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0 Telecommunications giant Scancom PLC (MTN Ghana) has cemented its market leadership with a stellar 2025 fiscal report, announcing a 55.9 per cent leap in profit after tax to GH¢7.8 billion.
The results, underpinned by an aggressive expansion in data and financial services, come at a time when a stabilising macroeconomic climate has re-energised consumer spending across the country.
The company’s service revenue surged by 36.2 per cent, reaching a staggering GH¢24.4 billion. This growth was propelled by a near-tripling of digital revenue and robust gains in the mobile money and data sectors, reflecting Ghana’s rapidly maturing digital economy.
In a move that will delight investors, the Board of Directors has recommended a final dividend of GH¢0.40 per share. This represents a significant increase from the GH¢0.24 paid out the previous year, signaling deep confidence in the company’s liquidity and future growth path.
Pending shareholder approval at the next Annual General Meeting, the dividend is slated for distribution on 10 April 2026.
In his review of the year, MTN Ghana CEO Stephen Blewett attributed the financial windfall to a combination of heavy infrastructure spending and a friendly economic backdrop.
“MTN Ghana reported a strong operational and financial performance for 2025, driven by the significant investment in our network and targeted commercial initiatives that have enhanced the customer experience,” Blewett remarked.
He further observed that the broader economic recovery played a crucial role: “These results were achieved in a favourable macroeconomic climate, with subsiding inflation and a strengthened local currency boosting consumer purchasing power.
To sustain this growth, MTN Ghana committed GH¢6.4 billion in capital expenditure during the year. This investment was primarily directed at bolstering 4G coverage and improving overall service quality to support a burgeoning subscriber base. Total mobile subscribers now stand at 31.2 million, with active data users jumping to 19.9 million.
As the company transitions out of its “Ambition 2025” strategic cycle, the leadership team remains bullish on the medium-term horizon. The company has maintained its guidance for service revenue growth in the “mid-to-upper thirties” per cent range.
“Looking ahead to 2026, MTN Ghana is well-positioned to capitalise on Ghana’s improving macroeconomic environment. Building on 2025’s performance and operational agility, we will continue to deliver value to our stakeholders,” Blewett concluded.
