MTN Group Limited (MTN Group) is a South Africa-based telecommunications company with operations in 21 countries in Africa and the Middle East. The Company is a provider of communication services, offering cellular network access and business solutions. MTN Group operates in three regions: South and East Africa (SEA), which includes MTN South Africa, MTN Swaziland, MTN Zambia, MTN Uganda, MTN Rwanda and Mascom Botswana; West and Central Africa (WECA), which includes MTN Nigeria, MTN Cameroon, MTN Congo-Brazzaville, MTN Cote d’Ivoire, MTN Benin, MTN Ghana, MTN Guinea Bissau, MTN Guinea Conakry and Lonestar Liberia, and Middle East and North Africa (MENA), which includes MTN Irancell, MTN Afghanistan, MTN Cyprus, MTN Sudan, MTN Syria, MTN Yemen and MTN International Carrier Services. Subsequent to year ended December 31, 2008, the Company acquired 100% of Verizon South Africa (Proprietary) Limited and the remaining 59% in I-Talk (Proprietary) Limited.