MTN Group (MTN Group) Construction In Progress : $1,077 Mil (As of Dec. 2023)

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What is MTN Group Construction In Progress?

MTN Group's quarterly construction in progress declined from Dec. 2022 ($854 Mil) to Jun. 2023 ($0 Mil) but then increased from Jun. 2023 ($0 Mil) to Dec. 2023 ($1,077 Mil).

MTN Group's annual construction in progress increased from Dec. 2021 ($817 Mil) to Dec. 2022 ($854 Mil) and increased from Dec. 2022 ($854 Mil) to Dec. 2023 ($1,077 Mil).

MTN Group Construction In Progress Historical Data

The historical data trend for MTN Group's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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MTN Group Construction In Progress Chart

MTN Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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558.59

536.36

817.04

854.17

1,076.97

MTN Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Construction In Progress	Get a 7-Day Free Trial															817.04	-	854.17	-	1,076.97

MTN Group Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

MTN Group (MTN Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » MTN Group Ltd (OTCPK:MTNOF) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

MTN:South Africa MTNOY:USA LL6:Germany

Address

Innovation Centre 216 - 14th Avenue, Fairland, Roodepoort, Gauteng, Johannesburg, ZAF, 2195

Website

https://www.mtn.com

MTN Group Ltd is a mobile telecommunications provider operating across South Africa, Nigeria, Ghana, Cameroon, Ivory Coast, Uganda, Syria, and Sudan. most of the company's revenue is earned in South Africa and Nigeria. The company also has a joint venture in Iran. From a product perspective, most of its revenue is from voice and data. Other contributors include SMS and sale of devices revenue. MTN also provides enterprise services to small/midsize enterprises and corporate clients. The company owns the mobile infrastructure and data centers. Its segments include Network services, Mobile devices, Inter- connect and roaming, Digital and fintech and others.

MTN Group (MTN Group) Headlines

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