Mtn Group Ad Stock Price, News & Analysis

MTNOY OTC

Company Description

MTN Group Ltd S/ADR (MTNOY) is Africa's largest mobile network operator and a leading emerging market operator. With a clear vision to deliver a bold new digital world to customers, MTN South Africa, a subsidiary, recently signed a multi-year agreement with Eseye, a global IoT connectivity solutions provider, to standardize on a global eSIM and IoT platform solution. This strategic partnership aims to provide diverse IoT services, connectivity, IoT bundles, and value-added services to meet customers' global IoT needs.

The agreement will see Eseye's Integra solution deployed in South Africa, expanding to 18 operating companies across Africa. This collaboration will enable MTN to support customers with new IoT device connections across Africa and internationally, delivering a future-proofed solution aligned with technology evolution and compliance with new standards and regulations.

Through Eseye's deep IoT connectivity platform technical expertise, MTN will be able to achieve its aggressive IoT connectivity goals, offering differentiated services across different IoT verticals. The partnership underscores MTN's commitment to be Africa's leading digital platform, unlocking economic growth through financial and digital solutions for consumers and businesses of all sizes.

Stock Performance

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$6.72

0.00%

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Last updated: May 4, 2025 at 15:52

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Performance 1 year

$11.8B

Market Cap

1.8B

Shares outstanding

Latest News

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September 18, 2023

1.90%

MTN awards multi-year IoT connectivity platform contract to Eseye

August 17, 2021

1.02%

New Branches for the 2Africa Subsea Cable System

SEC Filings

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No SEC filings available for Mtn Group Ad.

Financial Highlights

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Frequently Asked Questions

What is the current stock price of Mtn Group Ad (MTNOY)?

The current stock price of Mtn Group Ad (MTNOY) is $6.72 as of May 2, 2025.

What is the market cap of Mtn Group Ad (MTNOY)?

The market cap of Mtn Group Ad (MTNOY) is approximately 11.8B.

What is MTN Group Ltd S/ADR (MTNOY)?

MTN Group Ltd S/ADR (MTNOY) is Africa's largest mobile network operator and a leading emerging market operator with a clear vision to deliver a bold new digital world to customers.

What recent agreement did MTN South Africa sign?

MTN South Africa, a subsidiary of MTN Group, recently signed a multi-year agreement with Eseye, a global IoT connectivity solutions provider, to standardize on a global eSIM and IoT platform solution.

What are the goals of the partnership between MTN and Eseye?

The partnership aims to provide diverse IoT services, connectivity, IoT bundles, and value-added services to help customers meet their IoT global needs.

How will the deployment of Eseye's Integra solution benefit MTN?

The deployment will enable MTN to support customers with new IoT device connections across Africa and internationally, delivering a future-proofed solution aligned with technology evolution and compliance with new standards and regulations.

What does the strategic partnership with Eseye signify for MTN?

The partnership underscores MTN's commitment to be Africa's leading digital platform, unlocking economic growth through financial and digital solutions for consumers and businesses of all sizes.