10 unbelievable things you didn't know about MTN

folarin okunola

November 17, 2015 3:54 PM

A lot has been made of the fine and the consequences on the South Africa-based company but a lot of people barely know more than just the basics about Africa’s largest telecoms company.

A man speaks on a mobile phone as he walks past a MTN shop at a shopping mall south of Johannesburg June 6, 2012. REUTERS/Siphiwe Sibeko

Telecoms giant MTN Nigeria has constantly been in the news for the past few weeks over the $5.2 billion fine imposed on it by the NCC.

A lot has been made of the fine and the consequences on the South Africa-based company but a lot of people barely know more than just the basics about Africa’s largest telecoms company.

Here are 10 things you didn’t know about MTN:

The
It was originally called
MTN was the second company in the world to implement the Pay As You Go system.
MTN began expanding into other parts of Africa in 1997 starting with Rwanda, Uganda, and Swaziland.
MTN expanded into Nigeria in 2001.

READ: NCC says $5.2 billion fine remains

MTN is present in 21 countries across the world.
According to
MTN was the first-ever global sponsor of the

According to the
MTN are sponsors of the first African international cycling team – the

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folarin okunola