MTN Zambia

Stock performance

History

MTN Zambia was launched as the Zambian subsidiary of South African telecommunications group MTN and grew into the largest mobile-network operator in Zambia, building out mobile-money services that have become an important financial-services channel across the country.

Business model

MTN Zambia provides mobile telecommunications, data, and mobile-money services across Zambia, operating as the country's largest mobile operator and the local subsidiary of the wider MTN Group.

Market position

MTN Zambia is the largest mobile-network operator in Zambia, competing with Airtel Zambia and Zamtel for market share in the country's telecommunications sector.

Country impact

MTN Zambia is one of the largest companies in Zambia, and its mobile-money service has played a significant role in expanding financial-services access to Zambians outside the traditional banking system.