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.
Telecom company MTN reported a significant increase in profit before tax for the third quarter of 2026, reaching GH¢ 11.3 billion. This represents a 51.8% rise compared to GH¢ 7.7 billion in the same period last year. The report, released on October 29, 2026, also showed a 35.7% increase in total revenue to GH¢ 23.2 billion, driven by strong growth in service revenue and mobile money business.
MTN's Mobile Money Business grew by 26.5% to GH¢ 5.3 billion, supported by increased adoption of digital financial services and a 6.9% rise in active users. The Mobile Money segment contributed 23.2% of service revenue, down slightly from 24.9% in the previous year. CEO Stephen Blewett attributed the company's strong performance to diverse revenue streams and sustained demand for data services, while acknowledging the challenging global environment.
The MTN Board proposed a gross interim dividend of GH¢ 0.03 per share for the quarter ending September 30, 2026, subject to applicable taxes.
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