MTN Benin
Founded
n/a
Headquarters
Cotonou, Benin
Ticker
n/a
Sector
Telecom
Stock performance
This company has no listed ticker in our data, so there is no price chart.
History
MTN Benin grew out of a mobile network launched in the early 2000s that South Africa's MTN Group acquired in 2006 as part of its purchase of the Investcom group. It has since become Benin's leading mobile operator.
Business model
MTN Benin sells mobile voice and data, fixed broadband, and business services, and its MoMo mobile-money platform is widely used for transfers, merchant payments, and bill payments.
Market position
MTN is the largest mobile operator in Benin, competing mainly with Moov Africa Benin.
Country impact
Mobile money has become one of the main financial tools in Benin, where many people lack bank accounts, and MTN is one of the country's largest private investors and taxpayers.