| MTN - quarterly update |
| 12 May 2025 8:34 |
| First quarter (Q1) 2025 key messages • Encouraging acceleration in operational momentum • Service revenue up 19.8%*, underpinned by growth in MTN Nigeria and MTN Ghana • Fintech sustained robust performance, in line with medium-term guidance • Pleasing expansion in Group EBITDA margin to 44.1%* (+5.3pp*) • Progress in network sharing, LEO partnerships and work on fintech separation • Maintained balance sheet and liquidity flexibility Highlights • Group service revenue increased by 10.4% (up 19.8%*) o Data revenue increased by 17.9% (up 28.7%*) o Voice revenue broadly flat, -0.1% (up 9.8%*) o Fintech revenue increased by 17.2% (up 25.2%*) • Total subscribers increased by 4.7% to 296.8 million • Active data subscribers up by 9.1 % to 161.7 million • Active Mobile Money (MoMo) monthly active users (MAU) increased by 1.1% to 62.2 million • Data traffic increased by 30.4% to 5 677 PB • Fintech transaction volumes increased by 13.9% to 5.5 billion and transaction value up by 48.9%* to USD95.3 billion |
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