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MTN Group Limited (formerly M-Cell) [2] is a South African multinational corporation and mobile telecommunications provider. Its head office is in Johannesburg . [ 3 ] [ 4 ] MTN is among the largest mobile network operators in the world , and the largest in Africa .
Mobile Money is a mobile payments system based on accounts held by a mobile operator and accessible from subscribers' mobile phones. The conversion of cash into electronic value (and vice versa) happens at retail stores (or agents). All transactions are authorised and recorded in real-time using SMS. MTN Mobile Money agent's stand in Ghana
Subsequently, ayoba expanded its services, including the launch of games for Android in February 2020, Momo (Mobile Money) in Cameroon in May 2020, and MicroApps in May 2020. It also launched music and voice and video calling features in 12 territories in August 2020. [6] The first version of ayoba for iOS was released in September 2020.
Founded in 2000 by Beirut-based Investcom, the company became a subsidiary of the South African conglomerate MTN Group following MTN's acquisition of Investcom in 2006. Liberian businessman Benoni Urey is the Chair of Lonestar Communication Corporation and owns a significant portion of the company through his PLC Investments Group.
M-PESA (M for mobile, PESA is Swahili for money) is a mobile phone-based money transfer service, payments and micro-financing service, launched in 2007 by Vodafone and Safaricom, the largest mobile network operator in Kenya. [1] It has since expanded to Tanzania, Mozambique, DRC, Lesotho, Ghana, Egypt, Afghanistan, South Africa and Ethiopia.
MTN Uganda is the largest telecom company in Uganda, with 11.2 million subscribers, accounting for 55 percent market share, as of 30 June 2017. [4] [5] By 31 December 2019, its customer base had increased to 12.6 million customers. [3]
Yemeni Omani United (Arabic: الشركة العمانية اليمنية للاتصالات), trading as YOU (formerly MTN Yemen) is a mobile network operator in Yemen.It was established in September 2000 as a local and international joint-stock company and became the second GSM service provider in Yemen [a] under the trade name Spacetel Yemen, which was part of Investcom LLC.
MTN Rwandacell Plc, commonly referred to as MTN Rwanda, is the largest telecommunications company in Rwanda, with an estimated 7 million subscribers, accounting for 62 percent market share, as of 30 July 2023.