MTNGH - MTN Ghana
Scancom Plc, more commonly known as MTN Ghana, is a public limited liability company first incorporated in Ghana in April 1994 and licensed by the NCA as a mobile telecommunications services operator. In November 1994, MTN (then using the trade name “Spacefon”) launched its GSM mobile cellular services with initial coverage in Accra and Tema. Coverage was expanded to Kumasi and Obuasi in 1997, and to Takoradi, Bibiani, Tarkwa and Cape Coast in 1999. Since then, MTN has built a robust customer base in Ghana, increasing its subscribers from 2.5 million in 2006 to nearly 18 million as at December 2017.
MTN Ghana's main revenue lines are airtime and subscription, interconnect and roaming, SMS, data, handset and accessories, mobile money, and value added services. Data and mobile money are expected to be the dominant drivers of revenue due to increased internet use and reliance on mobile money for payments.
|Live Trading Feed||Growth & Valuation|
|Opening Price:||--||Earnings Per Share:||0.1498|
|Day's Low Price:||--||Price/Earning Ratio:||8.34|
|Day's High Price:||--||Dividend Per Share:||0.08|
|Traded Volume:||156||Dividend Yield:||6.4%|
|Number of Deals:||--||Shares Outstanding:||12.29b|
MTNGH Stock Market Performance
The current share price of MTN Ghana (MTNGH) is GHS 1.25. The MTNGH stock closed its last trading day (Friday, June 11, 2021) at 1.25 GHS per share on the Ghana Stock Exchange. MTNGH began the year with a share price of 0.64 GHS and has since gained 95.31% on that price valuation, ranking it 1st on the GSE in terms of year-to-date performance. Shareholders will be pleasantly optimistic about MTNGH knowing that the stock has accrued 9.65% over the past four-week period alone. The table below details the last 10 trading days of activity of MTN Ghana on the Ghana Stock Exchange.
Profile of Scancom Plc
Scancom Plc was founded on April 14, 1994 and operates in the Telecommunications sector, specifically, the Mobile Telecommunications industry. Scancom contracts an estimated total number of 1,185 employees. The company is led by Selorm Adadevoh as its Chief Executive Officer, since 2018. The company's board of directors, chaired by Ishmael Yamson (78), is composed of eight members whose names are listed below.
- Yamson, Ishmael
- Adadevoh, Selorm
Chief Executive Officer
- Kadri, Modupe Agbolade
Chief Financial Officer
- Abeasi, Kwasi
- Perumal, Sugentharen
- Mupita, Ralph
- Jakoet, Fatima
- Pomes, Albert Fernandez
|Factsheet of Scancom Plc|
MTN House, Independence Avenue, West Ridge, Accra, Ghana