By: Kanto Kai Okanta
MTN
Uganda has reported strong financial performance for the year ended December
31, 2025, driven by growth in mobile subscribers, data usage, and fintech
services.
The
telecom operator recorded a 10 percent increase in mobile subscribers, reaching
24.2 million during the period. Service revenue grew by 13.4 percent to Ush 3.6
trillion, while earnings before interest, taxes, depreciation, and amortization
(EBITDA) rose by 17 percent to Ush 1.9 trillion, with the EBITDA margin
improving to 53.8 percent.

Profit
after tax increased by 5.8 percent to Ush 678.8 billion. The company also
announced a final dividend of Ush 8.25 per share, amounting to Ush 184.7
billion for shareholders.
According
to Sylvia Mulinge, Chief Executive Officer of MTN Uganda, the results reflect
the growing role of connectivity and digital services in the daily lives of
Ugandans.
The
company reported a significant rise in data adoption, with active data
subscribers increasing by 18.6 percent to 12 million. Data revenue also grew by
28.8 percent to Ush 1 trillion. Fintech services continued to expand, with
active fintech subscribers rising by 6.5 percent to 14.7 million and fintech
revenue increasing by 17.3 percent to Ush 1.1 trillion.

MTN
Uganda said the growth highlights the increasing demand for digital
connectivity, mobile financial services, and digital platforms that support
learning, business transactions, and financial inclusion across the country.