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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