South Africa's MTN Group is a multinational telecommunications company that operates in more than 20 countries and is the leading mobile operator in Africa. In 2023, MTN generated over 4 billion U.S. dollars in revenue in Nigeria, a significant decrease compared to the previous year. In South Africa, MTN generated some 2.8 billion U.S. dollars in revenue in the same period.
Revenue of MTN Group from 2019 to 2023, by country
(in million U.S. dollars)
Year ended December 31st. Figures for 2023 were converted from South African Rand (ZAR) to USD at the exchange rate of 1 ZAR - 0.05464 USD (December 31, 2023) Figures for 2022 were converted from South African Rand (ZAR) to USD at the exchange rate of 1 ZAR - 0.05876 USD (December 31, 2022). Figures for 2019 to 2021 were converted from South African Rand (ZAR) to USD at the exchange rate of 1 ZAR - 0.06267 USD (December 31, 2021).
* Figures in the West and Central African "Other" category include markets other than Ghana, Cameroon and Ivory Coast. Figures in the South and East African "Other" category include markets other than Uganda and Zambia. Figures in the Middle East and North Africa "Other" category include markets other than Afghanistan and Sudan. ** MTN Group exited the Syrian market in 2021.
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MTN Group. (September 23, 2024). Revenue of MTN Group from 2019 to 2023, by country (in million U.S. dollars) [Graph]. In Statista. Retrieved January 23, 2025, from https://www.statista.com/statistics/1074521/mtn-group-revenue-by-country-region/?__sso_cookie_checker=failed
MTN Group. "Revenue of MTN Group from 2019 to 2023, by country (in million U.S. dollars)." Chart. September 23, 2024. Statista. Accessed January 23, 2025. https://www.statista.com/statistics/1074521/mtn-group-revenue-by-country-region/?__sso_cookie_checker=failed
MTN Group. (2024). Revenue of MTN Group from 2019 to 2023, by country (in million U.S. dollars). Statista. Statista Inc.. Accessed: January 23, 2025. https://www.statista.com/statistics/1074521/mtn-group-revenue-by-country-region/?__sso_cookie_checker=failed
MTN Group. "Revenue of Mtn Group from 2019 to 2023, by Country (in Million U.S. Dollars)." Statista, Statista Inc., 23 Sep 2024, https://www.statista.com/statistics/1074521/mtn-group-revenue-by-country-region/?__sso_cookie_checker=failed
MTN Group, Revenue of MTN Group from 2019 to 2023, by country (in million U.S. dollars) Statista, https://www.statista.com/statistics/1074521/mtn-group-revenue-by-country-region/?__sso_cookie_checker=failed (last visited January 23, 2025)
Revenue of MTN Group from 2019 to 2023, by country (in million U.S. dollars) [Graph], MTN Group, September 23, 2024. [Online]. Available: https://www.statista.com/statistics/1074521/mtn-group-revenue-by-country-region/?__sso_cookie_checker=failed
