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As of June 2017, there were an estimated 20.4 million mobile subscribers out of an estimated population of 39.6 million; [10] a 51.5 percent penetration rate. [11] By March 2018, the number of mobile phone users had increased to 24.8 million, a 70.9 percent penetration rate. [12]
On 27 May 2024, MTN Group floated the shares that did not sell in the IPO in order to comply with the regulatory requirement not to own more than 80 percent of MTN Uganda. The secondary offer was 130 percent over-subscribed. The table below illustrates the shareholding in the company as of 20 June 2024, when the data was released. [28] [29]
MTN Group sponsored the CAF Champions League football competition, as well as APOEL FC, winners of the Cypriot First Division in 2009, 2011, 2013 and 2014, and participants in the 2009–10 and 2011–12 UEFA Champions League. [82] On 18 March 2010, it was announced that MTN signed a sponsorship deal with English football club Manchester United ...
Two decades of evolution of mobile phones, from a 1992 Motorola DynaTAC 8000X to the 2014 iPhone 6 Plus. A mobile phone, or cell phone, [a] is a portable telephone that allows users to make and receive calls over a radio frequency link while moving within a designated telephone service area, unlike fixed-location phones (landline phones).
MTN group, through their spokesperson, said, "Pursuant to the ongoing engagement with the Nigerian authorities, MTN Nigeria has today (yesterday), made an agreed payment of N50 billion ($250 million) to the Federal Government of Nigeria on the basis that this will be applied towards a settlement, where one is eventually, and hopefully, arrived at.
A typical SIM card (mini-SIM with micro-SIM cutout) A SIM card or SIM (Subscriber Identity Module) is an integrated circuit (IC) intended to securely store an international mobile subscriber identity (IMSI) number and its related key, which are used to identify and authenticate subscribers on mobile telephone devices (such as mobile phones and laptops).
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