mar-2012
(Official Notice)
MTN alerted shareholders to the possibility of a claim being filed by the Turkish mobile phone operator Turkcell Iletisim AS (Turkcell) in the US federal courts. While the claim has not been served on MTN, MTN understands that a claim has now been filed by Turkcell in the US courts against MTN and its wholly owned subsidiary, MTN International (Mauritius) Ltd, in which Turkcell claims no less than USD4.2 billion, plus interest and punitive, consequential and other damages in connection with the award of the second GSM licence in Iran to Irancell. MTN continues to believe that there is no legal merit to Turkcell's claim and no basis for such claim to be brought before a US court. MTN will accordingly oppose the claim. MTN further notes the South African government's denial of the allegations that MTN exercised influence over it. In advance of Turkcell filing its claim, MTN announced the formation of an independent committee, under the chairmanship of the internationally renowned jurist, Lord Hoffmann, to investigate Turkcell's factual allegations. The Hoffmann committee has already begun its investigations and will report its findings to the MTN board, together with any recommendations as to actions to be taken as a result of its findings, including as to their publication. The Hoffmann committee has invited Turkcell to participate in its investigation, but Turkcell has to date not done so. The invitation remains open to Turkcell to participate in the Hoffmann committee's investigation.
29-Mar-2012
(Media Comment)
Business Report noted that MTN expects "two-digit" growth in Ugandan subscriber numbers over the next twelve months as the start of an oil boom boosts the country's economy. During 2011 MTN grew its subscriber base in Uganda by 18% to 7.6 million users.
13-Mar-2012
(Media Comment)
Business Day reported that MTN has accused Turkcell, a losing bidder in the mobile licence race in Iran, of trying to extort money from it. MTN won the Iranian licence in 2005, prompting allegations of bribery from the Turkish telecommunications operator. MTN said talks to resolve the dispute with Turkcell had collapsed due to Turkcell's financial demands and its threat to file a lawsuit in the US. MTN set up an independent inquiry to investigate the allegations by Turkcell. According to MTN, Turkcell would not co-operate with an independent investigation.
08-Mar-2012
(Media Comment)
Business Day reported that MTN said that it would exit Iran only if the South African government applied sanctions against the Middle Eastern country. Iran is facing economic sanctions from the US and Europe, and pressure has been mounting on MTN to pull out of the country. "If SA says we can't do business in Iran, we will exit," MTN's CEO Sifiso Dabengwa commented.
07-Mar-2012
(Official Notice)
MTN announces the appointment of Ahmad Farroukh to the position of Group Chief Operating Executive (GCOE) with effect from 1 April 2012.



The CEOs of South Africa and Nigeria will report directly to the Group President and CEO. They will also serve on Group EXCO as full members. The new Operations Structure will work with the GCOE to support operations in the following areas:

*Provide direction and guidance to the Opcos in line with the Group strategy

*Implement strategic initiatives in alignment with the Group strategy

*Consolidate Opco reporting

*Facilitate effective execution and sharing of best practice between Opcos

*Ensure operational effectiveness



With the consolidation of the regional structures, current SEA VP and director of a major subsidiary MTN South Africa, Ignatius Sehoole will assume a new role in the Group Business Risk Management division with effect from 1 April 2012. MTN Group President and CEO congratulated Ahmad and Ignatius on their appointments.

07-Mar-2012
(C)
Revenue for the year ended 31 December 2011 increased to R121.9 billion (2010: R114.7 billion). Profit before tax jumped to R37.6 billion (2010: R28.1 billion), while profit attributable to equity holders of the company rose to R20.8 billion (2010: R14.3 billion). Furthermore, headline earnings per share grew to 1 068.6cps (2010: 760.6cps).



Dividend

Shareholders are advised that a final dividend of 476cps in respect of the period to 31 December 2011 has been declared.



Prospects

MTN remains cautiously optimistic about the year ahead with macroeconomic conditions in key markets not expected to change significantly. The key focus areas over the year are to maintain and improve our market position and improve customer experience. There will be continued effort to strengthen our position in non-voice services in all markets. Increased efficiency in rolling out investments in infrastructure and cost optimisation initiatives are a priority in support of this strategy. Value accretive opportunities which fit within the parameters of MTN's M-A strategy will still be considered. We will continue to manage the challenges brought about by sanctions and political instability in some of our markets. The MTN board remains committed to improving shareholder returns.
02-Mar-2012
(Official Notice)
MTN is finalising its financial results for the year ended 31 December 2011. These results are expected to be announced on Wednesday 7 March 2012. Shareholders are advised that MTN expects an increase of between 41.8% and 46.8% in adjusted headline earnings per share ("adjusted HEPS") for the year ended 31 December 2011 when compared against the previously reported corresponding period. Attributable earnings per share are expected to increase by between 41.7% and 46.7%, and basic HEPS to increase by between 37.9% and 42.9% for the same period against those reported for the previous corresponding period. Prior year reported earnings included a R2.9 billion charge associated with the implementation of the MTN Zakhele scheme which had the effect of negatively impacting the prior year's reported earnings. If this charge is excluded, current year's earnings growth would have been between 56% and 61% lower. The current year's earnings are also positively affected by lower net finance costs.
15-Feb-2012
(Media Comment)
Business Day highlighted that rating agency Moody's upgraded MTN's credit rating and changed its outlook to positive, adding that this reflected its expectation that the company's credit profile would strengthen over the near to medium term because of evidence of sustained subscriber and top-line growth trends in most of its markets outside SA.
02-Feb-2012
(Official Notice)
This evening the board of MTN issued a statement via the JSE's Stock Exchange News Service (SENS) regarding a potential claim in the US courts against the MTN Group by the Turkish mobile phone operator Turkcell. The details of the allegations made by Turkcell against the company are set out in our announcement. Irrespective of the validity of Turkcell`s claims, the very fact that such allegations have been made is serious. MTN has zero tolerance for corrupt and unethical business practices. MTN`s response must be measured and authoritative, reflecting the seriousness with which we take any claims of this nature.



Accordingly, the MTN Group Board has decided to set up a special committee to consider these allegations in depth and to recommend appropriate action. This committee will comprise non-executive members of our Board, and will be chaired by Lord Hoffman, the eminent South African born judge and jurist. I am confident that he will bring a fiercely independent perspective to the process.



MTN is an extraordinary success story for South Africa. We are a young, dynamic company that represents the best of our continent. The empowering role we have played in providing mobile communications to communities across Africa and the Middle East is something of which I am immensely proud. MTN and the Board remain committed to providing the highest quality of services and products to our customers. As Chairman, I know the pride that all of us at MTN feel in the work we do. We all remain committed to this vision.
02-Feb-2012
(Official Notice)
27-Oct-2011
(Official Notice)
19-Oct-2011
(Official Notice)
MTN is planning to release its subscriber numbers for the quarter ended 30 September 2011 on Thursday,27 October 2011 at around 12h00 SA time.
18-Aug-2011
(Media Comment)
According to Business Report, MTN is willing to spend up to USD5 billion on an acquisition in North Africa. MTN does not have a presence in the fast-growing North Africa region. CEO Sifiso Dabangwa has also announced that MTN will begin operating in South Sudan, which will give MTN operations in 22 African and Middle Eastern countries.
17-Aug-2011
(C)
Group revenue for the interim period increased by 1.0% to R56.5 billion (2010: R56 billion) mainly due to strong growth in MTN's South African and Iranian operations of 5.9% and 12.1% respectively. This was offset by negative growth in Ghana and Syria and no growth in Nigeria. EBITDA rose by 3.9% to R25.2 billion, while profit attributable to equity holders of the company grew to R9.5 billion (2010: R8.1 billion). Furthermore, headline earnings per share strengthened to 473.9cps (2010: 432.1cps).



Dividends

Shareholders were advised that an interim dividend of 273cps in respect of the period to 30 June 2011 has been declared.



Prospects

MTN is confident of the opportunities that exist within its footprint and of its ability to profitably maintain and grow its market share. The group will continue to evolve its business model to better support ICT convergence and cost optimisation through various initiatives. Operations in countries affected by local political tensions continued to operate satisfactorily with the group taking precautionary measures wherever necessary.



Dividend policy increase

The board has taken account of the group's strong financial position and considers that an increase in the dividend payment policy is appropriate. As a result, shareholders were advised that the dividend payment policy has been increased to 65% of annual adjusted headline EPS. The interim dividend is based on 30% of the prior year's adjusted headline EPS.
03-Aug-2011
(Media Comment)
Business Day reported that MTN is inviting software developers to submit innovative applications, which may end up being available to the network provider's 150 million customers. MTN is in the process of launching an apps store. Mtn indicated that by launching an apps competition, it was opening its innovative scope to the wider developer community in a bid to speed up adoption of data-enabled technologies, especially those featuring digital content developed with African and Middle Eastern users in mind. Developers can upload apps onto MTN's digital portal. The competition will run for five months and there will be monthly winners, with an overall winner expected to walk away with an all-expenses paid trip to the Mobile World Congress next year.
22-Jun-2011
(Official Notice)
Shareholders of MTN are advised that the ordinary and special resolutions proposed in the notice of annual general meeting to shareholders dated 27 May 2011 were passed by the requisite number of votes at the annual general meeting of the company held on Wednesday, 22 June 2011.

22-Jun-2011
(Official Notice)
17-Jun-2011
(Media Comment)
Business Day reported MTN's GM of corporate finance, Debbie Millar, as saying that MTN is positioned to undertake some opportunistic deal-making activity due to its high levels of cash and lack of debt. Millar said the group will "look around more" in the third quarter of 2011 and probable do something in the fourth quarter. MTN currently has R36 billion in debt across the group.
27-May-2011
(Official Notice)
Shareholders are advised that the company's annual financial statements for the year ended 31 December 2010 were posted today to shareholders and contain no modifications to the audited results, which were released on SENS on Wednesday, 9 March 2011. MTN's joint auditors, PricewaterhouseCoopers Inc. and SizweNtsaluba VSP, audited the results and the annual financial statements of the company and their unqualified report is available for inspection at the registered offices of the company. Shareholders are further advised that the sixteenth annual general meeting ("AGM") of shareholders of MTN will be held in the Auditorium, Phase II, level 0, 216 - 14th Avenue, Fairland, Gauteng, on Wednesday, 22 June 2011 at 14:30 (South African time), to consider and, if deemed fit to pass, with or without modification, the ordinary and special resolutions set out in the notice of the AGM posted to shareholders on Friday, 27 May 2011 and to deal with such other business as may lawfully be dealt with at the AGM. The record date for receiving notice of the AGM is Tuesday, 24 May 2011, and the record date for shareholders to participate in and vote at the AGM is Friday, 17 June 2011. Therefore the last day to trade to participate in and vote at the AGM is Thursday, 9 June 2011. A copy of the notice convening the AGM and related integrated business report is also electronically available to shareholders on MTN's website www.mtn.com and additional physical copies thereof may be obtained from the company secretary at 216 - 14th Avenue, Fairland,2195.

12-May-2011
(Media Comment)
Business Report noted that MTN has obtained a USD1.35 billion (R9.1 billion) credit line to replace loans used for its purchase of Investcom in 2006. Barclays Capital said the three year revolving credit line was increased from USD1 billion after lenders offered more than the company sought.
10-May-2011
(Media Comment)
According to Business Report, MTN's Areeba unit had sent the Guinean government a letter agreeing to pay a EUR15 million (R145 million) penalty within 10 days, Guinea's Telecommunications Minister, Oye Guilavogui said. The company's assets would remain in the custody of the government until the dispute had been resolved.
06-May-2011
(Official Notice)
MTN recorded 147 265 000 subscribers at 31 March 2011. This is a 4% increase for the quarter from 141 598 000 subscribers recorded at 31 December 2010. The group continued to perform well despite aggressive competition and heightened political unrest in certain countries in the Middle East and West Africa. MTN continues to make good progress on its various key group initiatives.

* Data, including SMS, has continued its strong growth trajectory. In South Africa, smartphones account now account for 11% of the postpaid and 1.5% of the prepaid base.

* As previously disclosed, MTN entered into a joint venture agreement with American Tower Corporation to acquire the tower portfolio of MTN Ghana. The joint venture closed on the acquisition of an initial tranche of 400 towers in early May 2011.

* Mobile money subscribers increased by 5% to 4.6 million when compared to December 2010. MTN is now active in 12 of its markets, 5 of which are in pilot soft launch phase. In Uganda, mobile money revenues contributed more than 3.5% of total in country revenue for the quarter.

* MTN continues to benefit from its various cable investments. In April this year the high-capacity West Africa Cable System (WACS) linking Southern Africa and Europe landed at Yzerfontein, South Africa. The 14 000km long fibre optic submarine cable system has already landed in Nigeria, Cote d'Ivoire and Cameroon and is expected to land in Ghana in early May 2011. MTN is the landing party in the last four countries mentioned. Service on this cable system is anticipated to commence in late 2011.
04-May-2011
(Official Notice)
MTN is planning to release its subscriber numbers for the quarter ended 31 March 2011 on Friday, 6 May 2011 at around 12h00 SA time.
19-Apr-2011
(Media Comment)
According to Business Report, a report that MTN was in talks about buying 60% of a Zimbabwean cellphone firm for USD600 million (R4.1 billion) was speculation. "We are very surprised by the story", MTN spokesman Richy Mkhondo said. "While there's no doubt MTN continues to look for value-enhancing business all over the world, any talks are merely speculation until we say so ourselves' the company commented".
14-Apr-2011
(Media Comment)
The Financial Mail reported that MTN has the best reputation among companies in South Africa. The rankings were done by global advisory firm, Reputation Institute. MTN's sponsorship of the 2010 soccer World Cup paid good dividends and the firm's strong leadership helped MTN's brand.
12-Apr-2011
(Media Comment)
Business Day reported that MTN has denied allegations that its subsidiary in neighbouring Swaziland had shut down its services ahead of a three-day mass protest. the kingdom is bracing itself for a North African-style protest from pro-democracy movements to force the resignation of Africa's last absolute monarch. The protesters have vowed to make Swaziland ungovernable. Rich Mkhondo, MTN's group executive for corporate affairs, said the company remained "politically impartial" in all its operations. "MTN Swaziland is experiencing data speeds below normal due to increased traffic volumes on the mobile network, which runs on the 2G spectrum", Mr Mkhondo said.
05-Apr-2011
(Media Comment)
According to Business Report, Idea Cellular's controlling shareholder was considering selling its stake in India?s third-largest cellular operator and had held talks with potential purchasers including MTN. The discussions between India's Aditya Birla Group and MTN were at an early stage and might not result in a transaction. Birla Group was also talking with telecommunications companies in the US and Europe about a deal for the stake in Idea. Aditya Birla controls Idea with a 47% stake while Malaysia's Axiata Group owns 10%.
31-Mar-2011
(Official Notice)
Shareholders of MTN were advised that following his stepping down as MTN Group President and CEO on 31 March 2011, Mr Phuthuma Freedom Nhleko has tendered his resignation as a director, from the boards of directors of the company and the following major subsidiaries of the company:

*MTN (Dubai) Ltd;

*Mobile Telephone Networks (Pty) Ltd ("MTN SA")

*MTN Nigeria Communications Ltd

*Irancell Telecommunications Company (PJSC) ("MTN Irancell")

*MTN Syria S.A.



The above resignations are with effect from the close of business on Thursday, 31 March 2011.
15-Mar-2011
(Official Notice)
The board of directors of MTN announced the following appointments:

*Mr Alan Francis van Biljon, an independent non-executive director of MTN, has been appointed lead independent director with immediate effect.

*Mr Alan Harper (United Kingdom), an independent non-executive director and member of the Nominations, Remuneration, Human Resources Committee and Corporate Governance Committee ("Remco") of MTN since 1 January 2010, has been appointed Chairman of the Remco with immediate effect.

14-Mar-2011
(Official Notice)
In compliance with paragraph 3.59 of the Listings Requirements of the JSE Limited, shareholders of MTN Group Ltd ("the Company") are hereby advised that in order to reduce his workload, Mr Douglas Denoon Balharrie Band, an independent non-executive director of the company, has tendered his resignation from the board of directors of the company, with effect from the close of business on Friday, 11 March 2011.
10-Mar-2011
(Official Notice)
MTN Group has appointed Ahmed Faroukh as its Vice President (VP) of the West and Central Africa (WECA) region. Brett Goschen, currently the CEO of MTN Ghana, becomes the new CEO of MTN Nigeria. In Ghana, Goschen will be replaced by Michael Ikpoki, the Sales and Distribution Executive for MTN Nigeria.
10-Mar-2011
(Media Comment)
Business Report noted that MTN is investigating ways to fine-tune its investment strategies across all its operations. The group will do this as it focuses on opportunities to grow its presence as the biggest cellular network in Africa. MTN says that among the options open to it are consolidation, diversification, convergence and operational evolution. The company has also identified Angola, Iraq, Saudi Arabia, and Ethiopia as countries representing opportunities.
09-Mar-2011
(C)
Revenue for the year ended 31 December increased to R114.7 billion (2009: R111.9 billion), and profit before income tax rose to R28.1 billion (2009: R25.8 billion), while profit attributable to equity holders of the company decreased to R14.3 billion (2009: R14.7 billion). Furthermore, headline earnings per share fell to 760.6cps (2009: 803.2cps).



Dividends

Shareholders were advised that the MTN board has approved an increase in the payout ratio to 55%. Accordingly, a final cash dividend of 349cps in respect of the period to 31 December 2010 has been declared. This will bring the total dividend for the year to 500cps.



Prospects

MTN's vision is to be the leader in telecommunications in emerging markets. The board will continue to evaluate and consider value accretive opportunities going forward. However, due to the limited number of such opportunities, the board is confident that growth aspirations can be accommodated within the imperative of improved short term returns to shareholders. With a strong market position and penetration still at a weighted average of 50% in the markets in which it operates, MTN is well positioned to continue to deliver good organic growth. Increased voice penetration, intense competition, at times challenging regulatory environments and the evolution of industry and customer trends are likely to continue to place pressure on revenue growth and EBITDA margins. However, these are expected to be offset in part by growth in data and other value added services, increased voice usage and cost reduction strategies. The markets and economies in which MTN operates continue to evolve and MTN is responsive to the management of risks in these markets. Operations in countries affected by local tensions have continued to function with the group taking precautionary measures wherever necessary. Further to the announcement of 20 December 2010, the group continues to look for ways to optimise the management and structure of MTN's International operations and will make further announcements in due course in line with its strategy.
04-Mar-2011
(Official Notice)
MTN is currently finalising its financial results for the year ended 31 December 2010, expected to be announced on Wednesday 9 March 2011. Shareholders are advised that MTN expects an increase of between 18% and 23% in adjusted headline earnings per share ("adjusted HEPS") for the year ended 31 December 2010 when compared against the previously reported corresponding period. Attributable earnings per share is expected to differ by between a negative 5% and a positive 1% and Basic HEPS to decrease by between 3% and 8% for the same period against those reported for the previous corresponding period. The adjustments between Basic HEPS and Adjusted HEPS for the year ended 31 December 2010 are the reversal of the impact of the put options that shareholders have on the MTN Nigeria and MTN Afghanistan operations, as well as the impact of MTN Zakhele and the ESOP scheme ("the MTN Zakhele adjustment"). The MTN Zakehele adjustment includes a reversal of all of the costs incurred but does not include the reversal of the impact of the shares issued under the Notional Vendor Finance as these are already reversed in terms of IFRS.
28-Feb-2011
(Media Comment)
According to the Sunday Times Business Times, MTN is Africa's most valuable brand, valued at USD4.7 billion. MTN's brand is almost double the value of its nearest African competitors: Vodacom, Orascom Telecom (Egypt), FNB and Standard bank. The valuation was taken from an online encyclopedia of brands called "Brandirectory."
20 Dec 2010 09:29:20
(Official Notice)
The board of directors of MTN announced that Mr Sifiso Dabengwa, currently the Group chief operating officer, has been appointed as MTN Group chief executive and president to succeed Mr Phuthuma Nhleko when he steps down on 31 March 2011.



A formalised subsidiary board structure for MTNI is in the process of being set up and the board is pleased to advise that Mr Phuthuma Nhleko has accepted an invitation to join the MTN board again as Non-Executive Vice Chairman and to become non-executive chairman of the MTNI board of directors. These appointments will take effect from 1 October 2011 and will facilitate continuity in the Group's international relationships and operations.
06 Dec 2010 09:12:19
(Official Notice)
26 Nov 2010 07:43:04
(Official Notice)
28 Oct 2010 12:07:19
(Official Notice)
26 Oct 2010 11:34:51
(Official Notice)
MTN Group Limited is planning to release its subscriber numbers for the quarter ended 30 September 2010 on Thursday, 28 October 2010 by no later than 12h00 SA time.
21 Oct 2010 09:23:49
(Official Notice)
Response to the MTN Zakhele offer has significantly exceeded expectations. In terms of the MTN Zakhele offer, which closed at 16h00 on 14 October 2010, an invitation was made to the black public (individuals and groups) to subscribe for approximately R1.6 billion worth of shares in MTN Zakhele. The offer was more than 1.7 times subscribed and raised approximately R2.8 billion from more than 124 000 applicants from across South Africa. The majority of the applications were received in the last few days and the smooth running of the process bears testament to the South African post office collection process. MTN sought to achieve a broad-based transaction that benefits all qualifying South Africans and was evidenced by the applications received, with more than 95% of applications received from individuals.



Since the closing of the offer, a detailed process of reconciliation has begun to ensure that due process is followed during the finalisation of all applications. MTN believes that broad-based BEE participation is important to its future success, and in order to ensure this is achieved, the group has designed an allocation model that will ensure fair treatment of all applicants with a priority for individuals. As stated in the MTN Zakhele prospectus, where the full application cannot be met, the applicant will receive a refund of the relevant amount by electronic funds transfer back into the applicant's specified transactional bank account with interest calculated from the closing date of 14 October 2010, as soon as practicable after finalisation of the allocation process. MTN Zakhele is committed to running an efficient allocation process and will endeavour to advise all applicants of their allocation as soon as possible. MTN Zakhele will send all new shareholders a "welcome pack" that will contain a specific share allocation notice, as well as information relating to MTN Zakhele, rights and responsibilities as new shareholders, and other important administrative information.
17 Sep 2010 08:52:47
(Media Comment)
Business Day reported that MTN announced that data revenue from its South African network jumped 60% in the first six months of this year as faster third generation technology let users consume more online content. "It's an insatiable beast," Karel Pienaar, MTN SA's MD, said in an interview. "The better the consumer experience, the greater the demand." MTN SA is "way ahead" of budgeted data revenue for the full year as data volume more than doubled in the first half from a year earlier, Mr Pienaar said. MTN may build as many as 1 000 base stations in SA next year with 2G and 3G technologies.
08 Sep 2010 11:23:47
(Media Comment)
Business Report noted that MTN and Telkom SA Ltd ("Telkom") will appear before ICASA over an interconnection dispute. ICASA spokesman, Paseka Maleka, said clarity is needed on which party is refusing to sign the agreement. MTN and Telkom were both unavailable for comment.
27 Aug 2010 12:15:39
(Media Comment)
The Financial Mail reported Frost - Sullivan analyst, Spiwe Chireka, as saying that MTN will appoint an internal candidate as its next CEO, when the current incumbent, Phuthuma Nhleko, steps aside. So far the mobile operator has not indicated who will replace Nhleko. However, if an internal appointment is the preferred choice, the obvious successor is Sifiso Dabengwa, the COO. Sifiso sits on the company's board, formerly headed the company's Nigerian operation, and is currently the vice-president of the South and East Africa region. Chireka expects Dabengwa to take over from Nhleko, considering his seniority within MTN, and the fact that he ran the company's Nigerian operation counts strongly in his favour.
20 Aug 2010 15:47:49
(Official Notice)
Shareholders were referred to the announcement released on SENS on Thursday, 15 July 2010 and in the press on Friday, 16 July 2010 and the circular to shareholders dated Wednesday, 28 July 2010 (the "circular") relating to MTN's proposed R8.1 billion broad-based black economic empowerment ("BEE") transaction ("MTN BEE transaction") and employee share ownership plan ("ESOP"). At the general meeting of shareholders held on Friday, 20 August 2010 (the "meeting"), the ordinary and special resolutions proposed at the meeting, details of which were contained in the circular, were approved by the requisite majority of votes. The implementation of the MTN BEE transaction remains conditional upon the fulfilment or waiver (where applicable) by 30 November 2010 of the conditions in the relevant transaction agreements, as set out in the circular. Although the ESOP is not conditional on the MTN BEE transaction, and will be implemented on a date to be set by the MTN board, it is proposed to implement the ESOP at the same time that the MTN BEE transaction is implemented.
19 Aug 2010 08:51:57
(C)
Revenue declined by 2.2% to R56 billion (R57.3 billion). The EBITDA margin showed a 0.5% marginal improvement to 43.3%. Net attributable profit increased by 6.1% to R8.1 billion (R7.6 billion). In addition, headline earnings on a per share basis grew to 432.1cps (415.5cps).



Dividend

An ordinary interim dividend of 151cps has been declared.



Outlook

As set out in the announcement of 15 July 2010, the board will continue to evaluate and consider value accretive opportunities going forward. However, due to the limited number of such opportunities, the board is confident that growth aspirations can be accommodated within the imperative of improved short term returns to shareholders and by increasing its focus on the following:

*Optimising efficiencies including infrastructure sharing, standardisation of systems and processes, rationalisation of suppliers, cost management and cash optimisation;

*Monitoring infrastructure investments to ensure appropriate levels of capacity and quality of service, incorporating continued investment in fibre and cable requirements to service evolving voice and data requirements;

*Continued engagement with regulatory authorities in the development and refinement of the telecommunications sector in its markets;

*Evaluating options to further improve cash returns to shareholders in addition to an increased payout ratio; and

*Conclusion of our BEE transaction announced on the 15 July 2010.



MTN is well positioned in its markets to compete within a changing competitive and regulatory landscape with a focus on cost management as pressure on the revenue line increases. MTN continues to monitor the economic development of its markets with cautious optimism.
16 Aug 2010 08:29:35
(Official Notice)
MTN is currently finalising its financial results for the six month period ended 30 June 2010, expected to be announced on Thursday, 19 August 2010. Shareholders were advised that MTN expects an increase of between 18.1% and 23.1% in adjusted headline earnings per share ("adjusted HEPS") for the six month period ended 30 June 2010 when compared against the previously reported corresponding period. Attributable earnings per share is expected to increase by between 4.8% and 9.8% and basic HEPS to increase by between 1.5% and 6.5% for the same period against those reported for the previous corresponding period. The only adjustment between basic HEPS and adjusted HEPS for the six month period ended 30 June 2010 is the reversal of the impact of the put option that a shareholder has on the MTN Nigeria operations.
03 Aug 2010 07:31:08
(Media Comment)
According to Business Day, MTN unveiled its 2MW tri-generation plant in a bid to help the company reduce its dependence on Eskom. The R22 million methan-driven plant should ensure continued security of supply and support growth. Karel Pienaar, MD of MTN SA, said that the group has registered the plant as a carbon credit project, which will allow MTN to sell carbon credits.
16 Jul 2010 09:34:45
(Official Notice)
Shareholders of MTN are advised that the special resolution and all the ordinary resolutions proposed in the notice to shareholders dated 23 June 2010 were passed by the requisite number of votes at the annual general meeting of the company held on Thursday, 15 July 2010. The special resolution will be lodged with the Companies and Intellectual Property Registration Office for registration.

15 Jul 2010 12:38:36
(Official Notice)
15 Jul 2010 08:22:37
(Official Notice)
23 Jun 2010 15:53:06
(Official Notice)
Shareholders are advised that the company's annual financial statements for the year ended 31 December 2009 were posted on 23 June 2010 to shareholders and contain no modifications to the audited results, which were released on 11 March 2010. Notice was also given that the fifteenth annual general meeting of the company ("AGM") will be held at 14h30 on Thursday, 15 July 2010, in the Auditorium, Phase II, Level 0, 216-14th Avenue, Fairland, Roodepoort, South Africa, to transact the business as stated in the notice of the AGM.
17 Jun 2010 10:31:29
(Media Comment)
After failing to secure a deal once again, this time with Orascom Telecom, MTN may once again turn to India's Reliance Communications ("Reliance"). According to the Financial Mail, MTN could be a bidder for the 25% of Reliance that is now up for sale. However, Frost - Sullivan analysts, Spiwe Chireka is not holding her breath for a deal between the two, saying that she "will wait to until they sign on the dotted line before I believe it." Chireka also commented that there are not many independent operators left in sub-Saharan Africa that would be attractive.
10 Jun 2010 09:07:13
(Media Comment)
According to Business Day, MTN Group has ended takeover talks with Egypt's Orascom Telecom, leading to further speculation that it might reopen talks with India's Reliance Communications. The acquisition of Orascom could have created the world's third-largest mobile operator. MTN and Orascom began talks in late April 2010 but were opposed by Algeria's government, which wants to buy Orascom's Algerian unit, Djezzy, the biggest in the Orascom stable. Without Djezzy the deal would have little meaning for MTN, which is desperate to expand and needs a foothold in north Africa and other markets including the Middle East.
09 Jun 2010 17:43:46
(Official Notice)
Further to the cautionary announcements released on the 23 April 2010 and 28 April 2010, in terms of which MTN announced that it was in discussions with Orascom Telecom's parent company, Weather Investments S.p.A. relating to the possible acquisition by MTN of control of Orascom Telecom and/or certain of its businesses, MTN shareholders are advised that discussions have been terminated and caution is no longer required to be exercised by MTN shareholders when dealing in their MTN securities.
29 Apr 2010 12:33:17
(Official Notice)
29 Apr 2010 09:31:38
(Media Comment)
Mtn confirmed market speculation that it was negotiating to buy part or all of Orascom Telecom, which, if successful, would cap a fitting end to CEO Phutuma Nhleko's reign at Africa's largest cellphone company after two failed attempts to merge with India's Bharti Airtel.





28 Apr 2010 08:39:50
(Official Notice)
MTN Group Ltd is planning to release its subscriber numbers for the quarter ended 31 March 2010 on Thursday, 29 April 2010 at around 12h00 SA time.
28 Apr 2010 08:37:02
(Official Notice)
Further to the cautionary announcement released on SENS on 23 April 2010, MTN shareholders are informed that MTN is in discussions with Orascom Telecom's parent company, Weather Investments S.p.A, which may or may not lead to a transaction relating to the acquisition by MTN of control of Orascom Telecom and/or certain of its businesses. MTN shareholders are advised to continue to exercise caution in trading in their MTN securities until such time as a further announcement is made.



Information on Orascom Telecom

Orascom Telecom is a leading international telecommunications company operating GSM networks in high growth markets in the Middle East, Africa and Asia, having a total population under license of approximately 510 million with an average mobile telephony penetration of approximately 49% as of December 31st, 2009. Orascom Telecom operates GSM networks in Algeria ("OTA"), Pakistan ("Mobilink"), Egypt ("Mobinil"), Tunisia ("Tunisiana"), Bangladesh ("banglalink"), North Korea ("koryolink") and, through its indirect equity shareholding in Globalive Wireless, Canada ("Wind Mobile"). In addition it has an indirect equity ownership in Telecel Zimbabwe and, through its subsidiary Telecel Globe, Orascom Telecom also operates in Burundi, the Central African Republic and Namibia. Orascom Telecom had almost 93 million subscribers as of December 31st, 2009.
23 Apr 2010 09:13:27
(Official Notice)
Shareholders are advised that the company has entered into discussions, the full impact of which may have a material effect on the price of the company's securities. These discussions may or may not lead to any transaction. Accordingly shareholders are advised to exercise caution when dealing in the company's securities until a further announcement is made.

23 Apr 2010 08:25:40
(Media Comment)
Business Day reported that MTN has approached banks for USD5 billion to help fund the possible acquisition of at least four units from Egypt's Orascom Telecom Holding SAE. The countries may include Egypt, Algeria, Zimbabwe and Tunisia and the total transaction might be worth as much as USD10 billion.
14 Apr 2010 17:49:45
(Official Notice)
Roaming agreement concluded between Mobile Telephone Networks (Pty) Ltd and Telkom SA.Shareholders are advised that MTN SA and Telkom have concluded a 5 year national mobile roaming agreement. The agreement will give Telkom access to MTN SA's 2G and 3G networks and is in line with MTN SA's strategy of optimizing the use of its infrastructure.
09 Apr 2010 10:28:14
(Media Comment)
According to Business Report, in a David and Goliath clash two of South Africa's largest companies, Standard bank and MTN, have been served with summonses that could result in a claim nearing R1 billion. The claim is for alleged infringement of technology patents in establishing and running the joint Standard Bank-MTN cell phone banking venture, MTN Banking. The claim is by 3MFuture Africa, a company controlled by a German information technology expert, Wolfram Refiners, who is a South African permanent resident. Refiners claims that Standard Bank and MTN used technology developed by him and two others in 2000 to launch and maintain MTN banking.
01 Mar 2010 08:33:16
(Official Notice)
MTN announced that Phuthuma Nhleko will not be renewing his long term contract of employment which ends on 30 June 2010. Consequently he will stand down as group president and CEO. Mr Nhleko has, however, agreed with the board to continue in his current role up to March 2011. During the remainder of his tenure Mr Nhleko has agreed to particularly focus on achieving certain key objectives including facilitating a seamless transition once his successor has been appointed.
19 Feb 2010 09:08:10
(Media Comment)
Business Day reported that the Communications Workers Union ("CWU") accused MTN of not consulting the union on its proposed restructuring. Membership of the CWU among workers at MTN had been "deliberately kept below 10%", the union said. MTN however denied these claims. According to the CWU, the company was "doing badly" on transformation as jobs were reserved for certain race groups and there was no affirmative action.
16 Feb 2010 10:54:37
(Media Comment)
Business Day reported that MTN's former merger partner, Bharti Airtel ("Bharti"), could enter the African market if a USD10.7 billion bid for most of the continental operations of Kuwait's Zain proves successful. Under the deal Bharti will take over Zain's units in 15 African countries. However, it could take several years of investment by Bharti before the company can seriously challenge MTN. Despite this, Frost - Sullivan's Lindsey McDonald said MTN will be "very vigilant" if Bharti moves into Africa.
08 Jan 2010 09:16:31
(Media Comment)
Business Day reported that Africa's largest cellphone company, MTN, has been removed from UBS's list of the top telecommunications stock picks due to concern about the effect of SIM card registration requirements in Nigeria. UBS's concern is not surprising, given the effect SIM card registration in SA has had on MTN, Vodacom and Cell C. In its last quarterly update, MTN reported its customer base in SA had dipped mainly due to the new regulation requiring prepaid users to register personal details.
03 Dec 2009 17:09:38
(Official Notice)
Further to the announcement released on SENS on 29 October 2009 MTN Group advises of a correction to Nigeria's reported average revenue per user ("ARPU") owing to an omission of SMS revenues in the calculation.

01 Dec 2009 11:12:13
(Official Notice)
MTN and Belgacom International Carrier services announced the closing of the transaction having obtained the requisite approvals of all relevant government, regulatory and competition authorities. The transaction is effective from 1 December 2009.
27 Nov 2009 17:47:59
(Official Notice)
The board of directors of MTN Group ("the Board") is pleased to announce the appointment of the following three new independent non-executive directors to the board, with effect from 1 January 2010:

*Ms Dawn Marole (South Africa) has been appointed as an independent non-executive director

*Mr Peter Mageza (South Africa) has been appointed as an independent non-executive director

*Mr Alan Harper (United Kingdom) has been appointed as an independent non-executive director

*Mr Nazir Patel (South Africa) has been appointed as an executive director to the board, with effect from 27 November 2009 replacing Mr Robert Nisbet who ceased to be a director of the Board, with effect from 30 September 2009.
17 Nov 2009 09:25:04
(Media Comment)
Employees in almost every division of MTN SA are facing redundancy with the cellular operator about to shed 7% of it's permanent staff. Only it's technical division is likely to remain untouched, with job losses chiefly coming from the human resources, sales and marketing and finance departments, it's head of human resources, Themba Nyathi, said yesterday. "All departments will be affected by this. As we introduce more technologies in our operations the number of people gets out of line with what you actually require."



MTN shares slid 1.4% yesterday on the news of the looming cuts, which confirmed that SA's operators are no longer sitting on an automatic gold mine. The cuts will hit both permanent and temporary workers with 403 permanent staff under threat and a "substantial" number of the company's 3000 temps.

03 Nov 2009 09:32:56
(Media Comment)
Business Report quoted MTN CEO Phutuma Nhleko as saying that the group could look at expanding in Asia to boost earnings as growth at home slows. MTN is seeking new customers and markets to help it continue growing.
29 Oct 2009 13:51:56
(Official Notice)
26 Oct 2009 17:29:26
(Official Notice)
MTN group Ltd is planning to release its subscriber numbers for the quarter ended 30 September 2009 on Thursday, 29 October 2009 at around 12h00 SA time.
26 Oct 2009 10:31:11
(Official Notice)
MTN is in ongoing discussions regarding interconnection rates and in this regard the following press release was issued by MTN SA on Friday, late afternoon:



"MTN SA can confirm that an agreement has been reached with Vodacom, and is pursuing bilateral negotiations with Cell C and other operators. The two parties reached an agreement based on the parameters set in earlier negotiations, which have been underway for some time. However, it is with regret that no agreement has been reached with Cell C at this stage. These bilateral negotiations take place in terms of the regulations by the Independent Communications Authority of South Africa (ICASA), which has oversight over the process.



In terms of the agreement, the parties proposed approximately 19% immediate reduction of the blended wholesale interconnect tariffs, with further reductions year-on-year for the following three years. This reduction cycle will enable MTN SA to make the necessary changes to its operations and long-term commitments to reflect the decrease in interconnect rates. In terms of due process, the two parties will now need to lodge the agreement with ICASA for their regulatory oversight. MTN SA is pleased that progress has been made in the negotiations, and will continue to engage in good faith with other parties as part of the ICASA process to resolve outstanding interconnect agreements.



MTN SA believes that the agreement reached with Vodacom will have the effect of lowering mobile termination rates without impacting too heavily on jobs, investment, access and penetration."
01 Oct 2009 08:03:05
(Media Comment)
According to Business Day, Coronation Fund Managers, one of MTN's 15 largest shareholders, is happy that the proposed USD24 billion merger between MTN and Bharti Airtel is off. Analyst Pallavi Ambekar commented that it was "quite positive that the deal has been called off ... the price was not high enough and we were not happy with the settlement currency being the portion of the parent," and portfolio manager Neville Chester said the proposals had been unattractive to shareholders from "all perspectives."
30 Sep 2009 19:04:12
(Official Notice)
Shareholders are referred to the cautionary announcement released on SENS on 25 May 2009 and to the renewals of cautionary announcement released on SENS on 6 July 2009 and 3 August 2009 concerning discussions regarding a potential transaction between MTN and Bharti Airtel Ltd ("Bharti"). Shareholders are advised that MTN and Bharti have not been able to conclude a transaction within the economic, legal and regulatory framework within which both companies operate. Accordingly, MTN and Bharti have mutually decided to terminate further discussions regarding the potential transaction. Caution is accordingly no longer required to be exercised by shareholders when dealing in MTN securities. Trading in MTN securities will resume on the JSE at the commencement of trade on Thursday, 1 October 2009.
30 Sep 2009 16:46:32
(Official Notice)
The JSE has been requested by MTN to suspend trading in its securities until the commencement of business on Thursday, 1 October 2009. Information has been released in India by Bharti Airtel Ltd ("Bharti") relating to the potential transaction between MTN and Bharti. MTN will release an announcement as soon as possible.
29 Sep 2009 08:46:44
(Media Comment)
According to Business Day, MTN and Bharti Airtel ("Bharti") could extend their deadline to conclude a deal that would create the world's third largest telecommunications company. The deadline was set for Wednesday, 30 September 2009. This comes as South Africa and India scramble to protect national interests and political pressures rise. Talks between MTN and Bharti have already been extended twice. South Africa is pushing for a dual-listed structure and the Indian prime minister, Manmohan Singh has urged "fair" treatment of Bharti. Singh is reported to have broached the subject of the proposed deal with Jacob Zuma at the G-20 summit in Pittsburgh amid concerns in India that South Africa wanted to delay or even block the deal. At the moment the companies are planning to acquire shares in each other and not pursue a dual-listing.
14 Sep 2009 15:53:46
(Media Comment)
The Minister of Communications, Siphiwe Nyanda expressed reservations to The Sunday Times Business Times about MTN's proposed deal with Indian telecommunications firm Bharti. Nyanda said the government "had not come out in support" of the deal and would only look at it once it was concluded as "it would still have to come to (us) for ratification or support." MTN, in Nyanda's view, should also remain in South Africa since it was a "South African company".
27 Aug 2009 11:04:31
(Media Comment)
The Financial Mail reported that Bharti Airtel ("Bharti") is likely to come under increased pressure to increase its offer for a stake in MTN after the release of MTN's interim June 2009 results. A number of institutional shareholders, including the Public Investment Corporation, have already said they expect Bharti to raise its offer.
27 Aug 2009 09:01:18
(C)
Revenue increased by 24.2% to R57.3 billion (R46.1 billion). Net attributable profit rose by 30.6% to R9.1 billion (R7 billion). In addition, headline earnings per share jumped to 415.5cps (339.3cps).



Outlook

There are some indications that global economic conditions may be starting a slow recovery although many of our markets remain relatively vulnerable at present. Competition across MTN's footprint is likely to continue to increase. Shorter term prospects in South Africa remain challenging, compounded by the impact of new subscriber registration requirements from 1 August 2009. MTN remains focused on:

*actively seeking value-accretive expansion opportunities in emerging markets; tightly monitoring infrastructure investments to ensure appropriate levels of capacity and quality of service for an enlarged market;

*optimising efficiencies in maintaining and improving our competitive position while ensuring the group is able to benefit from a rapidly converging technology market, and continued investment in sub-marine cables for efficient access;

*continuing engagement with regulatory authorities in the development and refinement of the telecommunication sector; and

*the implementation of MTN's proposed BEE deal at the appropriate time.
25 Aug 2009 17:08:55
(Official Notice)
MTN is currently finalising its financial results for the six month period ended 30 June 2009, expected to be announced on the morning of 27 August 2009. Shareholders are advised that MTN expects an increase of between 19.8% and 24.8% in basic headline earnings per share as well as attributable earnings per share for the six month period ended 30 June 2009 against the previously reported corresponding period. Adjusted headline earnings per share for the six month period ended 30 June 2009 are expected to decrease by between 8.6% and 13.6% against the adjusted HEPS reported in the previous corresponding period. The only adjustment between HEPS and Adjusted HEPS for the period to June 2009 is the reversal of the impact of the put option that a shareholder has on the MTN Nigeria operations. In addition to this reversal, the prior period comparative had an adjustment for the reversal of the deferred tax debit relating to the MTN Nigeria operations.



Shareholders are reminded that the above earnings numbers are negatively impacted by the stronger ZAR and resultant unrealised forex losses on loans to and receivables from certain operations versus unrealised forex gains in the prior period. Unrealised forex losses in the current period also include losses on dollar denominated deposits. This trading statement has neither been reviewed nor reported on by MTN's external auditors. The information provided in this announcement does not contain and should not be construed as containing any forward looking statements or projections of any nature whatsoever for periods beyond 30 June 2009.
20 Aug 2009 10:26:00
(Official Notice)
Shareholders are referred to the cautionary announcement and to the renewal of cautionary announcements released on SENS on 25 May 2009, 6 July 2009 and 3 August 2009 concerning discussions regarding a potential transaction between MTN and Bharti Airtel Ltd. MTN and Bharti had entered into an exclusivity agreement regarding the potential transaction until 31 August 2009. Shareholders are advised that the discussions between the parties regarding the potential transaction continue to progress satisfactorily and the parties have agreed to extend the exclusivity period until 30 September 2009. No decision or agreement to acquire any shares or implement the potential transaction outlined above has yet been made by the Boards of either MTN or Bharti and the discussions may or may not lead to any transaction. Shareholders are therefore advised to continue to exercise caution when dealing in MTN's securities until a further announcement is made.
03 Aug 2009 08:47:39
(Official Notice)
Shareholders are referred to the cautionary announcement and to the renewal of cautionary announcement released on SENS on 25 May 2009 and 6 July 2009 concerning discussions regarding a potential transaction between MTN and Bharti Airtel Ltd. MTN and Bharti had entered into an exclusivity agreement regarding the potential transaction until 31 July 2009. Shareholders are advised that the discussions between the parties regarding a potential transaction are continuing and both parties have agreed to extend the exclusivity period until up to 31 August 2009. No decision or agreement to acquire any shares or implement the potential transaction outlined above has yet been made by the boards of either MTN or Bharti and the discussions may or may not lead to any transaction and the structure and terms of the potential transaction may be adjusted to reflect further discussions between the parties. Shareholders are therefore advised to continue to exercise caution when dealing in MTN's securities until a further announcement is made.
27 Jul 2009 08:55:51
(Media Comment)
Business Report noted that MTN and Bharti were expected to extend exclusive talks for a proposed merger by at least two to three weeks. This would mean that the talks continue into August. One source said "the talks are firmly on but a lot of complications need to be untangled."
09 Jul 2009 09:05:15
(Media Comment)
The Financial Mail reported that MTN has refused to answer questions pertaining to the company's management shake-up. This is despite some unease among analysts and investors over what led to the changes. Analysts and fund managers have called the departure of Rob Nisbet "premature" and "odd". Nisbet's departure has also led some analysts to wonder if his decision to leave is not because he disagrees with the tie-up between MTN and Bharti Airtel. Kaplan Equity Analysts' Irnest Kaplan says MTN's reluctance to explain the management changes is "not good."
06 Jul 2009 17:04:12
(Official Notice)
Shareholders are referred to the cautionary announcement released on SENS on 25 May 2009 informing shareholders that MTN and Bharti Airtel Ltd are currently in discussions regarding a potential transaction. Shareholders are advised that these discussions are still in progress and accordingly shareholders are advised to continue to exercise caution when dealing in MTN's securities until a further announcement is made.
29 Jun 2009 09:51:31
(Official Notice)
Rob Nisbet the current MTN Group Finance Director joined the MTN Group in 1995 and has been an integral part of the group's senior management team. After 14 years of service, Rob has decided to pursue other business interests outside the group. Rob Nisbet will be succeeded as Group Finance Director by Nazir Patel, effective 1 October 2009. Karel Pienaar will be appointed as Managing Director - MTN South Africa,

effective 1 August 2009.

The group also wishes to announce the following promotions and appointments:

Debbie Millar - Group Executive: Treasury, Funding and IR

Carel Gericke - Group Executive: Corporate Tax

Zolisa Masiza - Group Executive: Regulatory (MTN Group and MTN SA).
29 Jun 2009 09:20:39
(Media Comment)
Cellular operator MTN has taken a 20% stake in Belgacom International Carrier Services in exchange for folding it's own international wholesale subsidiary into the business. The deal should take place in the fourth quarter of this year, subject to government, regulatory and com[petition authority approvals.
26 Jun 2009 08:35:10
(Official Notice)
Shareholders are advised that MTN announced the extension of its relationship with Belgacom International Carrier Services ("BICS") by combining MTN ICS, its international carrier services business with the business of BICS. Pursuant to the combination of the two businesses, MTN will hold an equity interest of 20% in the enlarged BICS and appoint two directors to the board. The combination is expected to improve the quality of the international traffic carrier service offerings of MTN operations whilst realising meaningful cost benefits. The transaction is subject to certain conditions precedent including, to the extent required, the approval of the relevant regulatory authorities.
25 Jun 2009 10:47:42
(Official Notice)
Shareholders are advised that the special resolution and all the ordinary resolutions proposed in the notice to shareholders dated 31 March 2009 were passed by the requisite number of votes at the annual general meeting of the company held on Wednesday, 24 June 2009. The special resolution will be lodged with the Companies and Intellectual Property Registration Office for registration.
23 Jun 2009 08:39:53
(Media Comment)
The political unrest in Iran could prove a stumbling block in selling the proposed MTN-Bharti deal to the Indian company's shareholders, according to Business Day's Bottom Line Column. This is because Bharti shareholders are already concerned about political risk and whether or not the deal will be dilutive.
09 Jun 2009 08:17:55
(Media Comment)
Business Day reported that India has asked Bharti Airtel to provide details about its proposed deal with MTN for legal scrutiny. Indian Corporate Affairs Minister, Salman Khurshid, was quoted as saying "we want to be sure."
01 Jun 2009 16:53:33
(Official Notice)
Shareholders are advised that the company's annual financial statements for the year ended 31 December 2008 were posted today to shareholders and contain no modifications to the audited results, which were released on SENS on 12 March 2009.



Notice is hereby given that the Fourteenth Annual General Meeting of the company will be held at 14h30 (South Africa time) on Wednesday, 24 June 2009, in the Auditorium, Phase II, 216-14th Avenue, Fairland, Roodepoort, South Africa, to transact the business as stated in the Notice of the AGM.
01 Jun 2009 09:17:20
(Media Comment)
Business Day reported that MTN's second largest shareholder, Lebanon's Mikati family, said it supported merger talks with India's Bharti Airtel and intends to vote in favour of the USD23 billion deal. Azmi Mikati said that his family was "fully supportive of the transaction. It will add value for both Bharti Airtel and MTN shareholders".
25 May 2009 17:29:23
(Official Notice)
MTN shareholders are hereby advised that all of the outstanding conditions precedent for the acquisition of Newshelf 664 (Pty) Ltd ("Newshelf") by MTN from the Alpine Trust, the acquisition and settlement by MTN of the funding obligations due to the Public Investment Corporation Ltd ("PIC") by Newshelf and the specific repurchase by MTN of the 243 500 011 MTN ordinary shares held by Newshelf ("Newshelf acquisition", as further described in the circular to shareholders dated 6 April 2009) have been met and that the Newshelf acquisition was implemented on 25 May 2009.



As a consequence of the implementation of the Newshelf acquisition, (i) MTN issued in aggregate 213 866 898 new MTN ordinary shares to the PIC on 25 May 2009, which shares will be listed on the exchange operated by the JSE Ltd ("JSE") on 26 May 2009, and (ii) MTN repurchased the 243 500 011 MTN ordinary shares owned by Newshelf, which shares have been cancelled and will be delisted from the JSE on 26 May 2009.
25 May 2009 10:11:04
(Official Notice)
MTN Group is pleased to announce that MTN and Bharti Airtel Ltd ("Bharti") are currently exploring a potential transaction whereby MTN and its shareholders would acquire, pursuant to a scheme of arrangement, an approximate 36% economic interest in Bharti, of which 25% would be held by MTN with the remainder held directly by MTN shareholders, and Bharti would acquire an approximate 49% shareholding in MTN. Bharti and MTN have agreed to discuss the potential transaction exclusively with one another until 31 July, 2009. The potential transaction between Bharti and MTN would create a leading telecommunication service provider group aligning Bharti's market leading Indian business with MTN's market leading African and Middle Eastern operations. The potential transaction would also represent a significant development in South-South cooperation between India and South Africa.
25 May 2009 09:36:42
(Official Notice)
MTN Group Ltd and Bharti Airtel Ltd are currently exploring a potential transaction whereby MTN and its shareholders would acquire, pursuant to a scheme of arrangement, an approximate 36% economic interest in Bharti, of which 25% would be held by MTN with the remainder held directly by MTN shareholders, and Bharti would acquire an approximate 49% shareholding in MTN. Bharti and MTN have agreed to discuss the potential transaction exclusively with one another until 31 July, 2009.



The potential transaction between Bharti and MTN would create a leading telecommunication service provider group aligning Bharti's market leading Indian business with MTN`s market leading African and Middle Eastern operations. The potential transaction would also represent a significant development in South-South cooperation between India and South Africa. The broader strategic objective would be to achieve a full merger of MTN and Bharti, as soon as it is practicable to create a leading emerging market telecom operator which today would have combined revenue of over USD 20 billion and a combined customer base of over 200 million.



The discussions contemplate that the potential transaction, which would be achieved through a scheme of arrangement, would include the following principal elements:

*MTN would acquire approximately a 25% post-transaction economic interest in Bharti for an effective consideration of approximately USD 2.9 billion in cash and newly issued shares of MTN equal to approximately 25% of the currently issued share capital of MTN

*Bharti would acquire approximately 36% of the currently issued share capital of MTN from MTN shareholders for a consideration of ZAR 86.00 in cash and 0.5 newly issued Bharti shares in the form of Global Depository Receipts for every MTN share acquired which, in combination with MTN shares issued in part settlement of MTN's acquisition of approximately a 25% post-transaction economic interest in Bharti, would take Bharti's stake to 49% of the enlarged capital of MTN. Each GDR would be equivalent to one share in Bharti and would be listed on the securities exchange operated by JSE Ltd

*Bharti would have substantial participatory and governance rights in MTN enabling it to fully consolidate the accounts of MTN

*MTN's economic interest in Bharti would be equity accounted and would have appropriate representation on the Bharti board
22 May 2009 08:57:46
(Media Comment)
Business Day reported that analysts believe that MTN is a better investment than newly-listed Vodacom Group Ltd ("Vodacom"). This is despite shares in MTN, at R118.00, costing a little over twice as much as those in Vodacom. Vodacom ended the day at R55.55 on Thursday, 22 May 2009, down on its initial listing price of R63.00. Steve Minnaar, head of investment research at Old Mutual Investment Group concurs with the view that MTN is the better investment. Minnaar says that MTN has "so much more growth in front of them". Allan Gray's Duncan Artus agrees with this analysis. Artus says that Vodacom is fairly prices and lacks the growth potential MTN enjoys through its African operations. MTN is involved in 21 countries, whereas Vodacom only operates in five.
07 May 2009 10:38:55
(Media Comment)
MTN could make a big acquisition. One analyst polled by the Financial Mail thinks it would make sense for the company to bid for Cairo-based Orascom Telecom, despite a hefty premium that might have to be paid. However at Orascom's current market capitalisation of USD5 billion, this would not be too expensive for MTN. Orascom would also be a good fit, as it operates in complementary markets, with operations in Algeria, Pakistan and Egypt, amongst others.
05 May 2009 15:50:27
(Official Notice)
MTN shareholders are referred to the detailed terms announcement dated 27 March 2009 and the circular to MTN shareholders dated 6 April 2009 ("circular") incorporating a notice of general meeting convening a general meeting of MTN shareholders to consider and, if deemed fit, pass the resolutions necessary to approve and implement the proposed acquisition of Newshelf 664 (Pty) Ltd ("Newshelf") by MTN from the Alpine Trust, the acquisition and settlement of the funding obligations outstanding to Public Investment Corporation Ltd ("PIC") in Newshelf from PIC and the specific repurchase by MTN of the MTN ordinary shares held by Newshelf ("Newshelf acquisition").



Therefore, at the general meeting which was held on Tuesday, 5 May 2009, all the resolutions contained in the notice of general meeting were passed by the requisite number of votes. The special resolutions will be registered with the Registrar of Companies in due course. As set out in the circular, the implementation of the Newshelf acquisition is subject to the fulfilment or (where permitted) waiver of certain conditions precedent. A further announcement will be released on SENS and published in the press when the outstanding conditions precedent for the Newshelf acquisition have been fulfilled.
04 May 2009 13:41:42
(Official Notice)
21 Apr 2009 14:59:33
(Official Notice)
MTN group Ltd is planning to release its subscriber numbers for the quarter ended 31 March 2009 on Monday, 4 May 2009 at around 12h00 SA time.
01 Apr 2009 10:29:57
(Media Comment)
Business Report noted that Econet Wireless Kenya, which trades as yu, has no intention of selling out to MTN and will continue to build its customer base. The CE of yu, Srinivasa Iyengar, called claims that MTN was looking to acquire the operator for USD450 million "baseless".
27 Mar 2009 07:37:35
(Official Notice)
20 Mar 2009 09:58:42
(Media Comment)
According to Business Day, MTN hopes to add six million new subscriber in Nigeria during 2009 and could make further acquisitions as it grows in Africa's largest market. MTN Nigeria's corporate services executive, Akinwale Goodluck, said he expected Nigeria's cell phone market to grow to 100 million over the next three to four years, from about sixty million now.
17 Mar 2009 09:04:55
(Media Comment)
According to Business Report, MTN and Neotel were two weeks away from signing an agreement with Vodacom that would save the two firms about R200 million each in building a fibreoptic network. Tim Lowry, MTN South Africa's managing director, said that the group was "going through the last steps" of getting Vodacom into the agreement.
12 Mar 2009 09:31:35
(C)
Turnover increased by 40.20% from R73 145 million to R102 526 million in 2008. Profit before income tax increased to 44.60% to R28 490 million (2007:R19 707 million). Profit attributable to ordinary shareholders increased by 44.60% to R15 315 million (R10 608 million). In addition, headline earnings on a per share basis grew to 836.5cps (584.80cps).



Dividends per share

A final dividend of 181.0 cps was declared for the period under review.



Prospects

The group remains cautiously optimistic about its prospects for 2009 in challenging trading conditions. Strategic priorities include:

* Actively seeking value-accretive expansion opportunities in emerging markets, with a potential to act as a consolidator in the current market environment

*Tightly monitored capital expenditure to ensure appropriate levels of capacity and quality of service for an enlarged market

*Optimise cash and operational efficiencies ensuring that the group is able to benefit from a rapidly evolving technology market while maximizing infrastructure sharing.

*Engaging positively with regulatory authorities.

Year to date performance of the key operations in terms of subscriber net additions are as follows: South Africa 80 000, Nigeria 2.2 million, Iran, 1.5 million, Ghana 300 000, Cameroon, 200 000, Cote d`Ivoire 200 000 and Uganda 300 000.
11 Mar 2009 09:15:38
(Media Comment)
MTN and Telkom South Africa Ltd are the two South African companies that will benefit most from consolidation in Africa's telecommunications sector, Business Day reported rating agency Fitch as saying. Fitch wrote in its report that Africa offers great opportunities for both companies. According to the report, MTN is likely to be among the front-runners in the consolidation process.
03 Mar 2009 09:16:54
(Media Comment)
Business Day reported that with rivals eager to close the gap between themselves and MTN, analysts will be interested to hear the group's strategy for growth and how it will deal with pressure on tariffs. Analyst Irnest Kaplan says the key things to look out for when MTN presents its results will be growth achieved in South Africa, given the fact that it is now regarded as a maturing market with little room for further growth.
27 Feb 2009 17:00:21
(Official Notice)
Further to the SENS announcement on the 25th June 2008, shareholders are advised that all regulatory and competition commission clearances have now been obtained. The acquisition of 100% of Verizon South Africa (Pty) Ltd will complete on 27 February 2009. Following completion, Verizon Business South Africa will trade under the MTN Business trademark.
20 Feb 2009 17:43:40
(Official Notice)
MTN is currently finalising its financial results for the year ended 31 December 2008, expected to be announced on the morning of 12 March 2009. Shareholders are advised that MTN expects an increase of between 38% and 43% in basic headline earnings per share as well as an increase of between 29% and 34% in adjusted headline earnings per share for the year ended 31 December 2008 against the previously reported corresponding period. Attributable earnings per share for the year ended 31 December 2008 are expected to increase by between 39% and 44% against the attributable earnings per share reported in the previous corresponding period. As reported on in previous periods, the major adjustments between HEPS and Adjusted HEPS are the reversal of the impact of the unwind of the deferred tax asset previously raised (although there has been no movement from 30 June 2008) and the reversal of the impact of the put option which has been affected by forex movements in the second half of the year. Shareholders are also advised that the above earnings numbers are further enhanced by the unrealised forex gains on loans to certain operations and that the actual effective tax rate is expected to be higher than originally anticipated. This trading statement has neither been reviewed nor reported on by MTN's external auditors.
18 Feb 2009 08:23:05
(Official Notice)
Shareholders were advised that MTN and Public Investment Corporation Ltd had entered into a memorandum of understanding recording the salient terms and conditions for the acquisition of Newshelf 664 (Pty) Ltd by MTN from PIC and related matters and that MTN planned to implement a new Black Economic Empowerment transaction during the first half of 2009.



MTN shareholders are advised that, in light of the severe constraints in current financial markets, the board of directors of MTN has determined that it is presently not in the best interests of the company, its shareholders and the BEE investors to implement the proposed BEE transaction during the first half of 2009 as originally planned. The board remains fully committed to implementing the BEE transaction at the appropriate time.



The board believes that it remains in the best interests of MTN to implement the Newshelf acquisition and, subject to concluding the relevant agreements, will be tabling the transaction for shareholder approval as soon as practicable. The legal agreements necessary to implement the Newshelf acquisition are in the process of being finalised and a further announcement containing the final terms of the Newshelf acquisition will be made, and circular to shareholders posted, in due course.
16 Jan 2009 08:35:02
(Media Comment)
According to Business Report, MTN and Neotel will spend up to R2 billion to build a long-distance fibre optic network. The first phase should be completed before the 2010 Fifa World Cup. By building its own network, MTN will reduce its operating costs by R200 million in 2009 and R300 million by 2012. MTN South Africa managing director, Tim Lowry, said that MTN will fund the project from its cash reserves.
17 Dec 2008 10:17:58
(Media Comment)
MTN CEO Phutuma Nhleko was quoted in Business Report as saying that the group would consider a merger as well as acquisitions to allow MTN to pursue expansion. Nhleko commented that MTN would evaluate any opportunity that will enable the company to expand.
15 Dec 2008 10:08:40
(Official Notice)
15 Dec 2008 09:10:38
(Official Notice)
11 Dec 2008 10:02:35
(Media Comment)
The Financial Mail reported that despite MTN's share price falling off recently due to the volatility in the Nigerian naira, the company is still viewed favourably with analysts seeing an upside to the group. Irnest Kaplan, MD of Kaplan Equity Analysts, commented that besides the concerns over the naira, MTN's prospects are good, adding that it will be difficult to "find an industrial company that will grow like MTN over the next two years".
21 Nov 2008 09:44:54
(Media Comment)
Business Report quoted MTN as saying that takeovers would accelerate in the phone industry as competition led to mergers. CEO Phuthuma Nhleko told a conference in Spain that "we are ... entering a consolidation phase".
19 Nov 2008 10:39:21
(Media Comment)
Business Day noted that MTN aims to introduce handsets costing as little as USD12.00 during the first half of 2009. Tim Lowry, MTN's vice-president for the southern and east African region said that the handsets will be made in China and may be priced between USD12.00 and USD15.00. In addition, according to Business Report, the cheap handsets will be branded with the MTN logo.
18 Nov 2008 09:33:39
(Media Comment)
According to Business Day, MTN's bid to acquire the 59% of cellphone and airtime retail distributor iTalk that it did not already own has passed its first hurdle, with the Competition Commission recommending that the deal be approved. The takeover will now be assessed by the Competition Tribunal.
27 Oct 2008 10:02:15
(Media Comment)
Finweek has classified MTN as a "new-generation rand hedge". This is because the group is becoming a successful world payer in its operating markets. For this reason investors should view the share as providing protection against rand volatility.
21 Oct 2008 10:01:43
(Media Comment)
Business Day noted that MTN will expand its distribution network in Cyprus under a joint venture. Bassel Jamaleddine, CE of MTN Cyprus, said that MTN was especially keeping an eye on emerging markets, which includes Cyprus.
13 Oct 2008 08:22:26
(Media Comment)
Business Report noted talk that MTN is investigating making a third attempt to enter India through a partnership with a fully fledged operator. The Economic Times of India reported that the group was not interested in acquiring a stake in any newly licensed firms. However, analysts commented that after two failed attempts, MTN needed to understand the Indian market better.
02 Oct 2008 09:16:59
(Media Comment)
Business Day reported that MTN's Cote d'Ivoire subsidiary has acquired that country's second fixed-line operator, Arobase Telecom. MTN has also taken over Cote d'Ivoire's Afnet, an internet service provider offering wireless broadband data services. No value for the deals were disclosed.
25 Sep 2008 08:31:25
(Media Comment)
Business Day reported an Italian newspaper as saying that Telecom Italia could be interested in a tie-up with MTN. Telecom Italia was unavailable to comment on the rumours. A deal would open up the growing African market to Telecom Italia.
22 Sep 2008 08:04:28
(Media Comment)
According to Business Report, MTN might start operating in the Democratic Republic of the Congo by acquiring a closely held company in that country.
28 Aug 2008 09:06:22
(C)
Group consolidated revenue increased by 35% to R46.1 billion (2007: R34.2 billion) driven largely by the 53% growth in subscribers since 30 June 2007. The increase in revenue was mainly driven by Nigeria, which increased revenue by 39% to R13.4 billion, and South Africa, which increased revenue by 18% to R15.4 billion when compared to the six-month period ending 30 June 2007. Syria, Ghana and Iran (MTN`s share of 49% only) generated revenues of R2.9 billion, R2.8 billion and R1.9 billion respectively. Group EBITDA increased by 29% to R19.6 billion (2007: R15.2 billion) as a result of strong revenue growth. The group?s total assets increased by 26% to R146 billion compared with R116 billion at 31 December 2007. Property, plant and equipment increased by R10.7 billion from 31 December 2007. Included in this increase is R5.2 billion relating to foreign currency translation movements. Basic earnings per share is 334.6cps (2007: 298.6cps) and headline earnings per share is 339.3cps (2007: 304.2cps).



Dividends

No dividend was declared for the period under review.



Prospects

Given the current developments in the global telephony market, the group?s prospects for the second half of 2008 remain positive in increasingly competitive markets. The major strategic priorities are: actively seeking value-accretive expansion opportunities in emerging markets; ongoing infrastructure investment to ensure appropriate levels of capacity and quality of service; ensuring the group is well positioned to benefit from a rapidly converging technology market; and optimise efficiencies in maintaining and improving competitive position.
20 Aug 2008 15:14:20
(Official Notice)
Shareholders are advised that MTN expects an increase of between 9.0% and 14.0% in basic headline earnings per share ("HEPS") as well as an increase of between 23.3% and 28.3% in adjusted headline earnings per share ("adjusted HEPS") for the six month period ended 30 June 2008 against the previously reported corresponding period. Attributable earnings per share for the six month period ended 30 June 2008 are expected to increase by between 9.5% and 14.5% against the attributable earnings per share reported in the previous corresponding period.



As reported on in previous periods, the major adjustments between HEPS and adjusted HEPS are the reversal of the impact of the unwind of deferred tax asset previously raised in Nigeria and the reversal of the impact of the put option that a shareholder has on Nigeria. The information provided in this announcement does not contain and should not be construed as containing any forward looking statements or projections of any nature whatsoever for periods beyond 30 June 2008.
31 Jul 2008 10:49:15
(Media Comment)
Jristoff Puelinckx, managing partner of advisory firm Delta Partners, doubts that MTN will move into the Americas now that talks with Reliance have ended. Puelinckx says it makes more sense for MTN to do a deal with operators in Africa, Asia and Eastern Europe. Puelinckx also commented that he does not think that large Western companies like France Telecom will be interested in MTN, since it is more likely that MTN will be an acquirer than a target.
28 Jul 2008 07:54:10
(Media Comment)
MTN South Africa expects to save R9.1 billion in operational expenditure in the next ten years, according to Business Report. The company would do this by providing its own fixed-line infrastructure and laying its own fibre-optic cable. The managing director of MTN SA, Tim Lowry, said that trials in Johannesburg had ended last month. Lowry also said that MTN might partner with other firms to build the network.
22 Jul 2008 08:43:00
(Media Comment)
Business Day reported that MTN is not abandoning its strategy of growth by acquiring other operators or by being acquired itself, despite the failure of merger talks for the second time. Spokesperson Nozipho January-Bardill said that MTN will continue to look at "value-enhancing opportunities". Frost - Sullivan analyst Lindsey McDonald believes that Latin America will be MTN's next big focus as its markets are similar to those in Africa. One possibility is a merger with America Movil, which has more than double MTN's number of subscribers, and is valued at USD59 billion, nearly twice MTN's value of USD31 billion.
18 Jul 2008 17:36:35
(Official Notice)
With regard to exclusive negotiations relating to a potential business combination between MTN and Reliance Communications Ltd, owing to certain legal and regulatory issues, the parties are unable to conclude a transaction. Accordingly, it has been mutually decided to allow the exclusivity agreement to lapse and caution is no longer required to be exercised by shareholders when dealing in MTN securities.
18 Jul 2008 08:15:45
(Media Comment)
Business Day noted that Reliance Industries has started arbitration proceedings against Reliance Communications ("Reliance"), which is in exclusive talks with MTN. This is because Reliance has failed to participate in meetings to resolve a dispute concerning ownership of shares.
16 Jul 2008 09:57:19
(Media Comment)
Business Day noted that MTN is becoming increasingly annoyed with speculation about its merger talks in India. Spokeswoman Nozipho January-Bardill broke with company policy by denying reports that MTN was reviving talks with India's Bharti Airtel in case its talks with Reliance Communications failed.
10 Jul 2008 08:21:56
(Media Comment)
Analysts told Business Report that the extension of talks between MTN and Reliance Communications ("Reliance") could be a sign that the companies needed more time to structure a deal that would overcome legal hurdles, or give Reliance room to settle its disputes. Metropolitan Asset Managers portfolio manager, Sisa Rafuza, said the likelihood of a deal in whatever form was relatively high, especially now that the talks have been extended.
09 Jul 2008 08:10:29
(Official Notice)
MTN has agreed to continue its negotiations with Reliance in relation to such potential business combination, and has extended the period of exclusivity until 21 July 2008. There is no certainty that these discussions will result in a transaction. Accordingly, shareholders are advised to continue to exercise caution when dealing in MTN securities.
04 Jul 2008 08:02:15
(Media Comment)
Analysts in Business Day are convinced that MTN and Reliance Communications ("Reliance") are close to announcing a merger. The deal is structured so that it will be able to overcome all obstacles that the brother of Reliance's chairman, Anil Ambani, might place in front of it. Instead of Ambani selling his stake in Reliance to MTN, Reliance may buy a majority stake in MTN.
02 Jul 2008 14:34:19
(Official Notice)
MTN is pleased to announce that Fitch Ratings has upgraded MTN's national long-term rating to AA- from A+. The outlook is stable. The announcement of any proposed transaction would likely result in a review of MTN's rating by Fitch.
30 Jun 2008 08:50:49
(Media Comment)
Business Report noted that MTN has agreed to acquire the remaining shares in i-Talk Cellular ("i-Talk") that it does not already own for an undisclosed sum. i-Talk has 11 stores and a dealer network of nearly 100 outlets in South Africa.
25 Jun 2008 09:08:05
(Official Notice)
MTN has entered into an agreement with Verizon Business, part of US based Verizon Communications Inc, to acquire 100% of Verizon South Africa (Pty) Ltd ("Verizon Business South Africa"). Verizon Business corporate entities currently own approximately 70% of Verizon Business South Africa with the balance held by an entity controlled by Jay - Jayendra (Pty ) Ltd, which is part of the J-J Group.
19 Jun 2008 17:49:32
(Official Notice)
Shareholders are advised that at the AGM held on Thursday, 19 June 2008, all the resolutions proposed were passed with the requisite majority of shareholder votes, with the exception of ordinary resolution number 5, which was withdrawn at the meeting due to the resignation of Sheikh ARH Shartbatly, which is effective as from 19 June 2008. Shareholders are further advised that the special resolution passed at the meeting will be lodged with the Register of Companies for registration.
18 Jun 2008 08:07:40
(Media Comment)
Business Day reported that rivalry between the chairman of Reliance Communications ("Reliance"), Anil Ambani, and his brother Mukesh, may prevent a potential merger with MTN going ahead. Mukesh Ambani is not in favour of a deal between the two companies and the company he heads, Reliance Industries ("RI"), has the first right of refusal on any shares that Reliance sells. However, Reliance has dismissed RI's claim as "legally ... untenable ...". One South African analyst said that this could derail the deal, and wondered why MTN's advisors had not picked up on the issue of pre-emptive rights earlier.
10 Jun 2008 08:04:45
(Media Comment)
Business Day noted that the framework for a deal between MTN and Reliance Communications ("Reliance") appears to be firming up for MTN to take a 74% stake in the Indian firm. In turn, Reliance chairman Anil Ambani could swap 43%-63% of his holding to become MTN's largest shareholder.
06 Jun 2008 08:44:09
(Media Comment)
Business Day reported that an unconfirmed deal for MTN to pay R1.4 billion for networking firm Verizon Business is headed for the Competition Commission. This is because rival internet companies might try to block the deal if it goes ahead. The other bidder on the short-list is Allied Technologies Ltd.
05 Jun 2008 08:06:53
(Media Comment)
According to Business Report, MTN and Reliance Communications ("Reliance") have begun due diligence on a reverse takeover. The deal could involve MTN taking a stake of up to 74% in Reliance, and its chairman Anil Ambani becoming the largest shareholder in MTN.
30 May 2008 08:51:25
(Media Comment)
Business Day quoted the Financial Times' Alphaville website as saying that Reliance Communications ("Reliance") would pay a significant premium for control of MTN. There are two scenarios. One involves a cash and shares bid from Reliance and the other means MTN retaining its South African identity but Reliance chairman Anil Ambani owning 34.9% of MTN.
28 May 2008 10:24:21
(Media Comment)
Business Day quoted London-based Citigroup analyst, Rhys Summerton, as saying that MTN may not be for sale and investors should look for "short-term weakness" to buy the stock. Summerton added that MTN was more likely to make an acquisition than be acquired.
26 May 2008 08:51:40
(Official Notice)
MTN and Bharti were not able to reach agreement on a suitable transaction structure and have accordingly by mutual agreement ended their discussions. The cautionary announcement of Monday 5 May 2008 is accordingly withdrawn. Shareholders are however directed to the cautionary announcement released immediately following this announcement and should thus continue to exercise caution when dealing in the company?s securities.
26 May 2008 08:50:07
(Official Notice)
MTN has been approached by the Reliance Communications Group with regards to a potential business combination between Reliance Communications Limited and MTN. MTN has agreed to enter into exclusive negotiations for a period of up to 45 days in respect of such potential combination. There is no certainty that these discussions will result in a transaction. Accordingly, shareholders are advised to continue to exercise caution when dealing in the company?s securities until a further announcement is made.
22 May 2008 10:27:56
(Media Comment)
Business Report quoted Jankees Ruizeveld, a telecoms analyst at Netherlands-based Robeco Asset Managers, as saying it appeared that Bharti Airtel ("Bharti") was speeding up its bid for MTN. This is because Bharti is under pressure to close the deal amid talk of bid by Deutsche Telekom and Vimpel.
19 May 2008 17:22:24
(Official Notice)
Shareholders are advised that the company's annual financial statements for the twelve month period ended 31 December 2007 will be posted to shareholders from 20 May 2008 but before the 22 May 2008 and contain no modifications to the audited results which were published on 19 March 2008. PricewaterhouseCoopers Inc and Sizwe Ntsaluba VSP Inc. jointly audited the results. The annual financial statements of MTN including the auditors report are available for inspection at the registered office of the company.



Notice of the Annual General Meeting

Notice is hereby given that the 13th annual general meeting of MTN shareholders will be held in the Auditorium, Phase II, at 216-14th Avenue, Fairland, Gauteng on Thursday, 19 June 2008 at 14:30 to transact business as stated in the notice of the annual general meeting, forming part of the annual financial statements.
19 May 2008 10:48:33
(Media Comment)
MTN and Bharti Airtel ("Bharti") were expected to complete their merger talks within days, India's Mint newspaper reported on Saturday, 17 May 2008. The newspaper cited financial industry sources. An analyst said that Bharti should be giving details of its bid and explain how the transaction would be funded, with the media and analysts estimating that Bharti may value MTN as high as USD50 billion (R379 billion).
13 May 2008 09:30:44
(Media Comment)
According to Business Report, Emirates Telecommunications ("Etisalat") has emerged as the latest firm to take an interest in MTN. This comes after it was announced that India's Bharti Airtel ("Bharti") and MTN were in "exploratory" talks. Etisalat's chairman Mohammed Omran said that his firm was looking to boost revenue from Africa and that they were "evaluating MTN, among others". China Mobile is another strong contender. Analysts say that both Etisalat and China Mobile have more financial muscle than Bharti.
08 May 2008 09:45:02
(Official Notice)
The Financial Mail reported that shareholders and analysts are questioning if India's Bharti Airtel ("Bharti") can really afford MTN. If a deal were to happen, it would be one of the largest global telecommunications deals ever and the combined entity would be one of the world's largest emerging market telecom operators. Analysts have commented that Bharti would have to offer MTN shareholders a substantial premium to its current share price, possibly more than R200.00/share, to convince them to sell. Irnest Kaplan, of Kaplan Equity Analysts, says that MTN shareholders should hold out for more than Bharti's indicative offer of R160.00 as well as the R180.00/share that MTN's board could deem as acceptable. Analysts also commented that the talks between the two groups could also reignite interest from China Mobile, with whom MTN was in talks with in late 2006.
05 May 2008 18:00:06
(Official Notice)
Further to the statement released by the company on SENS on Friday, 25 April 2008, shareholders are advised that MTN is engaged in discussions with Bharti Airtel Ltd which, if successfully concluded, may have a material effect on the price of the company's securities. The discussions are exploratory in nature and may or may not lead to any transaction. Accordingly, shareholders are advised to exercise caution when dealing in the company's securities until a further announcement is made.
25 Apr 2008 11:17:43
(Official Notice)
MTN has noticed speculation in the press today regarding a potential offer. MTN receives tentative approaches from time to time, which are always evaluated by the company. The board of MTN has not received any specific proposal and if and when there is anything specific to report, the market will be notified.
23 Apr 2008 14:16:14
(Official Notice)
21 Apr 2008 13:19:11
(Official Notice)
MTN is planning to release its subscriber numbers for the quarter ended 31 March 2008 on Wednesday, 23rd April 2008 at around 12h00 SA time.
26 Mar 2008 09:48:07
(Media Comment)
Business Day noted that MTN's shares leapt 5.5% to R135.00 on Tuesday, 25 March 2008. This was its biggest gain in a month. MTN and Vodafone denied a report in the Sunday Times that the two were in talks. The report said that Vodafone had initiated discussions with MTN after being blocked by the government from taking a bigger stake in Vodacom.
20 Mar 2008 08:06:03
(Official Notice)
Further to the announcement released on SENS at 08h00 on Wednesday, 19 March 2008, the following amendments should be noted:



Income statement analysis

*Ghana and Syria generated revenues of R4.0 billion and R4.6 billion respectively.

*The group's EBITDA increased year on year by 27.3% to R25.1 billion, excluding the former Investcom operations.



Iran

There are 2 023 live sites across the 30 provincial capitals in 291 cities. Geographic coverage is 3%, population coverage is 50% and there is 1 500km of road coverage.



Operational data

Subscriber numbers for South Africa at 31 December 2007 totalled 14 799 000.
19 Mar 2008 16:31:47
(Official Notice)
Due to extensive other commitments, Mr Peter Woicke and Dr Mamphela Ramphele, both independent non-executive directors of MTN, have tendered their resignations from the board, with effect from 18 March 2008.
19 Mar 2008 08:44:41
(C)
The group recorded revenue growth of 42% to R73.1 billion (R51.6 billion). Earnings before interest, tax, depreciation and amortisation ("EBITDA") increased by 42% to R31.8 billion R22.4 billion) compared with the twelve-month period ended 31 December 2006. Profit attributable to ordinary shareholders of the company declined slightly to R10.608 billion (R10.61 billion). This led to a fall in basic headline earnings per share to 584.8cps (606.5cps).



Dividend

A final ordinary dividend of 136cps (90cps) has been declared.



Prospects

The group's prospects for 2008 remain positive in its key markets. Strategic priorities include:

*Actively seeking value-accretive expansion opportunities in emerging markets;

*Ongoing infrastructure investment to ensure appropriate levels of capacity and quality;

*Ensuring that the group is well positioned to benefit from a rapidly converging technology market;

*Driving operating margin efficiencies;

*Engaging with regulatory authorities.
21 Feb 2008 11:55:02
(Official Notice)
Moody`s Investors Service has affirmed the global scale issuer rating of MTN at Baa3 and upgraded its national scale rating to A2.za from A3.za. The outlook on the ratings was changed to positive.
11 Feb 2008 15:55:57
(Official Notice)
Nigerian individuals and key institutions have acquired a 9.45% interest in MTN Nigeria from MTN, acting through its wholly-owned subsidiary, MTN International (Mauritius) Ltd, and other shareholders in MTN Nigeria, pursuant to a private placement. The main rationale for the transaction is to achieve MTN's stated intention of broadening the ownership of MTN Nigeria among Nigerian citizens and institutions and to reaffirm MTN's commitment of enabling greater Nigerian representation in MTN Nigeria.



MTN disposed of an overall equity interest of 5.96% in MTN Nigeria as part of the private placement for a consideration of USD594.50 million, thereby reducing its interest in MTN Nigeria to 76.08%. The allocation date for the private placement was 8 February 2008 and share transfers are anticipated to be effected on 18 February 2008.
24 Jul 2006 17:40:28
(Official Notice)
MTN shareholders are referred to the announcement on the 6th July where MTN announced the acquisition of 32.44% in MTN Uganda from Swedish telecom company, Overseas Telecom AB (which is 65% owned by TeliaSonera). MTN has further increased its shareholding in MTN Uganda and now owns 97.34% shareholding through the successful acquisition of all of Tri-Star Investments SARL's 12.89% stake in the operation for a cash only consideration of USD55 million. Tri-Star is a Rwanda-based investment holding company.
20 Jul 2006 15:37:01
(Official Notice)
MTN announced the appointment of two non-executive directors to its board, with effect from 18 July 2006. Mr Van Rooyen, a registered Chartered Accountant is currently the chief executive officer of Uranus Investment Holding (Pty) Ltd, a broad based BEE company focusing primarily on the Financial and Information, Communication and Technology sectors. Prior to this, he was the chief executive officer of the Financial Services Board (FSB) for the period 1 July 2000 to 30 September 2005 and head of the Public Sector Industry at Deloitte - Touche, one of the first black partners appointed by the firm. Mr Mikati, the chief executive officer of Investcom Holdings LLC since 1998, responsible for the global strategy of Investcom. Mr Mikati holds a bachelor's degree in science from the University of Columbia. Prior to his appointment as chief executive officer of Investcom, he was a director of T-One Corporation (International carrier) and a Board Member of FTML, a France Telecom subsidiary.
20 Jul 2006 15:03:18
(Official Notice)
MTN shareholders are referred to the announcement dated 13 July 2006 which advised that, as at 5.00 p.m. (Dubai time) on 12 July 2006, it had received valid acceptances of the offer to shareholders of Investcom LLC in respect of 1 428 797 344 Investcom shares (representing approximately 99.5% of the issued share capital of Investcom). MTN has dispatched compulsory acquisition notices to the holders of Investcom shares who have not yet accepted the offer. Transfer of the compulsorily acquired Investcom shares is expected to take place on or after 31 August 2006. The offer will remain open for acceptances until further notice. At least 14 days notice will be given by an announcement before the offer is closed.
14 Jul 2006 08:39:15
(Media Comment)
MTN has pledged USD65 million (R468 million) towards the 2010 soccer world cup. Business Day noted that the transaction gives the cellular group the rights to distribute video footage of matches to cellphones in Africa and the Middle East.
13 Jul 2006 08:17:57
(Official Notice)
MTN announced that the Investcom offer would be open until further notice. As at 5:00pm (Dubai time) on 12 July 2006 it had received valid acceptances representing approximately 99.5% of the issued share capital of Investcom. This included the acceptance of the offer by M1 Ltd pursuant to the irrevocable undertaking to accept the offer. Of the acceptances received, elections to participate in the MTN share and cash alternative have been received in respect of approximately 70.6% of the issued share capital of Investcom.
12 Jul 2006 09:19:03
(Media Comment)
Business Day noted that Microsoft and MTN had introduced a venture offering cheap internet connections in South Africa.
06 Jul 2006 17:11:16
(Official Notice)
MTN announced that it had increased its shareholding in MTN Cote d'Ivoire and MTN Uganda effective 1 May and 6 July respectively, further consolidating its position in the respective regions. The acquisition of 32.44% in MTN Uganda from Swedish telecom company, Overseas Telecom AB (which is 65% owned by TeliaSonera) for EUR130 million was successfully concluded and will take MTN's holding in MTN Uganda to 84.45% from 52.01%. As a result of this acquisition, MTN Uganda will be fully consolidated as a subsidiary of MTN and will no longer be treated as a joint venture. MTN increased its stake in MTN Cote d'Ivoire, previously Loteny Telecom, by 17.34% to 68.34% through a purchase of this stake from Atlantique Telecom for EUR42.75 million.
06 Jul 2006 09:01:33
(Official Notice)
MTN has announced the results of its maiden foray into the South African debt capital market, in what is the biggest capital raising by a corporate in this market's history.



MTN had communicated to the market prior to the issue, that the company would be comfortable to raise between R6 billion and R8 billion. Total book size exceeded R10.bn, however giving consideration to other available funding in respect of the Investcom transaction the final issue size was settled at R6.3bn, split between a R5 billion 4 year bond and R1.3 billion 8 year bond. The bonds priced at spreads of 145 bps and 150 bps above the government R153 and R201 benchmarks respectively.
05 Jul 2006 09:17:12
(Media Comment)
Business Day noted that MTN had lost its bid for a licence to operate in Egypt.
04 Jul 2006 18:05:53
(Official Notice)
All the conditions of MTN's offer to shareholders of Investcom LLC have been satisfied or waived and the offer is now declared unconditional in all respects. As previously announced, the offer will remain open for acceptances until 5.00 p.m. (Dubai time) on 12 July 2006.
29 Jun 2006 08:41:36
(Official Notice)
MTN Group has announced that the offer to Investcom LLC ("Investcom") shareholders to acquire the entire issued share capital of Investcom has been extended to 5.00 p.m. (Dubai time) on 12 July 2006. As previously announced, the MTN Group cash and share alternative will only remain open until 5.00 p.m. (Dubai time) on 12 July 2006.



MTN Group further announced that as at 5.00 p.m. (Dubai time) on Wednesday, 28 June 2006, the first closing date of the offer, it has received valid acceptances of the offer in respect of 1 120 281 524 Investcom shares (representing approximately 78.1% of the issued share capital of Investcom.



In addition, as at 5.00 p.m. (Dubai time) on 28 June 2006, The Bank of New York (as Tender Agent to the offer has received irrevocable instructions to participate in the offer in respect of 268 030 665 Investcom shares represented by 53 606 133 Investcom GDSs (representing approximately 18.7% of the issued share capital Investcom). As at 5.00 p.m. (Dubai time) on 28 June 2006, MTN Group has not received a valid acceptance of the offer in respect of any of these Investcom Shares represented by the Investcom GDSs. It is expected that, pursuant to the terms of the Tender Agent Agreement, The Bank of New York will accept into the offer the Investcom shares that it has received instructions in relation to when the offer is declared unconditional in all respects.



Accordingly, the aggregate valid acceptances and instructions to The Bank of New York to accept the Offer have been received in respect of a total of 1 388 312 189 Investcom shares (representing approximately 96.7% of the issued share capital of Investcom). Of those acceptances or instructions, elections to participate in the MTN Group cash and share alternative have been received in respect of a total of 1 013 875 914 Investcom Shares (representing approximately 70.6% of the issued share capital of Investcom). MTN Group shareholders are further advised that further announcements will be made in due course in relation to the fulfilment or waiver of the remaining conditions to which the offer is subject.
27 Jun 2006 13:49:24
(Official Notice)
All the resolutions relating to the proposed offer by MTN to Investcom shareholders to acquire the entire issued share capital of Investcom, proposed at the general meeting of MTN shareholders held on Tuesday, 27 June 2006, were passed by the requisite majority of shareholders. Shareholders are further advised that an application will accordingly now be submitted to the JSE for the listing of a maximum of 204 298 809 new MTN Group ordinary shares in respect of the Investcom Offer. Further announcements will be made in due course in relation to the fulfillment or waiver of the remaining conditions to which the Investcom Offer is subject.
26 Jun 2006 17:13:37
(Official Notice)
The MTN Group has received its first international investment grade rating. Moody's Investors Service has today assigned MTN Group a global scale rating of Baa3 and an A3.za South African national scale rating with stable outlook. Fitch Ratings has assigned the company a South African national long-term rating of A+(zaf) with stable outlook.
23 Jun 2006 08:48:45
(Official Notice)
Further to the announcement dated 20 June 2006, MTN Group shareholders are advised that as at 5.00p.m. Dubai time on 22 June 2006, MTN Group had received valid acceptances of the Offer in respect of 1 120 281 524 Investcom shares (representing approximately 78.1% of the issued share capital of Investcom). These acceptances include the acceptance of the offer by M1 Ltd pursuant to the irrevocable undertaking to accept the Offer described in paragraph 5 of the circular to MTN Group shareholders dated 12 June 2006. Other than that irrevocable undertaking, MTN Group did not hold any Investcom shares or rights over such shares before the offer period commenced and has not acquired or agreed to acquire any Investcom shares during the offer period (other than by way of acceptances of the offer). The offer has therefore become unconditional as to acceptances.



The offer remains open for acceptances and the first closing date of the offer will be on 28 June 2006. A further announcement regarding acceptance levels as at the first closing date of the offer will be made on 29 June 2006. Further announcements will also be made in due course in relation to the fulfilment or waiver of the remaining conditions to which the offer is subject.
20 Jun 2006 16:07:55
(Official Notice)
Shareholders are referred to the circular dated 12 June 2006. Satisfactory progress is being made and that, as at the date of this announcement, no additional material information has come to the attention of the board of MTN which should be brought to the attention of the shareholders in voting for the approval of the Offer at the general meeting to be held on 27 June 2006. The offer remains subject to, amongst other things, the fulfillment or waiver of the acceptance condition, the approval of the offer by MTN shareholders, the approval by the JSE of the listing of additional MTN shares to be issued as consideration for the offer and the approval by the Commission for the Protection of Competition in Cyprus. The offer remains open for acceptance by Investcom shareholders until 28 June 2006.

14 Jun 2006 10:06:05
(Media Comment)
Business Day noted that MTN plans to issue bonds worth R8 billion to raise funds for its Investcom take-over.
13 Jun 2006 17:52:50
(Official Notice)
Shareholders are advised that at the AGM held on 13 June 06, all the resolutions proposed, other than ordinary resolution number 2 proposing to grant the directors of MTN a general authority to issue equity securities for cash, were passed by the requisite majority of shareholders. The special resolution will be lodged with the Registrar of Companies for registration.



Shareholders are referred to the SENS announcement released on 10 May 06 in terms of which shareholders were advised of the proposed appointment of six new independent non-executive directors to the MTN board. At the AGM the appointment of the following new independent non-executive directors was approved by MTN shareholders:

*Mr Peter Woicke (German)

*Dr Mamphela Ramphele (South African)

*Ms Koosum Kalyan (South African)

*Mr Johnson Njeke (South African)

*Sheik Abdul Rahman H Sharbatly (Saudi Arabian)

Dr Christopher Kolade informed the nominations committee of the MTN board that he would be unable to take up his appointment and his nomination to the MTN board was accordingly withdrawn. The reconstituted MTN board will support MTN's new operating and reporting structure, which now comprise three regional focus areas - Southern Africa, West/Central Africa and Middle East, North and East Africa.
08 Jun 2006 17:55:22
(Official Notice)
Shareholders are referred to the SENS announcement dated 2 May 2006, 15 May 2006 and 24 May 2006 regarding MTN Group's proposed offer to Investcom LLC ("Investcom") shareholders to acquire the entire issued share capital of Investcom. The conditions to the Investcom Offer set out in the Offer Document dispatched to Investcom shareholders on 23 May 2006 include, inter alia, the approval of the Investcom Offer by the shareholders of MTN Group. The circular to shareholders of MTN Group setting out the details of the Investcom Offer and containing a notice convening the general meeting to approve the Investcom Offer has been approved by the JSE and it is anticipated to be posted to shareholders of MTN Group on 12 June 2006. The general meeting, to be held at the registered office of MTN Group in the Auditorium, Phase II, 216 - 14th Avenue, Fairland, South Africa, will be convened for 27 June 2006 at 10:00, a day prior to the first closing date of the Investcom Offer which is 28 June 2006.
02 Jun 2006 12:27:54
(Media Comment)
Responding the requirement by the Regulation of Interception of Communications and Provision of Communication-Related Information Act (Rica) to register all prepaid customers, MTN told Business Report that it would cost the group R100 million to implement the proposed law.
24 May 2006 12:57:30
(Official Notice)
Referring to the SENS announcement dated 2 May 2006 regarding MTN's proposed offer to acquire the entire issued share capital of Investcom, all the pre-conditions to making the offer have been fulfilled. The Offer Document setting out the terms of the offer has been approved by the Dubai Financial Services Authority. The offer is now capable of acceptance by Investcom shareholders and is still subject to the approval by MTN shareholders.
18 May 2006 17:28:22
(Official Notice)
Audited Results

Shareholders are advised that the company's annual financial statements for the nine month period ended 31 December 2005 will be posted to shareholders on 18 May 2006 and contain no modifications to the audited results which were published on 23 March 2006. PricewaterhouseCoopers Inc. and Sizwe Ntsaluba VSP Inc. jointly audited the results. The annual financial statements of MTN including the auditors report are available for inspection at the registered office of the company.



Notice of the Annual General Meeting

Notice is hereby given that the 11th Annual General Meeting of MTN shareholders will be held in the Auditorium, Phase II, at 216-14th Avenue, Fairland, Gauteng on Tuesday, 13 June 2006 at 12:00 to transact business as stated in the Notice of the Annual General Meeting.
15 May 2006 13:07:36
(Official Notice)
MTN recorded 55% year-on-year growth in subscribers in its operations to 24 185 000. This represents a 4% increase since the last reported period ended 31 December 2005. Excluding operations acquired in the previous financial period, year-on-year subscriber growth was 43%. MTN South Africa showed strong post-paid acquisitions. Pre-paid acquisitions also remained strong although declining on a net basis due to increased churn at the low end following the promotion of pre-paid product in the previous quarter. The promotion has since been terminated, and net connections have now normalised. The subscriber base of MTN's South African operations therefore reduced by 36 000 in the first quarter of the year. MTN's international operations recorded a total of 13 986 000 subscribers - an increase of 8% since December 2005, now accounting for 58% of group subscriber base (31 December 2005: 56%). MTN Nigeria remained the largest of the international operations, with growth of 8% since the prior quarter and its closing base of 9 036 000 representing 65% of the group's subscribers outside of South Africa.
12 May 2006 09:00:59
(Official Notice)
MTN is planning to release its subscriber numbers for the quarter ended 31 March 2006 on Monday, 15th May 2006 at around 10h00 SA time.
10 May 2006 09:51:47
(Official Notice)
MTN announced the proposed appointment of six independent non-executive directors to its board of directors. The new appointees are Peter Woicke (Germany), Dr Christopher Kolade (Nigeria), Dr Mamphela Ramphele (South Africa), Ms Koosum Kalyan (South Africa), Johnson Njeke (South Africa) and Sheik Abduragman Sharbatley (Saudi Arabia). The international expansion of MTN and its geographical scope of business has prompted the group to review its board composition and management operating structures. Subject to shareholder approval, with effect from 13 June 2006, the reconstituted MTN board will comprise:

Mr Cyril M Ramaphosa (Chairman), Mr Phuthuma F Nhleko (President and CEO), Mr Sifiso Dabengwa (Chief Operating Officer), Mr Robert Nisbet (Chief Financial Officer) ), Mr Peter Woicke, Dr Christopher Kolade, Dr Mamphela Ramphele, Ms Koosum Kalyan, Mr Johnson Njeke and Sheik Abduragman Sharbatley, Mr Jan Strydom, Mr Alan van Biljon, Mr Doug Band and Ms Moira Moses.



Messrs Paul Heinamann and Zithulele Cindi will shortly be retiring from the MTN Group Board, thereafter to serve as Non-Executive Directors on Mobile Telephone Networks Pty Limited (MTN South Africa), which will be chaired by Mr Heinamann. Mesdames Irene Charnley and Santie Botha will also retire from the MTN Group Board to focus on certain key regional boards and other operational responsibilities.



The MTN board will also support its new operating and reporting structure, which will comprise three regional focus areas Southern Africa, West / Central Africa and Middle East / East Africa. Mrs Irene Charnley and Mr Christian De Faria have been appointed as regional Vice Presidents responsible for Middle East/ East Africa and West Africa, respectively. A third Vice President, whose appointment will be confirmed shortly, will be responsible for the Southern Africa region. It is likely that there would be further additions to the MTN board and operational structure, upon the unconditional closing of the transaction that MTN has entered into with Investcom LLC.
02 May 2006 09:22:33
(Official Notice)
MTN has reached an agreement that it would make an offer to acquire the entire issued ordinary share capital of Investcom. M1 Ltd has provided MTN with an irrevocable undertaking to accept the cash and shares alternative for the proposed offer. M1 Ltd would become a shareholder in MTN following the proposed transaction and has agreed to a lock-up period of 14 months from the date of issue of MTN ordinary shares it will receive in the proposed offer. MTN shareholders are advised to exercise caution when trading in their securities until such time as a further announcement is made.
07 Apr 2006 09:31:49
(Media Comment)
Commenting on MTN Nigeria damaging Nitel's fibre-optic network, Nitel told Financial Mail that the regularity with which its lines were damaged by MTN is too frequent to be an inadvertent error. MTN claims that it was an accident.
28 Mar 2006 16:27:28
(Media Comment)
MTN has lost the opportunity to acquire a 34% stake in Namibia's sole cellphone telecommunications provider, MTC after the Namibian cabinet decided to sell the shares to Portugal Telecom. According to Business Day, a bid and evaluation process had been under way since the middle of 2005.
23 Mar 2006 09:30:19
(C)
14 Mar 2006 16:10:13
(Official Notice)
MTN is currently finalising its audited financial results for the nine month period ended 31 December 2005, expected to be released on 23 March 2006. The group expects basic headline earnings per share to be between 347c and 364c while adjusted headline earnings per share will be between 328c and 345c for the nine month period ended 31 December 2005. Attributable earnings per share for the nine month period ended 31 December 2005 is expected to be between 340c and 357c.
10 Jan 2006 09:43:12
(Media Comment)
MTN told Business Report on 10 January 2006 that it planned to invest R423.5 million in the first half of 2006 to upgrade its network in Zambia. The group's objective is to cover 70% of the country's population.
20 Dec 2005 13:01:29
(Media Comment)
MTN, along with two other investors, are planning to bid for Egypt's third cellular licence. Business Report noted that MTN would supply the technology while the other two investors would finance the deal.
12 Dec 2005 13:00:49
(Official Notice)
MTN announced the acquisition of a 100% stake in Libertis Telecom ("Libertis"), one of two cellular network operators in Congo Brazzaville for a consideration of USD102.5million.



The country has a population of 3.5 million people with mobile penetration estimated at 13.9%. Libertis provides coverage in various towns to approximately 190 000 subscribers and has a market share of approximately 39%.



The acquisition of Libertis is in line with MTN's strategy to consolidate its position as the leading provider of telecommunications in developing markets and further entrenches its footprint on the African continent.
29 Nov 2005 11:23:39
(Official Notice)
Shareholders are referred to SENS announcements made on 20 October 2005 and 21 November 2005 in respect of MTN's 49% investment in Sherkate Khademate Ertebati-E-IranCell. Following the payment of the up-front licence fee of EUR300 million on 21 November 2005, the Minister of Communications and Information Technology of the Islamic Republic of Iran has now formally issued the second GSM licence to IranCell, effective 27 November 2005. MTN, together with its local partners in IranCell, will now commence with the implementation of the extensive network roll-out in compliance with the licence conditions. Further information will be released in due course.
24 Nov 2005 07:54:27
(Official Notice)
Shareholders are referred to the cautionary announcement released on SENS by MTN on 20 October 2005 in respect of negotiations, which were taking place at that time. Shareholders are advised that the negotiations are no longer ongoing and accordingly caution is no longer required to be exercised by shareholders when dealing in MTN securities.
24 Nov 2005 07:46:50
(C)
23 Nov 2005 11:43:12
(Media Comment)
Commenting on speculation of a potential buy-out of MTN, David Shapiro, an analyst at Sasfin, told Business Report, "Foreign cell firms have to look for high growth. Africa is untapped, which makes it a big attraction, and MTN know their way around, which makes them an easy way to get in."
21 Nov 2005 17:54:29
(Official Notice)
Shareholders are referred to the cautionary announcement released on SENS on 19 September 2005 and on 20 October 2005 advising that MTN had concluded agreements with the local shareholders of Irancell, the provisional licencee for the second GSM licence in the Islamic Republic of Iran, to become a 49% shareholder in Irancell. Shareholders are advised that MTN is now a 49% shareholder in Irancell. In accordance with the rules and regulations of the second GSM licence tender process, the Minister of Communications and Information Technology of the Islamic Republic of Iran called for payment of EUR300 million, being the up- front licence fee, in terms of the payment guarantee provided by MTN. This payment was made to the Ministry of Communications and Information Technology of the Islamic Republic of Iran on 21 November 2005. The Ministry is currently in the process of issuing the licence to Irancell and a further announcement will be made when appropriate. The cautionary announcement in respect of the investment by MTN in Irancell is withdrawn.

15 Nov 2005 17:59:14
(Official Notice)
Shareholders are advised that MTN expects an increase of between 27% and 37% in basic headline earnings per share as well as an increase of between 27% and 37% in adjusted headline earnings per share for the six month period ended 30 September 2005 against the previously reported corresponding period. Attributable earnings per share for the six month period ended 30 September 2005 are expected to increase by between 27% and 37% against the attributable earnings per share reported in the previous corresponding period.
10 Nov 2005 17:08:10
(Official Notice)
Shareholders are advised that MTN has acquired an effective indirect interest of 44% in Mascom Wireless Botswana (Pty) Ltd, a company incorporated and registered in Botswana. Mascom is the leading mobile operator in Botswana with a market share of over 70% and a subscriber base in excess of 440 000. The indirect equity interest in Mascom was acquired for an aggregate consideration of approximately USD128 million, implying an average valuation of USD300 million for 100% of the equity in Mascom. The above transaction has been effected with the full co-operation of the Econet Wireless Group, an existing indirect shareholder in Mascom. This announcement is not related to the cautionary announcement released on SENS on 20 October 2005.

09 Nov 2005 10:03:44
(Media Comment)
MTN is one of the two companies that has been shortlisted for a 34% shareholding in Mobile Telecommunications, Namibia's only cellphone operator, said Business Report on 9 November 2005.
02 Nov 2005 13:38:00
(Media Comment)
Market rumours are that the MTN group may make a bid for an Egyptian cellphone operating licence.
21 Oct 2005 14:48:59
(Media Comment)
MTN has agreed to buy a 49% stake in the Irancell consortium and guaranteed an upfront fee of EUR300 million (R2.4 billion) for a temporary licence. The deal, however, is still contingent on a court ruling between Turkcell and Iran's government. Should the deal succeed, MTN would gain access to a market with major growth potential and position itself for expansion in the Middle East. According to Business Report, failure to secure the licence may put pressure on MTN to scale back on its global goals and pay out some of its cash to shareholders.
20 Oct 2005 17:55:16
(Official Notice)
Shareholders are advised that MTN has entered into negotiations, which if successfully concluded may have a material effect on the price of MTN's securities. These negotiations and consequently this cautionary announcement do not relate to the negotiations referred to in the cautionary announcements released on SENS by MTN on 19 September 2005 and updated on SENS today, 20 October 2005, regarding the potential investment in Irancell. Accordingly, shareholders are advised to exercise caution when dealing in their MTN securities until a further announcement is made.

20 Oct 2005 08:25:37
(Official Notice)
Shareholders are referred to the cautionary announcement released on SENS on 19 September 2005 indicating that MTN had entered into negotiations, which if successfully concluded may have a material effect on the price of MTN's securities. Shareholders are advised that MTN has concluded agreements with the local shareholders of the Irancell consortium to become a 49% shareholder in Irancell. IranCell has been declared the provisional licencee for the second GSM licence in the Islamic Republic of Iran and has at present been awarded a temporary licence by the Minister of Communications and Information Technology of the Islamic Republic of Iran. The licence process requires the payment of an up-front licence fee of Euro 300 million, and MTN has provided a payment guarantee of Euro 300 million to the Minister of Communication and Information Technology of the Islamic Republic of Iran in that respect. This potential opportunity is in line with MTN's vision of becoming the leading telecoms operator in emerging markets, with the Middle East being the natural extension of the MTN's strong existing footprint in Africa. The award of the licence is still subject to certain regulatory approvals and a further announcement will be made in due course.



Further Cautionary Announcement

MTN invited to participate in the IranCell consortium Accordingly, shareholders are advised to continue to exercise caution when dealing in the MTN's securities until a full announcement is made.
18 Oct 2005 14:43:23
(Media Comment)
According to a feasibility study done by a Merrill Lynch analyst, MTN could invest about USD2.6 billion in new growth opportunities without putting unnecessary strain on its balance sheet. As noted in the Business Day, the company would need new investments to keep up its 47.5% rate of return on equity achieved over the past few years.

05 Oct 2005 09:10:38
(Media Comment)
Business Report noted, in an article on 5 October 05, that MTN has set aside EUR270m for a cellphone operating licence in Iran.
04 Oct 2005 10:40:39
(Official Notice)
MTN confirms that it had submitted a prequalification application to the authorities in Tunisia to bid for a stake in Tunisia Telecom. This is one of the first steps in a formal bidding process initiated by the Tunisian authorities and no confirmation can be given at this stage if MTN will submit a formal bid at a later stage. In addition, other expansion opportunities on the continent and the Middle East are continuously being explored by the company. Shareholders are reminded that the company had issued a cautionary announcement on 19 September 2005 indicating that it had entered into negotiations, which if successfully concluded may have a material effect on the price of the company"s securities. Shareholders are advised that this cautionary announcement does not relate to the submission of the prequalification application to the Tunisian Authorities.
22 Sep 2005 15:29:33
(Media Comment)
Business Report confirmed that MTN is currently in negotiations for a stake in Irancell after a fallout between Turkcell and Iranian investors over a license fee payment
19 Sep 2005 17:44:40
(Official Notice)
Shareholders are advised that MTN has entered into negotiations, which if successfully concluded may have a material effect on the price of the company`s securities. Accordingly, shareholders are advised to exercise caution when dealing in the company`s securities until a full announcement is made.
19 Sep 2005 14:46:18
(Media Comment)
Business Report noted that MTN will be meeting Robert Fanjek, a leading member of the Bahraini royal family, on September 20 2005 hoping to set up a partnership that would help the group expand into the Middle East. This might increase MTN`s chances of successfully bidding for lucrative cellular licences, since it would need someone who understands the Middle East market and who can assist the group in getting a foothold in those countries.

08 Sep 2005 09:42:01
(Media Comment)
Business Day noted on 8 September 05 that MTN may create up to 11 000 jobs by March 06 by allowing independent contractors to sell airtime to prepaid customers.
12 Aug 2005 09:31:02
(Official Notice)
Reference is made to the press release of 22 June 2005. MTN Group announced that all the conditions precedent for the acquisition of a 100% interest in Telecel Zambia have been fulfilled.
11 Aug 2005 12:20:56
(Official Notice)
Shareholders are advised that, at the annual general meeting of MTN Group held on 10 August 2005, all the resolutions set out in the notice of annual general meeting dated 9 June 2005 were passed by the requisite majority of shareholders present or represented by proxy.
11 Aug 2005 10:50:06
(Media Comment)
Mtn, in partnership with Standard Bank, has launched SA`s first cellphone bank. Business Day said that new accounts can be opened and transactions done over a cellphone with similar cost structures to Mzansi accounts.
05 Aug 2005 16:02:03
(Official Notice)
The board of directors of MTN Group today appointed Ms SB Mtshali as Group Company Secretary effective from 1 August 2005, succeeding the Acting Company Secretary Mr LC Jooste.
27 Jul 2005 12:26:53
(Official Notice)
As of 30 June 2005, MTN recorded 17 039 000 capable subscribers on its networks operated in South Africa and other African countries. This represents an increase of 8.9% since 31 March 2005, the end of the last reporting period. Compared to 30 June 2004, this represents a 50% year-on-year growth in subscribers (as measured on the previous subscriber definition for the international operations). With effect from 1 July 2005, the group has acquired a 51% interest in Loteny Telecom, a cellular operator in the Republic of Ivory Coast which at present has over 900 000 subscribers on its network and as a result would increase MTN`s total subscribers to close to 18 million. MTN South Africa increased its subscriber base by 5.1% to 8 407 000 subscribers. This consists of 1 457 000 post-paid subscribers and 6 950 000 pre-paid subscribers, with increases of 4.7% and 5.1% since 31 March 2005 respectively. Blended average revenue per user per month (ARPU) reduced in line with expectations to R169.00. Pre-paid ARPU of R88.00 and post-paid ARPU of R555.00 were recorded.
25 Jul 2005 13:49:56
(Official Notice)
MTN is planning to release its subscriber numbers for the quarter ended 30 June 2005 on Wednesday, 27th July 2005 at around 12h00 SA time.
14 Jul 2005 15:49:03
(Official Notice)
Shareholders are advised that the company`s annual financial statements for the year ended 31 March 2005 will be posted to shareholders on 16 July 2005 and contain no modifications to the audited results which were published on 9 June 2005. The annual general meeting of MTN shareholders will be held at the MTN Innovation Centre, 14th Avenue, Fairlands, Gauteng on Wednesday, 10 August 2005 at 09h00.
05 Jul 2005 16:11:33
(Official Notice)
MTN Group has today announced that all the conditions precedent for the acquisition of a 51% interest in Loteny Telecom, trading under the name of Telecel Cote d`Ivoire in the Republic of Cote d`Ivoire, have been fulfilled. The acquisition is effective 1 July 2005 on which date MTN Group, via a subsidiary, assumes control of the operation. The operation has in excess of 800 000 subscribers and a market share in excess of 46%. This acquisition is in line with MTN Group`s vision to become the leading telecoms operator in emerging markets and its geographic and strategic footprint in West Africa has now been expanded and consolidated.
22 Jun 2005 12:44:34
(Media Comment)
Business Day`s front page article noted that MTN is currently in talks with the Iranian government for a second cellular network licence.
22 Jun 2005 08:55:49
(Official Notice)
In line with its vision to be the leader in telecommunications in developing markets and its commitment to growing shareholder value, the MTN Group has announced that it has entered into agreements to acquire significant stakes in two GSM networks in Cote d`Ivoire and Zambia, respectively. MTN Group has entered into an agreement to acquire a 51% stake in Loteny Telecom, trading under the name Telecel Cote d`Ivoire. Telecel Cote d`Ivoire is one of two operators in Cote d`Ivoire. The operation has in excess of 800 000 subscribers and a market share in excess of 46%. The transaction is subject to minor conditions, however, regulatory approval has been obtained. MTN Group has also entered into an agreement to acquire 100% of Telecel Zambia which is one of three network operators in Zambia. The acquisition of Telecel Zambia is subject to regulatory and competition approval from the relevant authorities. These transactions will further entrench the MTN Group`s footprint in west and southern Africa, where it already has operations in Nigeria, Cameroon, South Africa, Uganda, Rwanda and Swaziland. This would raise the MTN Group`s total number of operations to eight and increase the total subscriber base to over 16 million. Says Phuthuma Nhleko, MTN Group CEO: `We are very pleased with these transactions, which are in line with the MTN Group`s expansion strategy of consolidating our position on the continent. We are confident that the two transactions hold very positive growth prospects for the group.`
09 Jun 2005 18:15:53
(Official Notice)
Reference is made to the announcements dated 18 April, 22 April and 9 May 2005 in respect of legal proceedings in the English High Court against Celtel International B.V. and Dr Mohammed Ibrahim, whereby MTN obtained disclosure of certain information and documents. The board of directors of MTN has resolved that it is in MTN`s long-term best interests not to pursue further legal proceedings at this stage. Accordingly, shareholders are no longer required to exercise caution when dealing in MTN securities.
09 Jun 2005 18:00:03
(C)
20-Sep-2017
(X)
MTN is a leading emerging markets mobile operator at the forefront of global technological changes. From MTN's headquarters in Johannesburg and guided by the Group's values, it is delivering a bold, new Digital World to the group's 232 million customers across Africa and the Middle East. In just over two decades, through MTN's extensive investment in advanced communication infrastructure and by harnessing the talent of its people, the Group has grown rapidly to offer voice, data and digital services to retail customers in the 22 countries in which MTN's operations have telecoms licences. The Group also offers enterprise solutions to corporate and public sector customers in a total of 24 countries. MTN's brand is among the most admired brands in Africa as well as among the most valuable African brands.


Send e-mail to for any enquiries or see Contact Details for phone numbers
Home   •   Terms & conditions   •   PAIA   •   Privacy Policy   •   Security Notice   •   Contact Details
Market Statistics are calculated by Sharenet and are therefore not the official JSE Market Statistics. The calculation/derivation may include underlying JSE data.
© 2017 SHARENET (PTY) Ltd, Cape Town, South Africa
Best in 800x600 with IE6 or Mozilla Firefox