MTN Ghana has reported a 45.9% profit jump after-tax for the third quarter of 2025 after racking in $401 million (GHS5.5 billion) driven by a sharp rise in data, fintech and digital service revenues.
The telco’s digital and fintech segments continue to anchor its transformation and continued dominance of Ghana’s digital economy and the success of its Ambition 2025 strategy.
According to the company’s financial results, total service revenue climbed 36.3% year-on-year to ($1.26 billion) GHS17.3 billion, propelled by strong consumer demand for high-speed data, mobile money transactions and digital entertainment.
As one of the Group’s key markets, MTN Ghana now serves 30.5 million subscribers, maintaining its position as the country’s leading telecom operator.
Data remained the standout performer, surging 46.8% to $679 million (GHS 9.3 billion) and contributing more than half of the total service revenue.
The growth was supported by an 11.4% increase in active data users to 18.9 million, along with higher average data consumption, which jumped by 41.3% to 14.5GB per user per month.
Fintech services, anchored by MTN Mobile Money (MoMo), also posted strong growth, with revenue up 39.2% to GHS4.3 billion. The platform now has 17.7 million active users, reflecting its central role in deepening financial inclusion across Ghana.
Voice and digital services contributed positively to the overall performance, with voice revenue rising 9.3% to $230 million (GHS2.9 billion) and digital revenue more than doubling to $25.7 million (GHS324.4 million), driven by video streaming, gaming and app-based content adoption.
MTN Ghana CEO Stephen Blewett, who took over the helm in 2023 with a mission to accelerate Ghana’s digital transformation, said the telco’s impressive performance reflects the power of strategic execution and innovation in fintech and data services.
“Our performance in the third quarter of 2025 reflects consistent strategic execution, underpinned by strong data and fintech growth. Continued investment in network capacity and customer experience remains our focus as we support Ghana’s digital transformation,” he said.
Blewett further revealed that MTN Ghana invested $336 million (GHS4.6 billion) in capital expenditure during the period, maintaining 98.9% 4G population coverage and supporting a 57.3% rise in data traffic. As one of Ghana’s largest corporate taxpayers, MTN also contributed $533 million (GHS7.3 billion) in direct and indirect taxes.
Moving forward, the CEO stressed that MTN Ghana plans to expand its fintech and AI-driven digital platforms while maintaining its commitment to infrastructure and financial inclusion.
Share
