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2018

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2018

The Ministry of Secondary Education adopts MTN Mobile Money for the payment of tuition and ancillary fees

MTN, leader in Electronic Communications in Cameroon announces the signature of a Memorandum of Understanding (MoU) with the Ministry of Secondary Education (MINESEC) for the use of its Mobile Money solution for the payment of school fees and related charges in Cameroonian secondary schools.

This Agreement was signed on 1 June 2018 in Yaounde by the Minister of Secondary Education, Madame Nalova LYONGA Pauline Egbe and Chief Executive Officer (CEO), Saim YAKSAN on behalf of MTN, in presence of several government officials. During the same ceremony, the Minister equally signed similar MoUs with other Fintech operators, namely, Orange Cameroun, Express Union, and Campost.

The Partnership between Cameroon’s Ministry of Secondary Education and MTN is in line with the public-private partnership to build an inclusive Digital Economy in Cameroon. Henceforth, parents will no more have to move and spend hours in queues to be able to pay their children’s school fees. They will now be able to pay remotely through their mobile phones at any time and from any location. This evolution will also enhance the transparency and traceability in the collection of school fees by secondary schools. This will enable the Ministry of Secondary Education to considerably improve the quality of its services provided to the Educative Community.

For Saim YAKSAN, CEO of MTN Cameroon, “This agreement participates in the reinforcement of the public-private partnership in the domain of inclusive digital economy in Cameroon, beginning with Education, a key sector that characterizes Government’s action.” He continues, noting that “At MTN, we are proud to count the Ministry of Secondary Education amongst the State organs that rely on solutions by MTN Mobile Money to improve their services”.

Launched in 2010, MTN Mobile Money is an innovative and a secure payment service. Born from the latest technological advancements and convergence of telephony services as well as means of payment, MTN Mobile Money transforms the mobile phone into an electronic wallet. Today, Mobile Money is used by thousands of Cameroonians to pay electricity bills, do purchases, pay tuition fees, buy airtime, transfer money, pay-TV subscriptions and buy goods as well as services at supermarkets and major accredited shops.MTN, leader in Electronic Communications in Cameroon announces the signature of a Memorandum of Understanding (MoU) with the Ministry of Secondary Education (MINESEC) for the use of its Mobile Money solution for the payment of school fees and related charges in Cameroonian secondary schools.

The High Commission of South Africa and MTN Celebrate Nelson Mandela Day in Cameroon

MTN Foundation, the very first corporate foundation in Cameroon is pleased to announce that it is joining the international community to celebrate the tenth edition of Mandela Day, this 18 July 2018. On this occasion, the personnel of the South Africa High Commission to Cameroon and Friends of the MTN Foundation visited the Fondation FACT at the Essos neighborhood in Yaounde.

The delegation was led by the South Africa High Commissioner to Cameroon, Her Excellency Kgomotso Magau Ruth. In view of contributing to improve the welfare of the over fifty inmates of this establishment, the visitors donated foodstuffs, medicines, beds, mattresses and other basic necessities to improve the living conditions of the orphans.

“Let me seize this opportunity to laud all those who, like you and your team courageously work daily and willingly devote their life to improve the living conditions of the underprivileged children,” declared Richard Ashu on behalf of Friends of the MTN Foundation while addressing officials of Fondation FACT. “By doing so, you are the heroes inspired by the vision of Nelson Mandela on solidarity,” he added.

Mandela Day was instituted in 2009 by UNESCO to celebrate such values and encourage selflessness for the general interest as advocated by Nelson Mandela. This Day is commemorated on 18 July of each year, the birthday of Nelson Mandela, and which in 2018 coincides with the centenary of his birth.

Apart from the Club of Friends of the Foundation, MTN Cameroon employees were called upon to carry out a charitable action of their choice on Wednesday 18 July 2018, to celebrate Mandela, who teaches us that, “it is always time to do good”. An invitation to which MTNers positively respond each year, since 2009, by supporting needy communities throughout the country.MTN Foundation, the very first corporate foundation in Cameroon is pleased to announce that it is joining the international community to celebrate the tenth edition of Mandela Day, this 18 July 2018. On this occasion, the personnel of the South Africa High Commission to Cameroon and Friends of the MTN Foundation visited the Fondation FACT at the Essos neighborhood in Yaounde.

MTN Cameroun annonce une réorganisation structurelle de ses équipes opérationnelles pour mieux servir ses partenaires

MTN Cameroon, leader of the telecommunications market in Cameroon, announces the structural reorganization of its operational teams in a bid to enhance its efficiency, become more customer-centric, and ensure future growth.

Within a rapidly changing telecommunications industry, MTN Cameroon needs to readjust its operational model in order to reinforce its competitiveness. With this structural reorganization, the company is transforming into a more agile organization focused on two main objectives: 1- better serve and satisfy an increasingly demanding customer base who seeks more performing services; 2- be at the forefront of technological innovations needed by the Digital Economy in Cameroon.

In effect, the reorganization needs a change of the structure within the company’s operational teams. In addition, framing down the organization by 10% was required to assure focus and executional excellence. MTN Cameroon effectuated the redundancy within the ambit of Cameroonian legislature, under the supervision of the Ministry of Labour and Social Security, and in collaboration with Employee Delegates and Unions.

MTN Cameroon thanks the Government who permitted and accompanied this reorganization, which was indispensable for MTN to maintain its role as a key partner in the development of telecommunications and Digital Economy in Cameroon. The company also remains committed to providing Cameroonians with simple, innovative and affordable solutions that meet their communication needs and make their lives brighter.MTN Cameroon, leader of the telecommunications market in Cameroon, announces the structural reorganization of its operational teams in a bid to enhance its efficiency, become more customer-centric, and ensure future growth.

MTN Cameroun révolutionne le streaming vidéo avec Yabadoo

MTN Cameroon, the leader of electronic communications in Cameroon, announces the launch of a video streaming service codenamed Yabadoo.

This is a diversified, simple and affordable service that includes live TV, movies, and series, revolutionizing local video content offering to be consumed online. As far as TV is concerned, available to customers are local TV stations of reference such as CRTV, Canal2 International, STV, Vision4, LTM. There are also packages on news, entertainment and for youth, with channels such as AfricaNews, France24, TV5, Vox Africa, Manga TV, Fashion TV, Sports TV, Nina TV, Canal2 Movies, etc.

For series and feature movies, the huge successes of Marvel’s kinematic universe are available, as well as James Bond, John Wick, Transformers, “Moi Moche et Méchant”, “l’Age de glace”, Very Bad Trip, Saw, Game of Thrones, Breaking Bad, Dexter, The Walking Dead, Flash, Prison Break, Arrow and others.

Access to Yabadoo content is through the Yabadoo application available by free download on Android and iOS mobile systems. MTN Cameroon subscribers can access Yabadoo by connecting to the leading operator’s mobile internet network. The design quality and ergonomics of this mobile application provide users with a pleasant experience.

In addition, Yabadoo is a revolution because the service offers quality content at affordable tariffs: from 100 FCFA for TV channel packages, 350 FCFA for feature movies and 500 FCFA for a series. Better still, content streaming via the application does not consume the user’s internet bundle.

With this new offer, MTN Cameroon provides its subscribers with quality local and international content to be consumed on the fastest 4G network in Cameroon. For producers and media houses, it is a platform that enables them to widen their audience and improve their revenue. With Yabadoo, MTN reaffirms its position of catalyst in the development of a real digital economy in Cameroon.MTN Cameroon, the leader of electronic communications in Cameroon, announces the launch of a video streaming service codenamed Yabadoo.

#WorldWaterWeek: MTN rejoint la communauté internationale en faveur de l'accès à l'eau potable

MTN Group joins the international community to celebrate, from 27 to 31 August 2018, World Water Week under the theme: “Water, ecosystems and human development.” Organized every year by the Stockholm International Water Institute (SIWI), World Water Week is the focal point of discussions and exchanges on global issues related to water in the world. According to the United Nations Organization (UNO), access to potable water and adequate sanitary systems still constitutes a challenge for populations worldwide, with over 2.4 billion people who still do not have access to the precious liquid. The UN calls for a strong mobilization in favour of potable water access, notably in developing countries because potable water is the centre of sustainable development. An opportunity to reiterate that, each day, an African or Asian woman covers an average distance of 5.9km to fetch potable water, a situation that calls for urgent action.

Sensitive to this noble cause in Cameroon, MTN Foundation has seized the occasion this Week to reaffirm its engagement to ease access by the underprivileged population to potable water, while drawing their attention on the necessity to take care of this vital resource. Within the framework of its activities, the Foundation has already built 46 potable water access points which benefit roughly 170,000 people throughout the regions of the country. These potable water access points are deployed in priority in rural areas where access to potable water is still an enormous challenge for the population exposed to waterborne diseases.

The potable water access points built by MTN Foundation are varied, notably manual pump wells built in partnership with PEP Otélé (Otélé Water Project), boreholes built within the framework of several partnerships with organisms such as GIZ, entire potable water supply projects with a distribution network such as that in the locality of Nzemelem, located some 25Km from Dschang in the West region, or the points undergoing construction in the villages of Young Farmers of the Ministry of Agriculture in Nlobesse (South Region ) and Wassande (Adamawa Region).

It should moreover be noted that water points have also been installed in schools built by the MTN Foundation. These water points are accompanied by latrines to ensure better hygiene for students in particular, and the educative community in general.MTN Group joins the international community to celebrate, from 27 to 31 August 2018, World Water Week under the theme: “Water, ecosystems and human development.” Organized every year by the Stockholm International Water Institute (SIWI), World Water Week is the focal point of discussions and exchanges on global issues related to water in the world. According to the United Nations Organization (UNO), access to potable water and adequate sanitary systems still constitutes a challenge for populations worldwide, with over 2.4 billion people who still do not have access to the precious liquid. The UN calls for a strong mobilization in favour of potable water access, notably in developing countries because potable water is the centre of sustainable development. An opportunity to reiterate that, each day, an African or Asian woman covers an average distance of 5.9km to fetch potable water, a situation that calls for urgent action.

2019

MTN Cameroon celebrates with its subscribers

The leading telecommunications company, for its end-of-year promotion, is offering new vehicles and millions of francs to its customers.

Douala, 15 October 2019: MTN, Cameroon’s leading telecommunications company, announces the launch of its 2019 end-of-year promo during which its customers stand the chance to win a new car every week and 5,000 FCFA in cash every 5 minutes. This campaign runs for 11 weeks, from 15 October 2019 to 5 January 2020.

The promo is open to any customer who subscribes to a voice or data bundle of at least 250 FCFA or does MTN MoMo transactions of at least 5,000 FCFA.

To win the prize of 5,000 FCFA every 5 minutes, you must be the first customer to subscribe to a bundle of 250 FCFA or do a MoMo transaction of at least 5,000 FCFA within the 5 minutes concerned. Payment of prizes to winners will be done automatically every 5 minutes from 6am to 10pm.

With regard to the vehicles staked, a raffle draw will be organized each week to determine the weekly winner of a magnificent brand-new TOYOTA Rush. All subscribers to a bundle of at least 250 FCFA or who have done a MoMo transaction of at least 5,000 FCFA in the week concerned, will be considered for the weekly draw. 11 new vehicles will be offered to MTN Cameroon customers throughout the promo.

After the MTN Cash and Wanda Back-to-School campaigns, MTN Cameroon pursues through this promo, its mission to make the lives of its customers ever brighter. “We don’t just do business; we bring value to those around us. This new campaign is proof of this, and above all, it enables us to thank the millions of subscribers who trust us in Cameroon,” said Hendrik Kasteel, Chief Executive Officer of MTN Cameroon.

MTN Cameroon speeds up the development of its professional clientele with MTN Fusion

MTN, Cameroon’s leading telecommunications company announces the launch in Douala, 25 July 2019, of MTN Fusion, a new collaboration platform between MTN Cameroon and companies.
This platform will bring together the company’s current and future partners to create a new ecosystem that will bring even more value to MTN’s professional and business clientele. New services and solutions will be identified that MTN Business can tailor for each of its clients: start-ups, small and medium-sized industries, multinationals, non-governmental organizations, public and para-public enterprises, etc.

To better explain this new approach to MTN Cameroon’s partners and customers, the launch of MTN Fusion is followed by a series of interactions from 25 to 26 July 2019. The leading telecommunications company will seize this opportunity to present new services, procedures, and infrastructure in order to optimize the support and efficiency of its professional customers. Plenary sessions and specialized workshops are also on the agenda to discuss cybersecurity, artificial intelligence, Big data, Internet of Things and the digital transformation of public sector organizations. These are critical topics that now affect the daily functioning of all organizations which the latter must master to ensure their sustainability.

“For several years now, MTN has been the main Digital Economy driver in Cameroon. With MTN Fusion, we are continuing this momentum, but above all, providing our cutting-edge infrastructure, technologies, and talents to the ecosystem in order to create a worthy circle around us and move even faster in this great digital transformation process underway in Cameroon,” said Hendrik Kasteel, Chief Executive Officer of MTN Cameroon.

Call for applications for the selection of 150 youths for professional internships in MTN Cameroon

MTN Cameroon, within the framework of implementing its social responsibility policy, is launching the MTN Youth Internship Programme which aims at providing young Cameroonians with the opportunity to perfect their academic training and benefit from a first professional experience within a corporate environment.

Purpose of the Call for Applications
The purpose of this Call for Applications n°2-2019 is to select 150 (one hundred and fifty) Cameroonian youths from extracurricular, school and university systems to undergo 6 (six) months academic internships at MTN Cameroon from 1 July 2019.

Domains of activity of the professional internships
The professional internships offered within the context of the MTN Youth Internship Programme cover the following areas of activity:

Corporate Management and Administration
Audit and Management Control
Communication and Marketing
Accounting and Finance
Litigations and Commercial Legal Services
IT and Network Infrastructure
Customer Relations Management
Human Resources
Telecommunications
Sales and Distribution

Selection criteria for beneficiaries of the professional internships
The professional internships offered by MTN Cameroon as part of the MTN Youth Internship programme are open to young students who meet the following criteria:

Be of Cameroonian nationality
Be registered as a Job Seeker in the registers of the National Employment Fund (NEF)
Be at least 18 years on 1 July 2019
Have a good command of one of the two official languages being English / French
Be available during the entire duration of the internship (1 July to 31 December 2019 and
1 January to 30 June 2020)
Be punctual and assiduous
Be open to learn and take direction
Ability to work effectively as part of a team, sometimes under pressure

Application for the professional internships
Young students who meet the eligibility requirements for internships offered within the context of the MTN Youth Internship Programme can apply by filling the application form available at. https://careers.mtn.cm no later than Wednesday, June 12, 2019, at 11:59 p.m.
The application and selection process is completely free of charge. No fees are required from candidates. The list of successful candidates will be published in the press

Conditions for the professional internships

1. The professional internship offered is not for pre-employment purposes and does not guarantee recruitment at MTN Cameroon
2. An internship allowance will be allocated to each intern on a monthly basis
3. Each intern will be placed under the management of a Supervisor who will ensure their integration and training throughout the academic internship
4. Each intern will be required to submit an internship report to MTN Cameroon at the end of their professional internship
5. Each intern will be required to revert to the National Employment Fund on completion of their internship for further opportunities.

Douala, 29 May 2019
The General Manager Human Resources, MTN Cameroon

More than one million new subscribers joined MTN Cameroon in the first quarter of 2019

The Cameroon telecommunications market leader recorded more than one million new subscribers and a second consecutive quarter of growth at the end of the first quarter of 2019, thanks to a strategy more focused on customer satisfaction and significant improvement in the quality of its network, in a more stable regulatory environment.

MTN Group, Africa’s telecommunications leader with operations in 21 countries around the world, including Cameroon, published its financial results for the first quarter of 2019 in Johannesburg, South Africa, on Thursday 9 May 2019. These results show sustained growth in all segments, with 236.6 million subscribers as of March 31, 2019, in all 21 countries, compared to 233 million at the end of the fourth quarter of 2018.

MTN Group is particularly pleased with the return to growth of its Cameroonian subsidiary. MTN Cameroon achieved an excellent commercial performance in the first quarter of 2019, marked by a strong increase in its customer base to 8.7 million subscribers as of 31 March 2019, that is, more than one million new subscribers recruited in 3 months.

For the first time in four years, the company’s revenue has grown for the second consecutive quarter. Growth was driven by the strong acceleration in Data sales and Mobile Money revenues. In addition, MoMo, MTN Cameroon’s payment method, continues its exponential growth with nearly 500,000 new accounts opened in the first quarter of 2019 and a dynamic distribution network now based on more than 30,000 points of sale across the country.

While strengthening its leadership with a nearly 48% share of the telecommunications market in the country, MTN Cameroon is, therefore, consolidating the recovery of its performance curve that began at the end of 2018. This return to growth is the result of a set of decisive factors, including: 1- a strategy more focused on customer satisfaction, 2- a significant improvement in the quality of the network, certified by the world-renown agency, Ookla, as the fastest network in Cameroon and, 3- a more stable regulatory environment.

While MTN Cameroon and the MTN Group are delighted with this return to growth, the company remains affected by the situation in the North-West and South-West regions.

“We are proud to be back on the growth path and grateful to our customers for their ever-increasing confidence in MTN. Their satisfaction is at the heart of our strategy. We will continue to work hard to make their lives ever brighter with innovative, simple and affordable solutions that meet their communication needs,” commented MTN Cameroon’s Chief Executive Officer, Hendrik Kasteel.

MTN revolutionizes mobile internet billing in Cameroon

MTN Cameroon, leader of the national telecommunications market, announces the launch of a major initiative in mobile Internet billing in Cameroon. When the customer’s Internet bundle is exhausted, their main airtime account will not automatically be debited to continue browsing. The customer now has the choice between renewing their bundle, choosing another bundle or browse off-bundle.

The suppression of out-of-bundle Internet billing has been gradually deployed since the beginning of 2019. This unprecedented change is a revolution in the telecommunications market in Cameroon. Above all, it concretizes MTN Cameroon’s commitment to better listen to its customers, be more transparent and give them enough choice to better control their expenses.

“Such an initiative can only really improve customer experience if the network is efficient and Internet cost, accessible. This will be the case with the MTN network, recognized as the fastest network in Cameroon. The international agency Ookla, the world leader in measuring mobile network performance, has just certified that MTN has the fastest network in Cameroon,” says MTN Cameroon’s Chief Executive Officer, Hendrik KASTEEL.

Always with the aim of giving more choice and value to its customers, MTN Cameroon will launch a smartphone accessible by all levels of society and a new 4G mobile modem. Other initiatives are being prepared to deliver on Hendrik KASTEEL’s promise by which “2019 will be the year of the great MTN Family. The year of our customers. The year of our partners. More than ever, our customers are our N° 1 priority.”

MTN Cameroon employees commit to empowering young people through the annual "21 Days of #YelloCare" Volunteer Program

MTN Cameroon, leader of the electronic communications sector in Cameroon announces the launch of the 13th edition of the annual 21 Days of Y’ello Care program which will run from 1-21 June. This year, the Y’ello Care campaign will once again focus on Youth Empowerment under the theme “Creating a Brighter Future for our Youth”. For 21 days, MTN employees in all 21 operations of the Group will give back to their communities by implementing impactful social projects in their localities.

Here in Cameroon, MTN staff have chosen to realize several projects Nationwide that will benefit the youths, particularly those with disabilities, and address the problem of drug abuse which is today a national priority area by Government.

The first project which seeks to empower persons with disabilities will result in the construction of a modern multidisciplinary skills enhancement training center for trades based on Information and Communication Technologies (ICT) at Essengue, Douala for vulnerable youths in support of the association “Donnons-nous la main”. This facility will be used for the training of handicapped persons on various jobs such as Office automation, Infographics, Video development, Community management, etc. to enable them to be gainfully employed and fend for themselves with dignity. Several other associations working with people with disabilities will be supported by MTNers Nationwide such as:

ISDA, a specialized institute for the hard of hearing, Garoua, North region
“L’Excellence de Sabongari” training center, Ngaoundere, Adamawa region
Ferme Ecole de Kaigama, Bertoua, East region
Blessing Associates for Women and Children, Kumba, South-West region
MOHCAM Mother of Hope Cameroon, Bamenda, North-West region
Maison St Damien Et Camille De Bafoussam, Bafoussam, West region
Centre Adaima Kalkal, Maroua, Far North region
Centre social Bobine d’Or, Yaounde, Centre region

The 2019 program will climax on 20 June, which has been dubbed “MTN Day” with a conference to raise national awareness on the ills of drug abuse by the youths. This event will also include the organization of a hackathon, an application development challenge, which will enable young developers representing several Universities and institutions of higher learning to showcase their creative ingenuity in the domain of digital innovation at the service of our youths.

Commenting on the Y’ello Care program, MTN Cameroon CEO, Hendrik Kasteel, states that: “As a future-focused organization, MTN instituted the 21 Days of Y’ello Care program as far back as 2007 to provide employees with a platform to make a sustainable difference in the lives of members of our communities on an annual basis above and beyond the activities of our Foundation and the work we do daily to provide simple, accessible and affordable solutions to millions of people and businesses. Since we believe at MTN that everyone deserves the benefits of a modern connected life, the 21 Days program has become a revered rendez-vous; giving back is part of our DNA! We’re passionate about our 2019 projects and truly hope that they’ll add value to the lives of the beneficiaries. In addition, by focusing on the ills of drug abuse which is plaguing our society, we want to support Government’s laudable actions in this domain and further enlighten the youths, tomorrow’s leaders, on the negative effect of this vice, not only to themselves, but their family, communities and the Nation”.

The dedication of employees to sustainably change lives with the heart has resulted in the recognition of MTN Cameroon as the best Y’ello Care operation within the MTN Group. Thanks to the quality of the projects implemented by MTN Cameroon staff, the operation won the Group President and CEO overall Y’ello Care award and a cash prize of USD100.000 in 2012, 2013 and 2015. The company also won the West and Central Africa President award and USD30.000 cash prize in 2016 and 2017. All of this money is reinvested by MTN Cameroon employees in social projects within their communities.

Key achievements since 2012 by MTN Cameroon employees include the:

The building of 06 primary schools with a total of 22 classrooms
Construction and equipment of a science laboratory in Government High School Bobongo, Douala (2017)
Construction of a guest home for teachers in Government High School, Manoka, Littoral (2014)
Equipment of 07 libraries in municipalities across the country
Payment of school fees (entire primary cycle) of 2100 young girls in the Far North (2013)
Donation of telecommunications equipment to universities (2018)

Come 1 June, MTN employees will be able to care with the heart and spread a lot of Y’ello love.

Call for applications for the selection of 50 young students for academic internships at MTN Cameroon

MTN Cameroon, within the framework of implementing its social responsibility policy, is launching the MTN Youth Internship Programme which aims at providing young Cameroonians with the opportunity to enhance their academic training and/or benefit from a first-time professional experience within a corporate environment.

Purpose of the Invitation

The purpose of this invitation for Applications (Ref: n°1-2019) is to select 50 (fifty) young Cameroonian students for a 3 (three) month academic internship at MTN Cameroon from 1 July to 30 September 2019.

Areas covered by the academic internships

The academic internships offered within the context of the MTN Youth Internship Programme covers the following areas of activity:

Corporate Management and Administration
Audit and Management Control
Communication and Marketing
Accounting and Finance
Commercial Legal Services (including Litigations)
IT and Network Infrastructure
Customer Relations Management
Human Resources
Telecommunications (Telecoms Engineering)
Sales and Distribution

Selection criteria for the academic internships

The academic internships offered by MTN Cameroon as part of the MTN Youth Internship programme are open to young students who meet the following criteria:

Be of Cameroonian nationality
Be enrolled in a Cameroonian university or Higher Institute of Learning
Be at least 18 years on 1 July 2019
Have a good command of at least one of the 2 official languages (English/French)
Be available for the entire duration of the internship (1 July to 30 September 2019)
Be punctual and assiduous
Have an open mind and be prepared to learn
Demonstrate readiness to work effectively in a team and under pressure

Application for the academic internships

Young students who meet the eligibility requirements for the academic internships offered within the framework of the MTN Youth Internship Programme can apply by filling the application form available on our careers website at https://careers.mtn.cm no later than Wednesday, June 12, 2019, at 11:59 p.m.

Conditions for the academic internships

Each intern will be placed under the management of a Supervisor who will ensure their integration and training throughout the academic internship
Each intern will be required to submit an internship report with MTN Cameroon at the end of their academic internship
A monthly cash stipend will be given to the interns to defray the cost of transportation etc.

Douala, 29 May 2019

The General Manager Human Resources, MTN Cameroon

MTN strengthens its leadership in the Cameroonian market

With nearly 8 million subscribers, representing 47.20% market share and a turnover of FCFA 212 billion, MTN Cameroon ended 2018 on a positive note, with strong growth in the fourth quarter of the year.

MTN Group, Africa’s leading telecommunications company with operations in 21 countries around the world, including Cameroon, published its consolidated financial results for 2018 on Thursday, 07 March 2019 in Johannesburg, South Africa. The results were driven notably by strong growth in the number of subscribers, which stood at 233 million at 31 December 2018 in the 21 countries, compared with 217 million in 2017.

Encouraging commercial performance

In Cameroon, after a particularly difficult 2017, MTN began to improve its performance curve in 2018. If the turnover impacted by the crisis in the North-West and South-West regions is consolidated at FCFA 212 billion, MTN Cameroon achieved a very encouraging commercial performance in 2018.

Notably, the company recorded 11.7% growth in its subscriber base, which stood at about 8 million subscribers on 31 December 2018. MTN Cameroon also achieved a sustained performance on new revenue streams, including a strong increase in Data revenue and an exceptional 170.2% growth in Mobile Money revenue, with the number of subscribers consolidated at close to 5 million at 31 December 2018.

Reinforced leadership

With nearly 8 million subscribers, representing 47.20% market share and a turnover of FCFA 212 billion, MTN is strengthening its leadership in the telecommunications market in Cameroon. The company looks to the future with optimism, driven by the exceptional performance recorded at the end of the year.

Indeed, in the fourth quarter of 2018 alone, MTN Cameroon was able to recruit approximately 800,000 new subscribers and recorded a close to 2% increase in turnover over the same period, being its best quarterly performance in the last four years.

Commenting on the company’s results for 2018, the Chief Executive Officer, Hendrik Kasteel said, “MTN Cameroon is back. Bold steps were taken last year to get our company back on the growth path. These measures are beginning to yield positive results. We have also begun to reap the first benefits of MTN’s investments of roughly FCFA 300 billion over the past four years to better serve our customers and provide them with the fastest network in the country, a network that meets their needs.”

MTN Cameroon announces a structural reorganization of its operational teams to better serve its partners

MTN Cameroon thanks to the Government who permitted and accompanied this reorganization, which was indispensable for MTN to maintain its role as a key partner in the development of telecommunications and Digital Economy in Cameroon. The company also remains committed to providing Cameroonians with simple, innovative and affordable solutions that meet their communication needs and make their lives brighter.

Recent Press

2018

2019