JOHANNESBURG - MTN Group delivered a strong turnaround in 2025, beating dividend expectations as the mobile operator returned to profit.
The group declared a R5-a-share dividend, ahead of market forecasts, after rebounding from last year's loss linked to currency pressures in Nigeria.
MTN reported headline earnings of 1,274 cents, while basic earnings per share rose to 1,113 cents.
The turnaround was driven by improved conditions in key African markets.
Meanwhile, South Africa posted modest service revenue growth amid intense competition. The continued investment in its network pushed the group's customer base beyond 300 million.