MTN Uganda reports strong growth in 2025 financial results

Date: 2026-03-15
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By:  Kanto Kai Okanta

MTN Uganda has reported strong financial performance for the year ended December 31, 2025, driven by growth in mobile subscribers, data usage, and fintech services.

The telecom operator recorded a 10 percent increase in mobile subscribers, reaching 24.2 million during the period. Service revenue grew by 13.4 percent to Ush 3.6 trillion, while earnings before interest, taxes, depreciation, and amortization (EBITDA) rose by 17 percent to Ush 1.9 trillion, with the EBITDA margin improving to 53.8 percent.

Profit after tax increased by 5.8 percent to Ush 678.8 billion. The company also announced a final dividend of Ush 8.25 per share, amounting to Ush 184.7 billion for shareholders.

According to Sylvia Mulinge, Chief Executive Officer of MTN Uganda, the results reflect the growing role of connectivity and digital services in the daily lives of Ugandans.

The company reported a significant rise in data adoption, with active data subscribers increasing by 18.6 percent to 12 million. Data revenue also grew by 28.8 percent to Ush 1 trillion. Fintech services continued to expand, with active fintech subscribers rising by 6.5 percent to 14.7 million and fintech revenue increasing by 17.3 percent to Ush 1.1 trillion.

MTN Uganda said the growth highlights the increasing demand for digital connectivity, mobile financial services, and digital platforms that support learning, business transactions, and financial inclusion across the country.

 

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