MTN Group

Investor type

VC

Founded

1994

AUM

$250 000 M

Location

Johannesburg, Gauteng, South Africa

$10-50 m

Investment Ticket

3-5 years

Investment Horizon

Series B, Seed

Investment Stage

Sale to strategic investor, IPO

Exit Strategy

Investor profile last updated: 27 July, 2026

Profile

MTN Group is a prominent multinational telecommunications company based in Johannesburg, South Africa, founded in 1994. It serves over 288 million customers across 18 countries in Africa and the Middle East, making it one of the largest mobile network operators on the continent. The company is publicly listed on the Johannesburg Stock Exchange under the ticker MTN.

MTN offers a wide range of telecommunications services, including mobile voice and data services, internet services as a tier-one ISP, and a mobile money platform with over 20 million subscribers. The company also provides value-added services such as messaging apps and telemetric applications, along with affordable handsets to enhance accessibility. MTN's customer base includes individual consumers, small and medium enterprises, and large corporations, promoting digital inclusion through its services. The company is committed to corporate social responsibility and innovation, supporting community development initiatives and environmental management.

Industry

Digital Financial Services Mobile/Apps Telecommunications Business Services (B2B) Consumer Services (B2C) Fintech Technology

Region of investment

Middle East Africa

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FAQs about MTN Group

MTN Group is located in Johannesburg, Gauteng, South Africa.
MTN Group was founded in 1994.
MTN Group invests in companies and startups in Digital, Financial Services, Mobile/Apps, Telecommunications, Business Services (B2B), Consumer Services (B2C), Fintech, Technology.
MTN Group invests in companies and startups in Middle East, Africa.
MTN Group invests in companies and startups at Series B, Seed.
MTN Group usually invests $10-50 m on average.
MTN Group has around $250 000m assets under management.