MTNGH

Scancom Plc, commonly known as MTN Ghana, is the leading provider of mobile telecommunications services in Ghana. MTN is a public limited liability company first incorporated in Ghana in April 1994 and licensed by the NCA as a mobile telecommunications services operator.

In November 1994, MTN (then using the trade name “Spacefon”) launched its GSM mobile cellular services with initial coverage in Accra and Tema. Coverage was expanded to Kumasi and Obuasi in 1997, and to Takoradi, Bibiani, Tarkwa and Cape Coast in 1999. Since then, MTN has built a robust customer base in Ghana, increasing its subscribers from 2.5 million in 2006 to over 17.83 million subscribers with a market share of approximately 55.09% as at December 2017.

MTN was listed on the Ghana stock exchange on  5th September 2018 with an IPO price of GHS 0.75. MTN was able to raise an amount of  GHs 1.15billion from its Initial Public Offering which lasted from May 29, 2018 to July 31, 2018

MTN Ghana’s main revenue lines are airtime and subscription, interconnect and roaming, SMS, data, handset and accessories, mobile money, and value added services.

Data and mobile money are expected to be the dominant drivers of revenue due to increased internet use and reliance on mobile money for payments.

MTN Ghana, in line with its vision and mission, continues to lead the delivery of a bold new Digital World to customers and to make their lives a whole lot brighter.

Currently, MTN Ghana maintains market leadership with 55.2 percent share in the competitive telecommunication industry.