MTN Nigeria Communications PLC

MTNN.LG – THE NIGERIAN STOCK EXCHANGE

Business Description

Nigeria Integrated Telecommunications Services Communication Services

MTN Nigeria Communications Plc is a Nigeria-based company, which is engaged in the business of building and operating Global System for Mobiles (GSM) Cellular Network Systems and other related services nationwide in Nigeria. The Company offers broadband fixed wireless access service, telecommunication services and mobile financial services respectively. The Company operates through three segments: Consumer Business Unit, Enterprise Business Unit and Wholesale Business Unit. The Consumer Business Unit segment consists of subscribers sitting on value propositions and tariff plans dedicated to three sub segments: Youth, High Value and Mass segments. The Enterprise Business Unit segment provides its products and services to corporate and small medium organizations to serve their everyday business needs. The Wholesale Business Unit segment serves customers who buy telecom products in bulk with the intention of re-selling these products (mobile or fixed) to their external clients.

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