The MTN Group Limited (MTN Group) is a leading provider of communication services, offering cellular network access and business solutions. The MTN Group is listed in South Africa on the JSE under the Industrial – Telecommunications sector. Launched in 1994, the MTN Group is a multinational telecommunications group, operating in 21 countries in Africa and the Middle East. As at the end of December 2006, MTN recorded more than 40 million subscribers across its operations. The MTN Group operates in Botswana, Cameroon, Côte d’Ivoire, Nigeria, Republic of Congo (Congo-Brazzaville), Rwanda, South Africa, Swaziland, Uganda, Zambia, Iran, Afghanistan, Benin, Cyprus, Ghana, Guinea Bissau, Guinea Republic, Liberia, Sudan, Syria and Yemen. MTN Group operating regions South and East Africa MTN South Africa, MTN Swaziland, MTN Zambia, MTN Uganda, MTN Rwanda and Mascom Botswana. West and Central Africa MTN Nigeria, MTN Cameroon, MTN Congo-Brazzaville, MTN Côte d’Ivoire, MTN Benin, MTN Ghana, MTN Guinea Bissau, MTN Guinea and MTN Liberia. Middle East and North Africa MTN Irancell and MTN Afghanistan, MTN Cyprus, MTN Sudan, MTN Syria, MTN Yemen and Mednet.