Mtn Group traded at 21,680.00 this Friday May 29th, decreasing 220.00 or 1.00 percent since the previous trading session. Looking back, over the last four weeks, Mtn lost 3.73 percent. Over the last 12 months, its price rose by 73.44 percent. Looking ahead, we forecast Mtn Group to be priced at 20,191.94 by the end of this quarter and at 18,445.75 in one year, according to Trading Economics global macro models projections and analysts expectations.
MTN Group Limited (MTN) is a mobile telecommunication operator. The Company offers consumer, digital and business services. The Company’s segments are South Africa, Nigeria, South and East Africa and Ghana (SEAGHA), West and Central Africa (WECA) and Middle East and North Africa (MENA). It offers voice, data and digital services to retail customers. It also offers enterprise solutions to corporate and public sector customers in a total of 23 countries. It offers its services to business for driving agility and growth through connectivity, communication and collaboration solutions over information and communication technology (ICT) infrastructure, as a committed partner to small and medium enterprises (SMEs), corporates and the public sector. Its mobile financial service business enables people to make financial transactions using their cellphones and bringing them entertainment and online shopping through investments in mobile platforms, apps and online ventures.