(formely M-Cell Limited) - Business Report 2003 - MTN Group
(formely M-Cell Limited) - Business Report 2003 - MTN Group
(formely M-Cell Limited) - Business Report 2003 - MTN Group
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<strong>MTN</strong> <strong>Group</strong> profile<br />
<strong>MTN</strong> GROUP LIMITED (FORMERLY M-CELL LIMITED) IS AN AFRICA-FOCUSED HOLDING COMPANY<br />
THAT INVESTS IN THE COMMUNICATIONS SECTOR. THE GROUP OPERATES THREE BUSINESS<br />
DIVISIONS: <strong>MTN</strong> SOUTH AFRICA, <strong>MTN</strong> INTERNATIONAL AND STRATEGIC INVESTMENTS.<br />
<strong>MTN</strong> GROUP IS LISTED ON THE JSE SECURITIES EXCHANGE SOUTH AFRICA (JSE) UNDER THE<br />
INDUSTRIAL – NON-CYCLICAL SERVICES – TELECOMMUNICATIONS SERVICES SECTOR.<br />
<strong>MTN</strong> SOUTH AFRICA<br />
<strong>MTN</strong> South Africa operates through <strong>MTN</strong><br />
Network Operator and <strong>MTN</strong> Service Provider.<br />
Launched in 1994, <strong>MTN</strong> Network Operator is<br />
South Africa’s second largest cellular network<br />
operator, having 4 723 000 capable subscribers<br />
at the end of the period under review.<br />
The company’s GSM network has approximately<br />
4 100 sites covering 19 200 km of road,<br />
900 000 km 2 of land, and provides access to 96%<br />
of South Africa’s population. <strong>MTN</strong> South Africa<br />
has a 41% interest in service provider i-Talk, a<br />
36% interest in Leaf, an application provider, and<br />
a 30% interest in e-Bucks, a customer retention<br />
company.<br />
<strong>MTN</strong> INTERNATIONAL<br />
<strong>MTN</strong> International offers cellular network access<br />
and associated services through its subsidiaries<br />
and joint ventures in Nigeria, Cameroon,<br />
Uganda, Rwanda and Swaziland. <strong>MTN</strong><br />
International’s objective is to stimulate<br />
communications development in Africa using<br />
the GSM network as a platform. It has a combined<br />
total of 2 004 000 subscribers across its networks<br />
at year-end and is the leading mobile operator<br />
in all the markets in which <strong>MTN</strong> International<br />
operates.<br />
STRATEGIC INVESTMENTS<br />
Strategic Investments’ objective is to consolidate<br />
development of the <strong>Group</strong>’s investments in<br />
related non-mobile businesses. It operates<br />
through three key businesses:<br />
● Orbicom, Africa’s largest commercial satellite<br />
signal distributor, offering a range of satellite<br />
broadcast and data network management<br />
services in over 10 countries in Africa.<br />
● <strong>MTN</strong> Network Solutions is one of four<br />
tier-one internet service providers in the<br />
country. It facilitates the Internet and<br />
corporate connectivity to the <strong>MTN</strong> cellular<br />
network.<br />
● Airborn, a division of <strong>MTN</strong> Network Operator,<br />
is focused on providing instant access to content<br />
on-the-move through enabling technologies<br />
such as instant two-way wireless messaging.<br />
A glossary of terms and acronyms utilised in this report is provided on page 53.<br />
PAGE 2<br />
<strong>MTN</strong> BUSINESS REPORT <strong>2003</strong>