Posted on :
15 Nov, 2012
15 Nov, 2012
MTN is listed on the Johannesburg Stock Exchange (JSE) under the share code “MTN” and enjoys approximately 37% of market share in South Africa. The company provides voice, data and telemetry offerings and solutions to its 20 million customers in South Africa.
About 60% of MTN South Africa’s population is covered by 3G network technology, covering speeds of up to 42Mbps, while over 98% has 2G and Edge coverage.
MTN has always being at the forefront of innovation. In 1996, MTN was the first company to pioneer the pre-paid solution and is the first company to launch the highly acclaimed MTN Zone, the dynamic tarriffing billing system.
Thanks to the enhanced MTN Zone and prepaid data offerings among others, MTN’s prepaid customers have soared to over 17 million customers.
MTN South Africa has also invested in the Eastern Africa Submarine Cable System (EASSy),a fiber optic cable system that links South Africa and the east coast of Africa with Europe.
In July this year, MTN South Africa reaffirmed its technological leadership by announcing a pilot of the Long Term Evolution (LTE) network around Gauteng. The pilot is the largest LTE rollout of its scale in Africa and spans the business hub of Gauteng with over 100 sites.
As a caring and responsible corporate citizen, MTN has put in place measures to ensure that its carbon footprint is very minimal. Being aware of the negative impact of climate change in its operations, MTN South Africa has embarked on an extensive greening initiative that reduces its energy consumption.
For example, MTN has built a methane powered tri-generation plant, the first of its kind in Africa, that provides power its head office in Johannesburg.
In the remote village of Riemvasmaak in the Northern Cape, MTN built two off-grid wind and solar powered base stations for this community that has, until now, lacked any telephony connectivity. The Riemvasmaak community were co-opted in the building of the sites, thus contributing to their economic well-being.