MTN H1 FY26 EBITDA before once-off items climbs 25% to R56 billion; service revenue rises 17.5% to R115 billion
Reuters2026/08/24 05:16- MTN Group H1 2026 service revenue rose 17.5% to ZAR 115 billion in constant-currency terms.
- EBITDA before once-off items climbed nearly 25% to ZAR 56 billion, with the group citing record margins.
- Launched a share buyback of about 31 million ordinary shares for up to ZAR 6 billion under its Ambition 2030 payout framework.
- Proposed buyout of remaining IHS shares seen closing in H2 2026; MTN expects a 30% sell-down of IHS Nigeria.
- Customer base reached 317.7 million; active Mobile Money users rose to 70.8 million, lifting fintech transaction value to USD 330 billion.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
UBS lowers Ciena target price to $394
EUR/USD Price Forecast: Holds key 100-day SMA at start of the US CPI week
Malaysia Govt Spending Plan Could Help 99 Speed Mart Retail -- Market Talk
Paying the price for supporting the yen? Japan's foreign reserves fell by $87.8 billions in August, possibly due to selling US Treasuries for funding.
Japanese authorities may have used part of their foreign exchange reserves, including foreign securities such as U.S. Treasury bonds, over the past month to fund record-sized foreign exchange intervention operations.
Crypto prices
More
