MTN Group wins the most innovative brand in telecoms sector
Ask Africa Trust Barometer yesterday ranked MTN Group first in the innovation category, the second most trusted company in South Africa while its Group CEO and President Mr. Phuthuma Nhleko was rated the third most trusted CEO in South Africa.
The Ask Africa Trust Barometer is a corporate reputation benchmark survey that ranks listed and non-listed companies across a range of reputation drivers ranging from innovation, leadership and social responsibility.
Ask Africa Trust Barometer attributed MTN's impressive performance to its strong financial performance, long term investment value and innovation. Paying tribute to MTN's management team, the survey noted that MTN “has leaders who set an example”.
“Leadership was rated as this year's most important driver, and it is positive to note that MTN has performed well above average on this driver,” the survey found.
MTN was chosen by a panel of judges comprising its peers in the industry and by directors of unlisted and listed JSE Securities Exchange companies.
The telecommunications industry - the sector in which MTN emerged first in terms of innovation - came out as the top performing industry, thanks to solid performance by MTN and its competitors.
Ms Nozipho January-Bardill, MTN Group Executive: Corporate Affairs, said: “This accolade goes to all our people in the 21 operations who are working diligently to ensure that MTN achieves its vision of being the preferred and leading telecoms operator in emerging markets. As we celebrate the milestones we have attained in our short 15-year history as a company, it is encouraging to note that we have talented employees and partners who are eager to put their shoulders to the wheel to ensure that the next 15 years are as good as the previous period.”
MTN performance in this year's Ask Africa Trust Barometer shows a steady improvement from 2008 where it was judged the third most trusted company in South Africa.
MTN has in excess of 100 million subscribers, making it the leading telecoms operator in Africa. In the financial year ended 31 December 2008, MTN Group increased its revenue 40% to R102,5 billion.
The Group will be releasing its interim results on 27 August 2009.
-Issued by MTN Group Corporate Affairs
ABOUT MTN GROUP
Launched in 1994, MTN Group is a multinational telecommunications group, operating in 21 countries in Africa, Asia and the Middle East. The MTN Group is listed on the JSE Securities Exchange in South Africa under the share code: "MTN". As at 31 March 2009, MTN recorded 98,2 million subscribers across its operations in Afghanistan, Benin, Botswana, Cameroon, Cote d'Ivoire, Cyprus, Ghana, Guinea Bissau, Guinea Republic, Iran, Liberia, Nigeria, Republic of Congo (Congo Brazzaville), Rwanda, South Africa, Sudan, Swaziland, Syria, Uganda, Yemen and Zambia. The MTN Group is a global sponsor of the 2010 FIFA World Cup South Africa™ and has exclusive mobile content rights for Africa and the Middle East. Visit www.mtn.com , www.mtnfootball.com
UNDP is the UN's global development network, advocating for change and connecting countries to knowledge, experience and resources to help people build a better life. It is on the ground in 166 countries, working with them on their own solutions to global and national development challenges. As they develop local capacity, they draw on the people of UNDP and their wide range of partners. The Programme has been operating in Syria since 1962 and continues to extend support to the Syrian Government efforts in achieving the MDGs and sustainable economic growth, as well as improving human development through employability of the population leading to reduction of poverty. UNDP works with the State Planning Commission, as its primary counterpart, and partners with the different line ministries, public sector institutions, nongovernmental organizations, private sector organizations, as well as donors. UNDP provides advice and technical backstopping on different issues to support national planning and policy-making to strengthen economic and social reforms. Visit www.undp.org.sy
*About UN Global Compact
The UN Global Compact presents a unique strategic platform for participants to advance their commitments to sustainability and corporate citizenship. Structured as a public-private initiative, the Global Compact project offers a policy framework for the development, implementation, and disclosure of sustainability principles and practices related to its four core areas: Human Rights, Labour, the Environment, and Anti-Corruption. The Syria project aims at enhancing civic engagement and corporate social responsibility of private sector by promoting the ten principles of the UN Global Compact as well as forging partnerships between private sector organizations, public sector institutions and civil society. The Global Compact project in Syria was launched under the patronage of H.E the Head of State Planning Commission and in the presence of the Deputy Chairperson of the UN Global Compact, in July 2008. Visit www.unglobalcompact.org
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