West Africa delivers big for MTN Group

West Africa delivers big for MTN Group

MTN Group CEO Ralph Mupita MTN Group has reported a sharp recovery in earnings for the year to December 2025, swinging from a loss to a profit as a dramatic turnaround in Nigeria and strong growth in Ghana drove a 67% increase in adjusted headline earnings per share. Group service revenue rose 22.7% in constant…

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MTN appoints Mutooni as group investor relations exec

MTN appoints Mutooni as group investor relations exec

MTN Group has appointed Roy Mutooni as new executive of group investor relations. MTN Group has appointed Roy Mutooni as new executive of group investor relations, effective 1 April. In a statement, the company says Mutooni brings to MTN more than 20 years of experience in equity research, portfolio management, and value-based strategy across African…

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MTN initiates share buyback programme

MTN initiates share buyback programme

MTN Group plans to buy back between 1.7% and 2% of its shares, amounting to some R6-billion, over the next three years. Speaking at the company’s investor presentation following the release of its annual results for the year ended 31 December 2025 on Monday, MTN Group CEO Ralph Mupita said the programme is part of…

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MTN in push to formalise exit from Syria

MTN in push to formalise exit from Syria

MTN Group CEO Ralph Mupita and Abdulsalam Haykal, Syria’s minister of communications and IT, at MWC. (Image supplied by MTN) MTN Group has moved to formalise its exit from the Middle Eastern country of Syria. In a statement today, the South African-based telecommunications giant says MTN Group president and CEO Ralph Mupita met with Syrian…

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MTN mmWave trials show promise for extending 5G broadband reach

MTN mmWave trials show promise for extending 5G broadband reach

MTN South Africa’s Zoltan Miklos MTN South Africa and US-based Pivotal Commware have completed joint field trials showing how 5G millimetre-wave (mmWave) repeater technology can significantly expand broadband reach for fixed-wireless access customers. The trials, initiated in 2024, tested Pivotal’s “Pivot” 5G repeaters at three locations in Vanderbijlpark in Gauteng and Seshego in Limpopo. The…

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MTN Nigeria in dramatic full-year turnaround

MTN Nigeria in dramatic full-year turnaround

MTN Nigeria Communications CEO Karl Toriola MTN Nigeria has reported a dramatic reversal in fortunes, swinging from a loss of ₦400.4-billion (R4.7-billion) in 2024 to a profit after tax of ₦1.1-trillion (R12.9-billion) for the year ended 31 December 2025, as a more stable naira and surging data demand powered a recovery across the business. The…

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MTN makes a bold u-turn and buys back its own towers

MTN makes a bold u-turn and buys back its own towers

In a move that fundamentally reshapes the African telecommunications landscape, MTN Group has agreed to acquire the remaining shares of IHS Towers that it does not already own. The deal, valued at approximately $2.2 billion (R35.3 billion), will see Africa’s largest mobile operator seize full control of nearly 29,000 towers across the continent. This transaction…

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