MTN was incorporated on 21 October 1998, with the objective to operate as a second national operator of a telecommunications network at a time when mobile cellular service penetration in Uganda was at a low of 0.27%. The company has since contributed to the growth of the telecommunications sector in Uganda with current penetration being at 70% (seven lines for every ten individuals).

MTN has a presence in all 134 districts of Uganda and has evolved from a telecommunications company providing value added services to a provider of an innovative range of products and services including voice, data, digital and mobile financial services delivered through a network of approximately 150,000 mobile money agents, 200 service stores and 14 main distributors.

In 2021, MTN become the largest local listed company on Uganda Securities Exchange worth UGX 4 trillion. MTN currently employs approximately1,048 employees both indirectly and directly. MTN has been the largest taxpayer in Uganda for the last 10 years, having paid UGX 839 billion in 2021 alone.

MTN is committed to improving the lives of the communities in which it operates having dedicated 1% of its annual profit after tax to the MTN Foundation (a channel through which MTN conducts its corporate social investment activities) since 2007 thereby impacting millions of Ugandans’ lives.