MTN Uganda grows network, profit with $86 million investment
MTN Uganda reported U.S. $86 million in capital spending for the period through Sept. 30, 2025, aimed at improving voice quality, data speeds and the stability of mobile payments. The investment funded the addition of 237 network sites and the laying of 5,880 kilometers of fiber, broadening national broadband and fiber reach. 5G population coverage climbed to 19 percent from 15.3 percent a year earlier, while 4G service reached 88.3 percent.
Company officials said a cross-border payments link to Tanzania and a remittance partnership with Dubai Duty Free helped expand digital financial services, and earlier rollouts in investment, insurance and lending supported growth. Fintech transaction value totaled 140.8 trillion Ugandan shillings, a 23 percent increase. Mobile Money handled 3.6 billion transactions, up 19.2 percent, and advanced service income rose 25.2 percent. Subscriber counts increased, with the customer base at 23.5 million, active data users above 11 million and fintech subscribers at 14.2 million. Service revenue grew 13.6 percent to 2.6 trillion shillings, led by a 30.2 percent rise in data revenue, while earnings before interest, taxes, depreciation and amortization rose 18.5 percent to 1.4 trillion shillings. Profit after tax was 471.2 billion shillings.
