MTN Ghana Records 55.9% Profit Surge to GH¢7.8 Billion Driven by Fintech and Data Growth

Telecommunications leader Scancom PLC (MTN Ghana) has reported a robust financial performance for the 2025 fiscal year, announcing a 55.9% increase in profit after tax to reach GH¢7.8 billion. This significant growth comes on the back of a 36.2% rise in service revenue, which totaled GH¢24.4 billion. The company’s strong performance was largely catalyzed by a surge in digital and mobile money services, supported by a gradually stabilizing macroeconomic environment in Ghana. This financial milestone underscores MTN's dominant position in the national market as it successfully navigates evolving consumer demands and economic shifts. The expansion of data and financial services has been a primary engine for this revenue jump. Currently, MTN Ghana boasts a mobile subscriber base of 31.2 million, including 19.9 million active data users. In light of these strong results, the Board of Directors has recommended a final dividend of GH¢0.40 per share, a substantial increase from the GH¢0.24 paid out the previous year. CEO Stephen Blewett attributed the company's success to strategic infrastructure investments and a favorable economic climate, noting that the company is transitioning effectively out of its 'Ambition 2025' strategic phase. To sustain this momentum, MTN Ghana invested GH¢6.4 billion in capital expenditure, with a specific focus on enhancing 4G coverage and improving overall service quality for its subscribers. Looking forward, the telecommunications giant remains optimistic about its trajectory, forecasting service revenue growth in the mid-to-upper thirty percent range for the 2026 fiscal year. By prioritizing infrastructure and digital innovation, MTN Ghana aims to cement its role as a cornerstone of Ghana’s digital economy while delivering consistent value to its shareholders.