MTN Group Limited (JSE:MTN) News - Nigerian Communications Commission’s directive on NIN-SIM linkage

MTN Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 1994/009584/06)
(Share code MTN)
(ISIN: ZAE000042164)
(MTN Group)

Nigerian Communications Commission’s directive on NIN-SIM linkage

MTN Group notes the statement issued by the Nigerian Communications Commission (NCC) on
4 April 2022 regarding its decision that all operators will be required to implement restrictions on out-
going calls for subscribers whose SIMs are not associated with National Identity Numbers (NINs).

MTN Nigeria subsequently received a formal directive from the NCC to implement a phased
suspension of services to affected subscribers, placing them on ‘receive only’ status with effect from
4 April 2022. In line with operating licence requirements, MTN Nigeria has complied with the directive
and implemented the restrictions on only outgoing voice calls of affected subscribers. All other
services remain available to all subscribers, including those that are yet to submit their NINs.

MTN Nigeria supports the work being done by the Federal Government of Nigeria to build a reliable
and sustainable National Identity Management system, which is a critical enabler that will deliver
multiple benefits to the telecoms industry and Nigeria as a whole. It will aid national economic
planning and enhance security, governance and service delivery at all levels.

In addition, MTN Nigeria has deployed more than 4 200 points of enrolment across the country to
support the NIN enrolment drive. This network continues to be expanded to ensure that enrolment is
within reach of all Nigerians. MTN Nigeria also continues to work with the National Identity
Management Commission (NIMC) to accelerate the bulk verification of NINs collected.

MTN Nigeria has made good progress with around 47 million subscribers having submitted their NINs
by 31 March 2022. This represents approximately 67% of the MTN Nigeria’s subscriber base and 76%
of service revenue for FY 2021. Outgoing voice revenue from the current subscribers who have not
submitted a NIN amounts to about 9% of MTN Nigeria’s total FY 2021 service revenue on an annualised
basis. For MTN Group, this would amount to approximately 3% of FY 2021 service revenue on an
annualised basis.

MTN Nigeria also continues to engage with the NCC and NIMC – including through relevant industry
bodies – as it has done since December 2020, when the initial directive to link NIN’s to SIMs was made.

MTN Group and MTN Nigeria intend to host a call with investors on 8 April 2022 at 13.30 GMT to
update them on this directive. The focus areas of the call are intended to include: details of the NCC
directive and how MTN Nigeria has implemented it; estimated timelines for completing the
registration of subscribers currently suspended from making outgoing calls, and proforma potential
impact on service revenue for FY 2022 given the directive. The call also intends to update on any
further information emerging from engagements with the NCC and telecom industry bodies in Nigeria.

Dial-in details for the call are as follows: +2711 535 3600.


Fairland
6 April 2022


Lead sponsor

Tamela Holdings Proprietary Limited

Joint sponsor

JP Morgan Equities South Africa Proprietary Limited

Date: 06-04-2022 07:05:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.