View Full Version : MTN Group

04-02-2012, 11:01 AM
MTN Group is a South Africa-based multinational mobile telecommunications company, operating in many African and Middle Eastern countries. Its head office is in Johannesburg.

MTN Group's President and CEO is RS Dabengwa (from 1 April 2011). The company sponsored the CAF Champions League football competition as well as APOEL F.C., winners of the Cypriot First Division in 2009 and participants in the 200910 UEFA Champions League.

On 18 March 2010, it was announced that MTN signed a sponsorship deal with English football Giants Manchester United F.C.

Source: Wikipedia (http://en.wikipedia.org/wiki/MTN_Group)


Older information:

Founded in 1994
M-Cell incorporated in South Africa and owned 25% of MTN Holdings.

1995 - 1996
M-Cell converted to a public company with investments that include a 25% shareholding in MTN Holdings and a 60% shareholding in M-Tel (now MTN Service Provider)
MTN Holdings acquired Service Provider M-Tel
MTN International expands into Africa, acquiring licences in Uganda, Rwanda and Swaziland

1997 - 1999
MTN International expands into Africa, acquiring licences in Uganda, Rwanda and Swaziland
MTN South Africa awarded ISO 9001 accreditation for network
MTN South Africa awarded ISO 14001 accreditation for environmental management
M-Cell increase its stake in MTN Holdings to 72%

Between 2000 - 2001, MTN acquired licences in Cameroon and Nigeria
2002 M-Cell was renamed as the MTN Group Limited to reinforce African presence and awareness of the brand
In 2004 MTN celebrated 10 years of operation recording over 10 million subscribers
In 2005, MTN recorded more than 20 million subscribers and 11 cellular network operations (10 in Africa and one in the Middle East)
One of six listed companies in the emerging markets index for Europe, the Middle East and Africa
Market capitalisation of around US$ 17 billion
The MTN Group's total global assets were R44.8 billion as at 31 December 2005

Source: Mybroadband (http://mybroadband.co.za/vb/showthread.php/226943-MTN)

Fritz Anglers
05-02-2012, 03:45 PM
Now I know why MTN is such a rich company !!! They steal every day from unexpected new customers ?? I wanted to change from iBurst to MTN and bought a fast link on line on 2 march 2012 from MTN . This was delivered on 6 March 2012 and immediately activated as indicated by MTN . It only got RICA on 13 March 2012 .Then I still was not able to connect to any internet program.

With the help from another forum member on 16 March 2012 (evening) I got my settings correct and was able to use my new faster MTN modem.

The end of March I got a invoice for an amount of R184.97 . That was more than my original contract amount of R149.00 . Yet did not report it immediately . Payment went of my bank account on 30 March . On 16 April I again receive an invoice in the mail for an amount due of R258.04 this was very strange to me and then queried it . After weeks of this info and the nother person giving me other info .

I am today told that on the first month I did not receive my contract 2gb for March (its MTN policy) and the original amount was the mb I used more as my pro rata for March . Only on 14 April I again got another 2gb and the April account was for the amount I went over the 2gb I supposedly received on 14 March 2012 .

I looked in all documents received from MTN on this contract and even their original ad on their website . No where did they mention one only receive firstly a portion of your contracted 2gb on the 13/14th of a month ??? No where did they mention that any one only receive a portion of a contracted 2gb ,pro rata for a few days of a month ?

The interesting part is that when I checked my MTN usage report yesterday for the first time since I stopped using it on 20 April 2012 . It showed I got 2gb for March and another 2 gb for April 2012 According to my usage report I used 1840.63 mb for March and 1098.33 for April 2012 . Yet the invoices is for almost 1.3 gb that I went over my allocated amount of 2 gb .

Can any one explain such crazy policy to me ????? Then may be I can stop thinking that MTN is the largest bunch of crooks I have ever had the not to pleasant dealings with . In 45 years ?????