MTN Crosses Landmark Customer Threshold and Restores Confidence in Key Markets

MTN Group has achieved one of the most significant milestones in its 29-year history: more than 300 million customers now rely on its services across Africa and the Middle East.

The achievement, announced in MTN’s quarterly update for the period ending 30 September 2025, signals a company firmly back on a growth trajectory, supported by improving macroeconomic conditions, rising digital adoption, and strong performance from its largest markets.

Nigeria and Ghana Drive MTN’s Strong Momentum

At the centre of MTN’s resurgence are MTN Nigeria and MTN Ghana, both of which delivered exceptional revenue growth and steady customer additions during the quarter.

For MTN Nigeria, the period marked a major financial turnaround. The company:

• Returned to positive retained earnings
• Restored its net equity position
• Regained the ability to resume dividend payments

These improvements follow years of turbulence driven by currency volatility, regulatory adjustments, and macroeconomic instability in Nigeria, MTN’s largest market.

MTN Ghana also posted strong operational momentum, helping reinforce investor confidence across the Group.

A Symbolic and Strategic Milestone for MTN

MTN Group President and CEO Ralph Mupita described the 300 million customer mark as both symbolic and strategic. According to him, the achievement reflects the Group’s resilience and its long-term commitment to expanding digital access.

“We are excited to continue our work to connect Africa, providing leading digital solutions that will drive the continent’s digital transformation and socioeconomic progress,”
— Ralph Mupita, Group President and CEO, MTN

Mupita stressed that MTN’s growth is increasingly being driven by data, fintech, and enterprise solutions, which are becoming central pillars of the company’s long-term strategy.

Economic Tailwinds Boost MTN’s Performance

The Group’s progress benefited from improving economic and regulatory conditions across key markets, enabling MTN to scale digital inclusion initiatives and improve customer experiences.

With over 300 million customers, MTN continues to play a leading role as one of Africa’s biggest drivers of connectivity and financial inclusion. The milestone also deepens its commitment to providing MTN Group has crossed 300 million users, with improving economic conditions and strong performance in Nigeria and Ghana, restoring confidence across key markets. Learn how MTN’s data, fintech, and enterprise growth are shaping its turnaround. Digital pathways for broader socio-economic participation.

A Renewed MTN Positioned for the Future

As MTN continues to expand 4G and 5G networks, strengthening fintech infrastructure, and push into enterprise solutions, the Group is setting itself up for sustained growth across Africa and the Middle East.

With confidence restored in major markets like Nigeria, MTN’s leadership says the focus now is on accelerating digital transformation for millions.