MTN’s profit before tax for Q3 hits GH¢ 11.3 billion
The figure represents a 51.8% jump over the GH¢ 7.7 billion it recorded during the same period in 2025.
Telecoms company MTN reported a significant 51.8% increase in profit before tax for the first nine months of the year, reaching GH¢ 11.3 billion. This figure marked a substantial rise from GH¢ 7.7 billion during the same period in 2025. In MTN Ghana's performance report, released on October 29, 2026, total revenue climbed to GH¢ 23.2 billion, indicating a 35.7% increase from the previous year.
Capital investments amounted to GH¢ 3.2 billion during the same period. Mobile Money revenue grew by 26.5% to reach GH¢ 5.3 billion, fueled by expansion in core wallet services and advanced financial offerings. The company's active Mobile Money users increased by 6.9% to 18.9 million. CEO Stephen Blewett highlighted diversified revenue streams, with data revenue increasing by 39.9% YoY, driven by sustained demand for digital services.
Despite a challenging global environment, Ghana's economic landscape remained stable, with moderating inflation and strengthened external reserves. The MTN Board proposed a GH¢ 0.03 per share interim dividend for Q3, subject to applicable taxes.
Written by urgent.news from MyJoyOnline Ghana's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
Also reported by 1 other outlet
- MTN’s profit before tax for Q3 hits GH¢ 11.3 billion myjoyonline.com
