South Africa’s MTN Group is the only African company on the World Champions list compiled by analysts from American multinational financial services company Citi Group, alongside other tech companies such as Apple, Google, Facebook and Microsoft.
The list names global companies dominating their respective industries. To be on the list, companies must have a market value in excess of US$3 billion and be in the top three in terms of market share in their segment, as well as having a global reach and a lasting sustainable business model.
“Being named on the World Champions list is exciting and humbling, especially as MTN commemorates its 20th anniversary this year. This global recognition signifies that we continue to play a vital role in our industry,” said MTN Group president and chief executive officer (CEO) Sifiso Dabengwa.
