MTN is in a critical phase of its lifecycle where operational and commercial excellence has become the essence of success. This coincides with shifting commercial, operational, and geopolitical environments in the multiple jurisdictions in which it operates.
MTN is considered (correctly or otherwise) as having significant market power in many of the jurisdictions and sectors in which it operates. The environment is also characterised by increased competition from non-traditional competitors in MTN's existing lines of business such as "over the top" providers MTN is accordingly faced with various economic regulatory interventions from national and regional regulators, including ex ante and ex post competition interventions, with significant policy, strategy and compliance related requirements.
At the same time, and as part of the telco to techco transition, MTN is a new entrant across various platform (fintech, fibre and digital infrastructure, and digital) and marketplace businesses. There are established participants in these sectors. Additionally, the company is looking to new technologies such as Low Earth Orbit satellites and Artificial Intelligence.
The environments in which MTN operates are characterised by heightened regulatory activism. In light of the increasingly uncertain global context, geopolitical tensions, and macroeconomic challenges, MTN needs to bolster its ability to proactively identify and address emerging competition and economic regulatory risk. This uncertainty when compounded with declining sector profitability, increased competition, and rising regulatory risks requires a multidisciplinary and cross-functional response from the Group.
Many of the MTN OpCos and all the platform businesses lack the specialist economic regulatory expertise to address, mitigate and/or ensure compliance with ex ante and ex post competition compliance applicable (including consolidated obligations tracking, monitoring, and reporting), or to identify and assess areas where MTN may require guidance as a new entrant. This identification and analysis will be invaluable when entering new geographies, in the context of licence renewals, in considering pricing mechanisms for new and existing product lines including increasing the scope of lines of business, as well as in M&A transactions. As regards interactions with national and regional telecommunications, competition, and other economic regulators, empirical data to bear in considerations of current and potential economic regulatory interventions.
In fulfilment of the Group's strategic goals to sustain operational momentum and accelerate the strategy, the Regulatory Affairs function must bolster its capability to contribute to MTN wide strategic response, and to contribute to tactical strategy and interventions in the context of:
Highly dynamic and rapidly evolving ICT and competitive environment
The cultural, social, political and economic realities that impact MTN's various operations
The geographic complexity of MTN's footprint across Africa
Management of executive and local shareholder expectations across all OpCos
Management of customer and industry expectations
Enhance MTN position as a leading network and system provider
Constant dynamics and local challenges in the economic, regulatory and legal environments
The interrelationship and dependencies of MTN Group regarding its diverse Operations
Diverse cultures of judicial, legislative and regulatory accountability
Dynamic political environments
Uncertain investment climate across the globe
Increased geopolitical tensions.
Global realignment and other trends affecting operating environment
Organisational Mission: MTN's vision is to lead digital transformation in Africa, ensuring widespread access to reliable, high-quality broadband services that drive social and economic development.
Organization Values: At MTN we believe that understanding our people's needs and aspirations is key to creating experiences that delight you at work, every day. We are committed to fostering an environment where every member of our Y'ello Family is heard, understood, and empowered to live an inspired life. Our values keep us grounded and moving in the right direction. Most importantly, they keep us honest. It is not something we claim to be. It is in our DNA.
As an organisation, we consider it our mission to create an exciting and rewarding place to work, where our people can be themselves, thrive in positivity and ignite their full potential. A workplace that boosts creativity and innovation, improves productivity, and ultimately drives meaningful results. A workplace that is built on relationships and achieving a purpose that is bigger than us. This is what we want you to experience with us!
Our commitments go beyond an organisational promise. It is in our leadership and managerial ethos to meaningfully partner with our employees, customers, and stakeholders with a vision to realise our shared goals.
Our values dubbed, LIVE Y'ello, are the cornerstone of our culture.
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