MTN Group Posts $7.18bn H1 Revenue, Record Margin

Nigeria, Ghana power MTN's historic $7.18bn H1 2026 revenue

MTN Group has recorded another historic result, signalling a performance that continues to benefit from foreign exchange stability in key markets and its digital infrastructure expansion.  In its first-half 2026 earnings, the operator announced service revenue of approx. $7.18 billion (R115.3 billion), 17.5% more than what it earned a year ago, and the highest in its history. Profit after tax increased to $994 million (R15.9 billion) from R14.8 …

Subscriber gains drive sales growth for MTN in H1

MTN reports group service revenues of $7.21bn for first half of 2026 EBITDA up 24.4%, helped by strong subscriber growth in Ghana and Nigeria African telco reduced its capital intensity compared with the first half of 2025

MTN Group posts $7.18bn H1 revenue, record margin

MTN Group has reported record margins for the first half of 2026, with service revenue, earnings and capital spend all showing strong growth. In the six months to June 2026, and in constant-currency terms, MTN Group’s service revenue grew 17.5 percent to R115 billion, (equivalent to roughly $7.18 billion) Earnings before interest, tax, depreciation and … The post MTN Group posts $7.18bn H1 revenue, record margin appeared first on TechTrendsKE.

MTN Revenue Rises to R115.3 Billion as Subscribers Hit 317.7 Million; Data, Fibre, Digital and AI Drive Growth

MTN Group has delivered strong growth in the first half of 2026 as rising mobile data consumption, subscriber expansion, home broadband, fibre, digital services and fintech strengthened its position across African telecom markets. MTN office Service revenue of MTN increased 9.7 percent to R115.3 billion, compared with R105.1 billion in H1 2025. Data emerged as the largest contributor, accounting for 49.9 percent of Group service revenue.EBITDA i…

MTN starts share repurchase

The MTN board) has decided to implement a share repurchase programme. The programme will see the group buy up approximately 31-million ordinary shares for about R6-billion, based on the closing price on 21 August 2026. The repurchase programme starts today (24 August), after the closed period for interim results for the six months ended 30 June 2026. The share repurchase authority was granted at MTN’s annual general meeting in May, when sharehol…

MTN Group delivers record margin in H1 2026, with strong earnings, cashflow and returns; initiates share buyback programme

MTN Group delivered strong growth, robust cash generation and increased returns in the first half of 2026. After launching the Ambition 2030 strategy to guide the next phase of MTN’s value creation, the Group also advanced various strategic initiatives – most notably the planned acquisition of tower group IHS Holdings and the launch of a share buyback programme. On a pro forma basis, MTN’s proposed transaction to buy the remaining shares in IHS …