MTN Group’s Revenue Soars in H1 2025, Fueled by African Growth and Fintech Innovation
MTN Group has announced outstanding financial results for the first half of 2025, showcasing remarkable growth across its operations. The telecom giant reported a substantial 22.4% increase in service revenue, a significant achievement driven by strong performances in key African markets like Nigeria and Ghana. This positive performance, calculated in constant-currency terms, indicates MTN’s capacity to overcome economic challenges, including managing inflation and foreign exchange fluctuations in core operational territories. The strong results underscore the robustness of African telecom market and the resilience of its consumers.
Stellar Financial Performance and Future Outlook
The company’s financial performance was marked by a surge in headline earnings per share (HEPS), which climbed by over 350% to reach 645 cents. This impressive increase represents a significant recovery from a loss of 256 cents in the first half of 2024. MTN’s current performance aligns with its projected range, emphasizing its effective execution and operational stability within the African market landscape. Reflecting on this strong performance, MTN has also enhanced its medium-term outlook from a mid-teen growth projection to at least high-teen growth expectations, reinforcing its confidence in continued positive momentum. The company’s leadership, represented by Group President and CEO Ralph Mupita, stated that the H1 results reveal the business’s ongoing resilience and progress.
MTN’s remarkable revenue increase signifies its strong presence in the evolving telecommunications landscape of Africa. The company’s commitment to disciplined implementation and its positive trajectory suggest continued success in the dynamic African market.
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