MTN Nigeria’s booming data business drove a 54.5% revenue jump to N2.38 trillion in H1 2025, setting the company on course for record N5 trillion full-year earnings.
MTN Nigeria Communications Plc reported half-year 2025 revenue of N2.38 trillion, a 54.5% increase from N1.54 trillion in the same period last year, positioning the telecom giant to surpass N5 trillion in annual revenue for the first time. Data services led the surge, contributing N1.22 trillion—52% of turnover—up from just 18.7% of revenue six years ago.
With 89.2 million subscribers and roughly 52% market share, MTN maintains a clear lead over Airtel, Globacom and 9mobile. Strong cash generation continued as operating activities produced N955.7 billion net cash, enabling heavy reinvestment in network expansion, debt repayment and shareholder returns.
MTN’s value-added statement showed N1.41 trillion created in H1 2025, distributed among employees (N54.7 billion), government (N207.4 billion in taxes), capital providers (N279.7 billion) and shareholders (N414.9 billion in retained profit).
The company said, “Data now pays MTN’s bills—and then some,” underscoring Nigeria’s surging demand for digital services and reinforcing MTN’s dominance in the country’s telecommunications market.