MTN Nigeria has a catalyst for Nigeria’s economic growth and development, helping to alternate Nigeria’s strong developmental potentials not only through the provision of world class communications but also through innovative and sustainable corporate social responsibility initiatives.
Since its launch, MTN has steadily deployed its services in 232 cities and towns, more than 10,000 villages and communities and a growing number of super highways across the country, out of about 200 million people of the Nigeria’s estimated population, MTN Nigeria currently has about 14.6% subscribers base.
The exploitative tendencies of MTN reflects on its contributions to the capital flight and the stimulation’s of radio active components which brings about gaseous emissions that poses as a great challenge to the ozone layer. Despite its geographic diversity, MTN is largely reliant on its Nigerian, South African and Iranian operations, around two third of its revenue were generated in these countries in 2010.
In May 2008, it emerged that Bharti Airtelan Indian based telecommunications company was exploring the possibility of buying MTN Group for about US$19bn for a 51% stake in MTN, which would be the largest overseas acquisition ever by an Indian firm. However, the deal fell through after a few days and Bharti Airtel pulled out of the proposed deal.
MTN Group has worked over the years to integrate a sustainability structure into each of their own operations; From a Business perspective, the Group recognises the need to ensure its own sustainability and that of its market. From a Moral perspective, it also works to ensure the sustainability of the community’s in which it operates thus protecting and creating economic values for the company and stakeholders through responsive environmental and social core business practices.
MTN has heightened the level of interconnectedness among and between people of Nigeria and the outside world through a systematic integration of autonomous economies into a global system of production and distribution. Apparently, MTN seeks to eliminate trade barriers through integration and interaction which can be passive or active move or counter move, action or reactions of capital and labour thereby leading to an unhindered exchange of goods and services across border in a dialectical process.
Argument arose as Regarding the level of profit realisation by retail vendors, in the sense that most vendors experiences situation of limited profit marginalisation when marketing MTN products when compared to other products by other Telcos, this above situations can explain why in most times MTN products are off the market due to vendors not willing to patronise much of their products and thereby affecting its subscribers.
This situation make me to posit that ;
MTN is a bourgeois Telco Service provider in Nigeria as a result of its exploitative tendencies in the region which affects its subscribers who becomes the proletariat which according to Marxist convention, globalisation through Telcos is a crippling phenomenon that is basically driven and rooted in capitalism and imperialism with a drastic end.Cited From Paul Godwin Article on Globalisation through Transnational Companies in Nigeria.