Data, Fintech Propel MTN Group to R105bn Revenue
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7 Articles
MTN lifts revenue targets, reshapes leadership to drive Africa’s digital future
MTN Group has raised its revenue ambitions and unveiled sweeping executive changes as it sharpens focus on connectivity, fintech, and digital infrastructure across Africa. The Johannesburg-based telecoms giant now projects service revenue growth in the “high teens” over the medium term—up from its earlier “mid-teens” guidance—reflecting confidence in its accelerating performance. For the first half of 2025, MTN reported a 22% rise in service rev…
MTN Group announces 22.4% increase in service revenue for H1 2025 driven by Nigeria, Ghana, and fintech innovation
MTN Group has announced impressive financial results for the first half of 2025. The company reported a 22.4% increase in service revenue, driven primarily by strong performances in Nigeria and Ghana. This growth, achieved in constant-currency terms, highlights its ability to navigate challenging macroeconomic conditions, including stabilising inflation and forex rates in key markets. Headline earnings per share (HEPS) soared by over 350% to 645…
Ralph Mupita leads MTN to $6 billion revenue in H1 2025
Key PointsMTN reported $6 billion in first-half 2025 revenue, supported by Nigeria’s 37.5% growth and Ghana’s 100.2% surge.Subscriber base rose to 297.7 million, with 164.4 million active data users and 63.2 million mobile money customers.EBITDA climbed 42.3% to R46.7 billion ($2.65 billion), while earnings per share rebounded sharply from losses a year earlier.MTN Group, Africa’s largest telecom operator, under the leadership of Zimbabwean exec…
MTN Group Boosts Revenue Targets, Reshuffles Leadership Team - Tech
MTN Group has raised its revenue targets and overhauled its executive team in a bid to sharpen its focus on connectivity, fintech, and digital infrastructure across Africa. The Johannesburg-based telecoms giant now expects its service revenue to grow by at least “high teens” in the medium term, an upgrade from its previous “mid-teens” guidance. For the first half of 2025, service revenue climbed 22% to R105.1 billion ($5.97 billion), with Niger…
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