MTN is an innovative operator that contributes significantly to the development of the digital economy, which has become a major growth driver in Cameroon.
MTN Cameroon (MTNC) is a subsidiary of the MTN Group created on 15 February 2000, following the acquisition by MTN International of the first mobile operator in Cameroon, CAMTEL Mobile. In 20 years of activity, MTN Cameroon has imposed itself as the leader of the electronic communications market in Cameroon, and essential partner of the socio-economic growth of the country.
- Since its creation, MTN Cameroon has invested heavily in the construction of a 2G, 3G, 4G and 4.5G telecommunications network which is now the most solid and extensive in the country, if not the entire Central African sub-region. The scope of this network enables MTN to cover nearly 97% of Cameroon’s population and have redundant presence as well as uninterrupted service in more than 7,400 towns and villages in the country. This network has been repeatedly recognized as the best and fastest in the country by world class agencies such as Ookla and Rohde & Schwarz.
- MTNC plays a major role in Cameroon’s economy. The company is one of the largest private investors in the country (more than FCFA 1,000 billion invested since 2000) and second largest contributor to the State in terms of taxes, duties, concession dues and other royalties paid with more than FCFA 1,270 billion in 20 years of activity. The investments realized by MTN Cameroon have contributed to the development of a thousand SME partners and suppliers of the company. Amongst the essential investments of MTN, conspicuously features the connection of Cameroon to the WACS sub-marine cable, strategic tool that enables countries nowadays to access cost-effective and abundant high-speed internet.
- MTN is at the forefront of Cameroon’s ongoing digital transformation by providing the country’s digital economy with simple, accessible and secure means of payment: MTN Mobile Money. This is an innovative service that facilitates the daily lives of millions of users. All transactions on this platform are carried out in compliance with the regulations in force in the CEMAC sub-region. In January 2020, MTN Cameroon became the first operator in this sub-region to receive the GSMA Mobile Money certification, thus confirming the excellent quality of the processes that support the operations of users.
- Since 2000, MTN Cameroon has created a thousand direct jobs. The dynamism of its activity provides daily income to more than 200,000 families through indirect employment. Many employees of MTN Cameroon have become world-class senior staff and today hold top positions within the MTN Group, worldwide. In recognition of its good human resources management, MTN Cameroon has been accredited as an Employer of Choice by the prestigious British institution, Investors In People (IiP).
In 2005, MTN created the first corporate foundation in Cameroon and annually devotes therein 1% of its after-tax profits. The Foundation contributes to the well-being of communities by working in the areas of health, community development and education. More than 3 million people are impacted daily by the actions of MTN Foundation through 285 localities in the country.