Section of stakeholders at the general meeting. INSET: Ishmael Yamson
Board Chairman of MTN Ghana, Ishmael Yamson, has announced an increase profit of 55.9% post taxes with an outstanding growth of 36.1% in total revenue as indicated in the company’s 2025 financial result.
Addressing shareholders and stakeholders at the Annual General Assembly held yesterday, Ishmael Yamson, attributed the company’s strong performance to strategic efforts by management to boost customer engagement and broaden its service portfolio, with data, mobile money, digital, and voice segments all recording substantial gains.
He further indicated that the strong revenue performance, compared to the company’s disciplined approach to cost management in 2025 resulted in a 43.5% increase in EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) compared to 2024, with margins rising from 57.1% to 60.1%.
Mr. Yamson added that given the company’s strong performance, the Board of Directors recommends a final dividend of 40 pesewas per share for approval, payable on 10 April 2026.
“This brings the total dividend for 2025 to 48 pesewas per share — including the interim dividend payout of 8 pesewas in September — amounting to GH¢6.4 billion, or 81.0% of profit after tax. This represents a 57.4% increase in dividend per share compared to 2024,” he added.
CEO of MTN Ghana, Stephen Blewett on his part stated that the telecommunication network achieved a 36.2% Year-on-Year (YoY) increase in service revenue, reaching GH¢24.4 billion.
“This impressive growth was propelled by strong performance across data, Mobile Money, digital, and voice services. Our success reflects the impact of targeted investments guided by our value-based capital allocation framework, which enhanced our network infrastructure and elevated service quality,” he said.
Mr. Blewett further indicated that in reaffirming the company’s dedication to delivering Ghana’s leading network, they invested GH¢4.6 billion in ex-lease capital expenditure to enhance network quality, extend coverage and capacity, and upgrade its IT systems.
These investments resulted in greater operational efficiency and a superior customer experience. Together with complementary commercial initiatives, these efforts drove the addition of 2.6 million new mobile subscribers, increasing our total subscriber base to 31.2 million.
By year-end 2025, our focus on expansion and quality enabled us to sustain 99.2% 4G population coverage and further solidify our leadership in delivering outstanding connectivity services,” he indicated.
BY Prince Fiifi Yorke