• MTN Uganda has posted a 13.3% increase in total revenue to Ush 1.7tn for the six months ending 30 June 2025, as more customers embraced connectivity and fintech services to stay in touch, run their businesses, and access opportunities in an increasingly digital world.

• Voice revenue edged up 0.4% to Ush 629bn, while fintech income rose 18.6% to Ush 524.6bn. Data revenue saw the strongest growth, increasing 31.3% to Ush 490.2bn, supported by rising subscriber numbers and usage.

• The company’s subscriber base expanded 10.2% to 22.8 million, with active data users climbing 23.4% to 10.8 million. Fintech users grew 6% to 13.3 million, reflecting increasing adoption of digital financial services.

• The board declared an interim dividend of Ush 10.0 per share, amounting to Ush 223.8bn, payable on 19 September 2025.

MTN Uganda has announced strong financial results for the six months ended 30 June 2025, with total revenue rising by 13.3% to Ush 1.7 trillion. The performance reflects continued growth in data and fintech usage, supported by sustained investment in digital infrastructure and customer experience.

Revenue growth was underpinned by a 31.3% increase in data income to Ush 490.2 billion and an 18.6% rise in fintech revenue to Ush 524.6 billion. Voice revenue remained stable at Ush 629 billion, up 0.4% year-on-year.

The company’s customer base expanded by 10.2% to 22.8 million, with active data subscribers increasing 23.4% to 10.8 million. Fintech users rose by 6% to 13.3 million, highlighting the growing relevance of digital financial tools across segments.

“We are encouraged by the trust our customers continue to place in MTN,” said Sylvia Mulinge, Chief Executive Officer of MTN Uganda. “Our focus on enhancing the network, broadening access, and improving service quality continues to support both performance and impact.”

MTN Uganda invested Ush 219.7 billion in its network during the period, deploying 355 new sites primarily to extend 4G and 5G coverage. 4G population coverage increased from 87.8% to 88.2%, while 5G coverage reached 19%, up from 15.3% in December 2024. The company also expanded its fibre footprint to improve capacity and enable its home broadband rollout.

Earnings before interest, tax, depreciation, and amortization (EBITDA) rose 17.8% to Ush 924.2 billion, reflecting efficiency gains and scale benefits.

MTN Uganda contributed Ush 681 billion in taxes during the half-year and concluded a one-off tax settlement with the Uganda Revenue Authority amounting to Ush 110.9 billion. As a result, profit after tax declined 9.7% to Ush 267 billion. Excluding the impact of the tax settlement, underlying profit after tax grew by 27.8% to Ush 377.9 billion.

The board declared an interim dividend of Ush 10.0 per share, totaling Ush 223.8 billion, payable on 19 September 2025.

In line with its commitment to inclusive development, the company extended digital access to underserved communities through its “21 Days of Y’ello Care” initiative. This year’s campaign, in partnership with four cultural kingdoms, supported hospitals and schools, reaching over 67,000 beneficiaries. Total CSR investment in the period stood at Ush 1.6 billion.

Looking ahead, MTN Uganda remains focused on delivering sustainable growth through enhanced network quality, digital innovation, and broader fintech reach.