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MTN Ghana's service revenue surges by 36.3% in third quarter
The Star
|October 30, 2025
MTN Ghana, a subsidiary of JSE-listed MTN Group, maintained its solid growth trajectory of the first half with service revenue increasing by 36.3% in the third quarter to end September 2025, compared with the same period last year.
The number of mobile subscribers increased by 6.4% to 30.5 million. The number of active data subscribers increased by 11.4% to 18.9 million. The number of active mobile money subscribers increased by 4.1% to 17.7 million.
Earnings before interest, tax, depreciation and amortization (EBITDA) increased by 41.6% to GHS10.2 billion. Profit after tax (PAT) increased 45.9% to GHS5.5bn. Total capital expenditure increased to GHS4.6bn from GHS3.3bn.
“MTN Ghana’s performance was driven by the consistent execution of our commercial strategy, resulting in a 6.4% year-on-year (YoY) growth in our subscriber base and a 36.3% YoY increase in service revenue. This was supported by sustained capital expenditure investments as well as improvements in the operating environment,” said the CEO, Stephen Blewett.
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