MTN Group has reported a strong set of operational and financial results for the 2025 financial year, marking the successful conclusion of its Ambition 2025 strategy while unveiling a new long-term growth roadmap anchored on connectivity, fintech and digital infrastructure.
The telecoms giant recorded robust commercial momentum across key markets, supported by rising data usage, expanding mobile money services and improved cash flow generation. The group said its performance was driven largely by MTN Nigeria and MTN Ghana, alongside a resilient showing from MTN South Africa, despite pressures from a highly competitive and mature market.
Brandspur Banking News Desk reports that MTN ended the year with more than 307 million voice subscribers, 172 million data users and 70 million mobile money customers across 16 African markets, crossing the 300-million customer milestone in line with its financial inclusion objectives. The group invested about R38 billion during the year to expand network capacity, coverage and service quality.
Data consumption continued to accelerate, with traffic rising by 27 percent and average monthly usage per customer increasing to 12.5GB. MTN also recorded strong growth in its fintech ecosystem, as transaction volumes climbed by 15 percent to more than 23 billion transactions, while total transaction value surpassed US$500 billion.
Financially, MTN’s service revenue rose sharply to R218 billion, reflecting improved macroeconomic conditions and strong execution. In constant currency terms, service revenue grew by 54.9 percent in Nigeria and 35.9 percent in Ghana, while South Africa posted a 2 percent increase. Earnings before interest, tax and amortisation climbed to R98.5 billion, supported by cost efficiencies of R3.6 billion, with basic earnings per share returning to profit after a loss in 2024.
The improved earnings position enabled the board to declare a dividend of 500 cents per share, up from 345 cents in the previous year, exceeding earlier guidance. MTN also announced a strengthened shareholder remuneration framework, including a R6 billion share buyback programme.
Looking ahead, the group introduced its Ambition 2030 strategy, which consolidates operations into three core platforms, connectivity, fintech and digital infrastructure, with a focus on customer experience, artificial intelligence-driven growth and shared value creation across its markets.
MTN said the new strategy positions the group to harness Africa’s long-term digital and financial inclusion opportunities, while remaining alert to global geopolitical and economic risks. The company reaffirmed its medium-term financial guidance, expressing confidence in sustaining growth, returns and balance sheet strength as it enters the next phase of its expansion journey.
