MTN Cameroon is leader of the mobile telephony market in Cameroon. It was created on 15 February 2000, following acquisition of the Camtel Mobile licence by the MTN South African group. 70% of its share capital of 200 000 000 FCFA is owned by MTN International and 30% by the Cameroonian company, Broadband Telecom. As of 31 December 2014, MTN Cameroon has 9.7 million active subscribers being about 58% of the market share.