Pulse List: 10 unbelievable things you didn't know about MTN

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A man speaks on a mobile phone as he walks past a MTN shop at a shopping mall south of Johannesburg June 6, 2012. REUTERS/Siphiwe Sibeko

A lot has been made of the fine and the consequences on the South Africa-based company but a lot of people barely know more than just the basics about Africa’s largest telecoms company.

Telecoms giant MTN Nigeria has constantly been in the news for the past few weeks over the $5.2 billion fine imposed on it by the NCC.

 

A lot has been made of the fine and the consequences on the South Africa-based company but a lot of people barely know more than just the basics about Africa’s largest telecoms company.

 

Here are 10 things you didn’t know about MTN:

  • The MTN Group was established in South Africa in 1994.

  • It was originally called M-Cell and was the only competition to Vodacom.

  • MTN was the second company in the world to implement the Pay As You Go system.

  • MTN began expanding into other parts of Africa in 1997 starting with Rwanda, Uganda, and Swaziland.

  • MTN expanded into Nigeria in 2001.

 

READ: NCC says $5.2 billion fine remains

  • MTN is present in 21 countries across the world.

  • According to Bloomberg, MTN is the largest distributor of music in Nigeria, more than Apple Music and other streaming platforms.

  • MTN was the first-ever global sponsor of the FIFA World Cup from Africa when it sponsored the 2010 World Cup held in South Africa.

 

  • According to the Financial Times, Bharti Airtel tried to buy MTN Group for $19 billion in 2008 but the deal fell through at negotiation.

  • MTN are sponsors of the first African international cycling team – the MTN Qhubeka.