MTN boosts network with major fibre and infrastructure investment
MTN Nigeria has announced a significant investment to expand its fibre infrastructure and upgrade its network. The company spent N1tn in 2025 to strengthen its capacity and improve service nationwide, following a challenging financial year. Dr Karl Toriola, the Chief Executive Officer, described 2025 as a defining year, highlighting the link between profitability and infrastructure investment. MTN’s financial recovery has enabled the company to declare dividends and restore shareholder confidence.
TLDR
- MTN Nigeria invested N1tn in 2025 to expand fibre infrastructure and roll out more base stations.
- The company posted a profit after tax of N1.1tn for the year ended December 31, 2025.
- Service revenue rose 55.1% to N5.2tn in 2025, with earnings before interest, tax, depreciation and amortisation doubling to N2.7tn.
- MTN declared a N20 total dividend for the 2025 financial year, including an interim dividend of N5 paid in the fourth quarter.
- Subscriber base grew to 87.3 million, and active data subscribers reached 53.2 million, reflecting strong demand for digital services.
