MTN Ghana, the country's largest telecommunications company, has reported record annual profits of GHS 2 billion, representing a 35% increase from the previous year. The strong performance reflects growth in data services and mobile money.
Key performance metrics:
- Revenue: GHS 8.5 billion (+25% YoY)
- Mobile money subscribers: 15 million (+40%)
- Data revenue: GHS 3.2 billion (+45%)
- Profit margin: 23.5%
MTN Mobile Money has been a particular success story, processing over GHS 1 trillion in transactions annually. The platform is now a key driver of financial inclusion in Ghana.
