MTN SA CEO on 30 years of connecting Africa

MTN, formerly known as Mobile Telephony Networks, celebrates 30 years of successfully connecting people across the African continent. The company has emerged as the largest telecommunications provider in Africa, with a strong presence in multiple markets. In a recent interview with CNBC Africa, Charles Molapisi, the CEO of MTN South Africa, reflected on the company's journey and highlighted the significant milestones achieved over the years. Molapisi expressed gratitude towards stakeholders, including governments, regulators, and loyal customers, for their continuous support. He emphasized MTN's growth from a small team of 20 employees in 1994 to a workforce of around 18,000 employees spread across various territories. The company's substantial revenue contributions and tax payments, totaling 62 billion rand in 2023, underscore its impactful presence in the region. Looking ahead to the next 30 years, Molapisi outlined MTN's commitment to driving Africa's progress through technological innovations and digital services. With Africa's population projected to double and urban migration on the rise, MTN aims to play a pivotal role in fostering financial inclusion and enhancing connectivity across the continent. The company plans to invest in building infrastructure, such as data centers and fiber networks, to support the evolving needs of African markets. Despite the challenges posed by the local market in South Africa, MTN remains dedicated to providing solutions that address the country's unique requirements. Molapisi affirmed the company's determination to navigate obstacles and deliver impactful services to the nation. As MTN embarks on the next chapter of its journey, the focus remains on innovation, collaboration, and sustainable growth. The company's vision of 'building platforms for Africa's progress' reflects its commitment to fostering development and connectivity in the region. With a strong foundation built over three decades, MTN is poised to navigate the dynamic telecommunications landscape and drive positive change across Africa.