Telecommunication services: approx. 60%
Data services: approx. 25%
Financial services: approx. 10%
Other services: approx. 5%

TOP 3 Markets:
Nigeria: approx. 85%
Ghana: approx. 10%
South Africa: approx. 5%

MTN Nigeria Communications PLC generates the majority of its revenue from the telecommunication services sector, including voice and SMS services. A growing portion comes from data services, attributed to the increasing internet usage and expansion of digital infrastructure. Financial services, such as Mobile Money, are also gaining importance.

Nigeria is the company's main market, driven by its strong market presence and large population. Ghana and South Africa follow as other significant markets, with their share in these countries being significantly lower.

Production Sites: Nigeria

MTN Nigeria Communications PLC is mainly active in the telecommunications sector and offers mobile services. The company does not produce physical products in the traditional sense, but operates a network of mobile services. The infrastructure and services are provided and operated in Nigeria.

MTN Nigeria continuously invests in improving and expanding its network infrastructure within the country to enhance service quality and expand network coverage.

Revenue Growth: 20% (estimated 2024)
Infrastructure Investments: 1.5 billion USD (2024)

MTN Nigeria Communications PLC is pursuing a growth strategy that heavily focuses on expanding its infrastructure and improving network coverage. The company plans to make significant investments in expanding 5G networks to meet the increasing demand for faster and more reliable internet.

Additionally, MTN Nigeria is focusing on increasing customer satisfaction through improved service offerings and digital innovations. This includes the introduction of new digital financial services to expand access to mobile financial solutions.

Another strategic focus is on diversifying revenue sources through partnerships and collaborations with technology companies to explore new business fields and expand the existing service portfolio.

Main Imported Materials: Telecommunications equipment, network technology

Countries of Origin: China, USA, Europe

MTN Nigeria Communications PLC mainly imports telecommunications equipment and network technology necessary for the expansion and maintenance of its infrastructure. Most of these materials come from China, which is a significant manufacturer of telecommunications hardware.

In addition, specialized technologies and software solutions are imported from the USA and Europe to expand network capacities and offer innovative services. These imports are crucial to ensure the competitiveness of MTN Nigeria in the rapidly growing Nigerian telecommunications market.

Market share: 38% (2024, estimate) Revenue growth: 8.5% (2024) EBITDA margin: 52% (2024)

MTN Nigeria Communications PLC has a significant competitive advantage in the Nigerian telecommunications market. With an estimated market share of 38% in 2024, the company is the leading provider in the region. This strong market position allows MTN Nigeria to benefit from economies of scale and offer its services more efficiently than smaller competitors.

The revenue growth of 8.5% in 2024 shows that the company continues to be able to increase its income, despite a saturated market. Another indicator of the competitive advantage is the high EBITDA margin of 52%, which indicates effective cost control and strong pricing power.

In addition, MTN Nigeria is continuously investing in improving its network infrastructure and innovative digital services, further strengthening its competitive position. These investments are crucial to meet the increasing demands of customers and maintain market leadership.

Institutional Investor Share: approximately 60% (estimated for 2025)
Insider Buys/Sells: No significant transactions reported in 2025

The institutional investor share in MTN Nigeria Communications PLC remains stable at around 60%. This demonstrates the continued trust of institutional investors in the company's long-term growth prospects.

In 2025, no significant insider buys or sells were reported, indicating a stable internal assessment of the company's development. Such transactions could be an indicator of management's confidence in the company's future performance.

Market share of MTN Nigeria Communications PLC: approximately 38% (2025, estimate based on historical data and market trends)

Major competitors and their market shares:

1. MTN Nigeria Communications PLC: approximately 38%
2. Airtel Nigeria: approximately 27%
3. Glo Mobile: approximately 23%
4. 9mobile: approximately 10%
5. Other smaller providers: approximately 2%

MTN Nigeria Communications PLC is the leading telecommunications provider in Nigeria, holding a significant market share of around 38%. This gives the company a strong competitive advantage, especially through its extensive network coverage and high number of subscribers.

MTN Nigeria's moat is derived from several factors: extensive network coverage, strong brand recognition, and the ability to make substantial investments in infrastructure. These factors make it difficult for new market entrants to penetrate the market and gain significant market share.

Airtel Nigeria and Glo Mobile are the largest competitors, also possessing considerable resources and market shares. Airtel Nigeria has strengthened its position through aggressive pricing strategies and marketing campaigns. Glo Mobile excels in innovative data packages and a strong focus on the data market.

Overall, MTN Nigeria has a significant moat compared to its competitors, but the competition is intense, and competitors are continuously investing in their networks and services to gain market share.

Revenue Growth: 18% (2024) Net Income Growth: 20% (2024) Market Share in Nigeria: 37% (2024)

MTN Nigeria Communications PLC recorded strong revenue growth of 18% in 2024, attributed to increased demand for telecommunications services and successful expansion into rural areas. The company also achieved an impressive net income growth of 20%, indicating efficient cost controls and an improved margin structure.

With a market share of 37%, MTN Nigeria remains the leading provider in the Nigerian telecommunications sector. Continuous investments in network infrastructure and the introduction of new digital services further strengthen the company's competitive position.

Given these positive developments and strong market position, MTN Nigeria stock could present an attractive investment opportunity, especially for investors interested in long-term growth in the African telecommunications market.

Dividend Yield: 5.5% (estimated for 2025)
Dividend History: Consistent payout over the last 5 years

MTN Nigeria Communications PLC has regularly distributed dividends to its shareholders in recent years. The dividend yield for 2025 is estimated to be around 5.5%, based on past payouts and current market trends.

The company has a solid dividend history and is considered a reliable dividend payer. The consistent payouts over the last five years demonstrate the financial stability and commitment of the company to returning a portion of profits to shareholders. Analysts expect MTN Nigeria to continue being able to pay dividends, supported by a stable business model and a strong market position in the telecommunications industry.