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MTNN

MTN NIGERIA COMMUNICATIONS PLC

MTNN · NGX · ICT
₦837.00
— ₦0.00 (0.00%)
₦837.00 ₦845.67 ₦854.33 ₦863.00 ₦837.00 Sep 30 Oct 01 Oct 02
Day range
—
Year range
₦425.00 – ₦915.00
Open
₦837.00
Previous close
₦837.00
Market cap
₦17.57T
Volume (24h)
₦222.4K
Volume (52w)
₦24.17M
Performance
7D
▼ -3.01%
1M
▲ 3.72%
1Y
▲ 96.94%
YTD
▲ 63.80%
Key statistics
P/E ratio
61.41
EPS (TTM)
₦13.63
Dividend yield
0.60%
Dividend (TTM)
₦5.00
Payout ratio
—
Shares outstanding
21.0B
About MTN NIGERIA COMMUNICATIONS PLC

MTN Nigeria Communications PLC, a subsidiary of the South African multinational telecommunications giant MTN Group, commenced operations in Nigeria in 2001 after being awarded one of the nation's first GSM licenses, though it was incorporated in 2000. This marked a pivotal moment in Nigeria's telecommunications history, introducing widespread mobile communication and contributing significantly to the country's digital and economic evolution. As a key player within the broader MTN Group, which maintains a presence across 19 countries in Africa and the Middle East, MTN Nigeria has grown to become a leading force in the Nigerian telecommunications sector, with its operations directly managed by MTN International (Mauritius) Limited. The company's core business revolves around providing a comprehensive suite of telecommunication services across Nigeria, serving both individual consumers and businesses. Its offerings include essential voice communication, robust data plans, internet access, and innovative mobile money solutions. MTN Nigeria also delivers various value-added services such as airtime lending and subscriber identity module (SIM) backup, alongside digital services like Unstructured Supplementary Service Data (USSD), Interactive Voice Response (IVR), and e-commerce functionalities. The company consistently invests in upgrading its network infrastructure, providing 4G and 5G technologies, and ensures extensive coverage throughout Nigeria's urban and rural landscapes.

Country: Nigeria
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