MTN Ghana records 51.8% rise in profit before tax to GH₵11.3bn

MTN Ghana has reported a robust financial performance for the first nine months of 2026, posting a profit before tax of GH₵11.3 billion. This figure represents a substantial 51.8% increase compared to the GH₵7.7 billion recorded during the same period in 2025. The results, released on October 29, 2026, underscore the telecommunications giant's continued growth trajectory and its strengthening position within the Ghanaian market.

Total revenues for the period reached GH₵23.2 billion, marking a 35.7% year-on-year increase. Service revenue specifically grew by 33.5% over the previous year, driven by diversified revenue streams. Notably, the Mobile Money business saw a 26.5% increase, contributing GH₵5.3 billion to the overall revenue. To sustain its operations and infrastructure development, the company reported capital expenditures of GH₵3.2 billion during this nine-month window.

MTN Ghana CEO Stephen Blewett attributed the strong performance to growth across key business segments and diversified revenue streams. Following the positive results, the company has declared a gross interim dividend of GH₵0.03 per share for its shareholders. The eligibility cutoff for the dividend is set for November 26, 2026, with electronic payouts scheduled to be distributed on December 10, 2026. This distribution reflects the company's commitment to returning value to its investors amid sustained operational success.