MTN Group reported strong financial results for the full year 2025, with service revenue growing by approximately 11% and earnings before interest, tax, depreciation, and amortisation (EBITDA) increasing by about 13%. These figures underscore the resilience of the pan-African telecommunications giant amid economic challenges.
The performance is widely seen as validating the "Ambition 2025" strategy led by Group President and CEO Ralph Mupita. A core pillar of this strategy is a pivot from a traditional mobile operator to a comprehensive digital and technology platform provider. This involves significant investment in fintech, fiber-to-the-home, and digital enterprise services.
Key growth drivers included MTN's fintech arm, MoMo, which saw a substantial increase in active users and transaction volume, and its data services. The company has been actively scaling its infrastructure and forming partnerships to drive digital inclusion across its markets in Africa and the Middle East.
Analysts note that while macroeconomic pressures persist, MTN's focus on high-growth digital segments is positioning it for future revenue diversification. The 2025 results provide tangible evidence that the strategic shift under Mupita's leadership is gaining traction, though execution risks in various operational markets remain.
