• About
  • Advertise
  • Privacy Policy
  • Contact
Thursday, October 23, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

MTN Ghana Records Strong Financial Growth in 2025 Q1, Revenue Hits GH₵5.4 Billion

M.Cby M.C
April 30, 2025
Reading Time: 4 mins read
M.Cby M.C
in Vaultz Business
0
MTN Ghana Records Strong Financial Growth in 2025 Q1, Revenue Hits GH₵5.4 Billion

MTN Ghana Logo

MTN Ghana has kicked off the 2025 financial year with a robust performance, reporting a remarkable 39.4 percent increase in total revenue for the first quarter.

The telecommunications giant posted revenue of GH₵5.4 billion (GH₵5,362,262,000) from January to March, up significantly from the same period in 2024. This impressive growth trajectory reflects the company’s sustained investments in digital innovation, customer expansion strategies, and diversified revenue streams.

The company’s profit after tax for Q1 2025 stood at GH₵1.71 billion, while profit before tax reached GH₵2.43 billion. This is a strong financial position that further cements MTN Ghana’s dominance in the telecommunications and financial technology (fintech) sectors. The data, released through the Ghana Stock Exchange, shows that MTN Ghana paid a profit tax of GH₵719.7 million—marking a substantial increase of over 48% compared to the same quarter last year.

RelatedPosts

MobileMoney LTD Leads a Collaborative Effort Among Fintech Ecosystem Players to Harness Digital Credit and Asset Regulation

Ghana’s Textile Policy Faces Old Structural Hurdles, IMANI Warns

Trade Minister Champions Investment and Digital Focus at UNCTAD XVI, Geneva 

Chief Executive Officer of MTN Ghana, Stephen Blewett, attributed the positive results to strategic initiatives and targeted investments across core business areas including data services, voice communications, digital content, and Mobile Money (MoMo). “The first quarter of 2025 was characterised by solid execution of our commercial strategy, culminating in a 5.2% expansion of our subscriber base and a 39.6% increase in service revenue,” he stated.

Solid Performance Across Revenue Streams

MTN Ghana’s service revenue rose by 39.6% year-on-year to GH₵5.35 billion, outperforming its medium-term guidance and inflationary pressures. This growth was largely driven by increased demand for connectivity and fintech services, alongside consistent investments in expanding and enhancing the company’s network infrastructure.

During the quarter, MTN invested GH₵779.5 million in capital expenditures excluding leases—focusing on expanding network capacity and IT systems. This helped the company grow its mobile subscriber base by 1.5 million to a total of 29.2 million, while maintaining a 99.3% 4G population coverage.

ADVERTISEMENT

A key driver of MTN Ghana’s strong Q1 results was its data revenue, which rose by 54.9% year-on-year to GH₵2.8 billion. This growth stemmed from a 10.8% increase in active data users, fueled by an enhanced service offering, value-packed promotional bundles, and strategic network upgrades. Monthly data consumption per user jumped by 39.7% to 13.4GB, reflecting increasing consumer reliance on digital connectivity. Data now contributes 52.6% to total service revenue, up from 47.4% in Q1 2024.

Voice Revenue Shows Modest Growth

While traditional voice services remain relevant, their contribution to service revenue continued to decline in favor of digital and data-driven products. Voice revenue grew modestly by 6.2% YoY to GH₵951 million, bolstered by a 5.2% increase in mobile subscribers and improvements in call quality.

However, its contribution to total service revenue dropped from 24.3% in 2024 to 17.8% in 2025, highlighting the broader market shift towards Voice over Internet Protocol (VoIP) and data-based communication.

MTN Ghana’s digital revenue recorded a 65.4% YoY growth, reaching GH₵82.1 million. This was underpinned by the company’s proactive strategy to enrich user experiences through entertainment and gaming services, as well as personalised options like call-back ringtones.

The number of active users of MTN’s digital services rose by 14.7% YoY to 5.3 million. Digital revenue’s share in total service revenue increased slightly to 1.5%, from 1.3% in the prior year, reflecting the gradual rise of digital consumption in Ghana.

Mobile Money (MoMo) Continues to Lead Fintech Innovation

MTN Ghana’s Mobile Money platform continues to be a strong pillar of its business, posting a 53.1% YoY increase in revenue to GH₵1.3 billion. This was driven by a 44.8% surge in revenue from basic MoMo services and a 72.4% jump in advanced services such as digital payments, lending, and wealth management.

The company’s strategic partnerships with financial institutions and fintech players have played a vital role in broadening the accessibility and functionality of the platform.

MoMo saw an 11.5% YoY increase in active users, with transaction volumes and values processed on the platform growing by 19.7% and 94.8%, respectively. The contribution of MoMo revenue to total service revenue increased to 24.9% from 22.7% in the same period last year, underscoring its growing role in MTN’s diversified portfolio.

MTN Ghana’s Q1 2025 results highlight its adaptability and resilience amid macroeconomic challenges. The company’s multi-pronged strategy—centered on innovation, customer growth, and infrastructure development—has enabled it to not only maintain but expand its leadership position in Ghana’s competitive telecom and fintech landscape.

With over 29 million subscribers, enhanced 4G coverage, and a booming Mobile Money ecosystem, MTN Ghana is well-positioned to sustain its growth momentum throughout the year. As the company continues to invest in digital infrastructure and consumer-centric services, it is expected to play an even more critical role in Ghana’s digital and financial inclusion agenda.

READ ALSO: UESD-MasterCard Foundation Collaboration Launches Bold 10-Year Job Creation Plan

Tags: Datafintech innovationMobile money (MoMo)MTN GhanarevenueVoice revenue
Please login to join discussion
Previous Post

Minister Proposes Birth-Based ID System to End Age Fraud

Next Post

Israel’s Gaza Siege Reaches 60th Day

Subscription Form

Related Posts

MobileMoney LTD Leads a Collaborative Effort Among Fintech Ecosystem Players to Harness Digital Credit and Asset Regulation
Vaultz Business

MobileMoney LTD Leads a Collaborative Effort Among Fintech Ecosystem Players to Harness Digital Credit and Asset Regulation

October 21, 2025
Ghana’s Textile Policy Faces Old Structural Hurdles, IMANI Warns
Vaultz Business

Ghana’s Textile Policy Faces Old Structural Hurdles, IMANI Warns

October 21, 2025
Trade Minister Champions Investment and Digital Focus at UNCTAD XVI, Geneva 
Vaultz Business

Trade Minister Champions Investment and Digital Focus at UNCTAD XVI, Geneva 

October 20, 2025
Africa’s Digital Revolution Hinges on Cross-Border Interoperability – Telecom Chamber Boss Declares
Vaultz Business

Africa’s Digital Revolution Hinges on Cross-Border Interoperability – Telecom Chamber Boss Declares

October 20, 2025
Millions Lost to Mobile Money Scams as Cyber Fraud Skyrockets in Ghana — CSA Raises Alarm
Vaultz Business

Millions Lost to Mobile Money Scams as Cyber Fraud Skyrockets in Ghana — CSA Raises Alarm

October 19, 2025
IMANI Africa and ISSER to Present Groundbreaking Research on Ghana’s Digital Assets and Credit Guidelines at MTN MoMo’s Fintech Forum
Vaultz Business

IMANI Africa and ISSER to Present Groundbreaking Research on Ghana’s Digital Assets and Credit Guidelines at MTN MoMo’s Fintech Forum

October 14, 2025
Competent AGs Prosecute in Court, Minority Chides AG
General News

Competent AGs Prosecute in Court, Minority Chides AG

by Emmanuel Tibila BoasahOctober 23, 2025
President Mahama handingover ORAL Committee's findings to Attorney General and Minister for Justice Dr Dominic Ayine
General News

ORAL Must Move Beyond Catch-Up to a Robust Mechanism to End Looting – Analyst

by evansjrOctober 23, 2025
Jubilee Field offshore
Extractives/Energy

Ghana Urged to Boost Petroleum Investment to Realise $16bn Market Potential 

by Prince AgyapongOctober 23, 2025
GSE Tumbles as Benchmark Index Sheds Over 20 Points in Midweek Shake-Up
Securities/Markets

GSE Tumbles as Benchmark Index Sheds Over 20 Points in Midweek Shake-Up

by M.COctober 23, 2025
Minority Accuses Government of Running Away from Anti-LGBTQ+ Bill
General News

Minority Accuses Government of Running Away from Anti-LGBTQ+ Bill

by Silas Kafui AssemOctober 22, 2025
Louvre Director, Laurence des Cars.
Europe

Louvre Director Admits Security Failure

by Comfort AmpomaaOctober 22, 2025
Competent AGs Prosecute in Court, Minority Chides AG
President Mahama handingover ORAL Committee's findings to Attorney General and Minister for Justice Dr Dominic Ayine
Jubilee Field offshore
GSE Tumbles as Benchmark Index Sheds Over 20 Points in Midweek Shake-Up
Minority Accuses Government of Running Away from Anti-LGBTQ+ Bill
Louvre Director, Laurence des Cars.

Recent News

Competent AGs Prosecute in Court, Minority Chides AG

Competent AGs Prosecute in Court, Minority Chides AG

October 23, 2025
President Mahama handingover ORAL Committee's findings to Attorney General and Minister for Justice Dr Dominic Ayine

ORAL Must Move Beyond Catch-Up to a Robust Mechanism to End Looting – Analyst

October 23, 2025
Jubilee Field offshore

Ghana Urged to Boost Petroleum Investment to Realise $16bn Market Potential 

October 23, 2025
GSE Tumbles as Benchmark Index Sheds Over 20 Points in Midweek Shake-Up

GSE Tumbles as Benchmark Index Sheds Over 20 Points in Midweek Shake-Up

October 23, 2025
Minority Accuses Government of Running Away from Anti-LGBTQ+ Bill

Minority Accuses Government of Running Away from Anti-LGBTQ+ Bill

October 22, 2025
Louvre Director, Laurence des Cars.

Louvre Director Admits Security Failure

October 22, 2025
The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.

Discover the Details behind the story

Get an in-depth analysis of the news from our top editors

Enter your email address