South African telecommunications giant, MTN has been ranked by Brandz as one of the world’s top 100 most valuable brands. The company was the only African brand that made it to this year’s list. Speaking on the ranking, MTN group president and CEO, Sifiso Dabengwa expressed confidence that the MTN brand will continue to claim its place in the world as it continues to double down on its commitment to its workforce and to the delivery of “a bold, new digital world to customers.” The combined value of companies in the top 100 list is an estimated $2.9 trillion. This year, Google overtook Apple to become the world’s most valuable global brand. Fast risers this year include leading Chinese Internet brand, Tencent as well as American brands, Twitter and LinkedIn.
About MTN Group
Founded in 1994 and headquartered in Johannesburg, South Africa, MTN Group Limited provides voice and data communications products and services to individuals and businesses. The company offers voice services, including prepaid and postpaid airtime through 2G, 3G, and LTE networks, interconnection services to other telecoms networks, and international roaming and teleconferencing facilities, as well as various community payphone models; Me2U, a service that enables customers to share airtime with one another; topup services; and MTN Zone, a discounted call rate service. It also offers data services, such as mobile and fixed data, mobile messaging, Web access, mobile finance, and mobile entertainment services. In addition, the company offers ICT services, including corporate data solutions, satellite connectivity, infrastructure, networking, video conferencing and ePresence, system security, converged services, and cloud computing services, as well as leases its fiber network to large corporate customers. As of December 31, 2013, it served 203,8 million subscribers in 22 countries across Africa and the Middle East.