MTN Group, a major telecommunications operator in Africa, reported a 5.3% growth in operating profit for Q1 2025. The total subscriber base increased to 296.8 million.
MTN Group Financial Results
According to the company's financial report, the EBITDA margin stood at 44.1%, attributed to a boost in operational activity. Service revenue grew by 19.8% in constant currency, notably in key West African markets.
Key Metrics in Nigeria
MTN Nigeria reported a profit after tax of ₦133.7 billion ($102.85 million) in Q1 2025, marking a significant recovery from a ₦392.7 billion loss in the same period last year. Revenue for the quarter rose by 32.5%.
Results in South Africa
In South Africa, service revenue increased by 2.6%, while data showed a growth of 3.9%. The total number of subscribers grew by 5.6% to 39.2 million, with active data users increasing by 6.7%.
In Q1 2025, MTN Group demonstrated promising results that could strengthen its position in the market despite competitive challenges.
