This, as the telecommunications giant crossed the milestone of 300 million customers for the first time.<\/p>\n
<\/p>\n
In its latest quarterly trading update, MTN reported service revenue growth of 22.6% in constant currency, supported by improved macroeconomic conditions, easing inflationary pressures and relative currency stability in key markets such as Nigeria, Ghana and South Africa (SA).<\/p>\n
<\/p>\n
Mupita said the Group\u2019s performance reflected disciplined execution of its long-term strategy and continued investment in digital infrastructure. The strongest momentum came from MTN Nigeria and MTN Ghana, which delivered service revenue growth of 57.1% and 35.9% respectively.<\/p>\n
<\/p>\n
Nigeria\u2019s recovery was particularly notable, with the operation restoring positive retained earnings and resuming dividend payments. Improved foreign-exchange liquidity, a stabilising naira and strong demand for data contributed to its turnaround.<\/p>\n
<\/p>\n
Across the Group, data revenue grew by 35.4% as active data users increased to 165.8 million, while data traffic rose by 26.6%. MTN also reported continued expansion of its fintech ecosystem, with fintech revenue rising by 23.1% and the value of transactions processed through MoMo reaching $342.3 billion.<\/p>\n
<\/p>\n
In Southern and East Africa, markets such as Uganda, Rwanda and Zambia delivered solid growth, with the region recording a 22% rise in service revenue. MTN Ghana remained one of the Group\u2019s standout performers, benefitting from network investment and rising demand for data, digital services and mobile financial services.<\/p>\n
<\/p>\n
SA, however, recorded modest service revenue growth of 2%, constrained by intense competition in the prepaid segment. MTN said it would accelerate efforts to improve prepaid performance while continuing to scale fixed-wireless and fibre offerings in its Home connectivity portfolio.<\/p>\n
<\/p>\n
Looking ahead, Mupita said MTN would maintain disciplined capital allocation and continue integrating artificial intelligence solutions across its services. The Group plans to roll out its new artificial intelligence-powered digital education partnership with Microsoft from early 2026.<\/p>\n
<\/p>\n
Despite competitive pressures in several markets, MTN expects sustained growth into the fourth quarter, supported by a healthier balance sheet, stable operating environments and rising demand for digital and fintech services across Africa.<\/p>\n
<\/p>\n
–ChannelAfrica–<\/p>\n","protected":false},"featured_media":15424,"template":"","meta":{"_acf_changed":false,"_links_to":"","_links_to_target":""},"news-type":[44],"class_list":["post-15423","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"MTN Group President and Chief Executive Officer (CEO) Ralph Mupita has highlighted the company\u2019s \u201cbroad-based and resilient\u201d performance across its African and Middle Eastern markets in the nine months ending September 30, 2025. ","published_date":null,"news_description":"MTN Group President and Chief Executive Officer (CEO) Ralph Mupita has highlighted the company\u2019s \u201cbroad-based and resilient\u201d performance across its African and Middle Eastern markets in the nine months ending September 30, 2025. ","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/15423","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":1,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/15423\/revisions"}],"predecessor-version":[{"id":19668,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/15423\/revisions\/19668"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/15424"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=15423"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=15423"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}