MTN Ghana FY revenue grows to GHS 5.18 bln

Friday 28 February 2020 | 09:59 CET | News
MTN Ghana said its revenues reached GHS 5.18 billion for the year ended 31 December 2019 under both IFRS 16 and IAS 17, from GHS 4.22 billion in 2018 under IAS 17. EBITDA increased by 65.7 percent to GHS 2.63 billion under IFRS 16 or by 38.6 percent to GHS 2.20 billion under IAS 17. Net profit increased to GHS 1.01 billion under IFRS 16 or GHS 1.11 billion from GHS 754.68 million in 2018 under IAS 17. 

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: MTN Ghana
Countries: Ghana
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


MTN Ghana denies offering unlimited calls

Published 15 Apr 2020 11:27 CET | Ghana
MTN Ghana has denied social media reports to the effect that it is giving subscribers free unlimited calls by calling star 31 ...

MTN Ghana sees 13-15% service revenue growth in next 3 years

Published 17 Mar 2020 09:24 CET | Ghana
MTN Ghana says it projects service revenue growth of between 13 and 15 percent in the next three years, Ghanaian Times reported. ...

MTN Group grows underlying service revenue 10% in 2019

Published 11 Mar 2020 09:49 CET | Africa
MTN Group announced its service revenue increased by 9.8 percent in 2019 to ZAR 141.8 billion, and EBITDA expanded by 13.6 ...

MTN Ghana increases router and bundle prices

Published 06 Mar 2020 10:23 CET | Ghana
MTN Ghana has announced an increase in prices from March, with the cost of the TurboNet router going up to GHS 499 from GHS 300. ...

MTN Nigeria FY service revenue rises 12.6%, mobile subscribers up 6 mln to over 64 mln

Published 02 Mar 2020 09:59 CET | Nigeria
MTN Nigeria's service revenue increased by 12.6 percent to NGN 1.2 billion in the year ended 31 December 2019 compared with 2018. ...

Tecnotree provides Digital BSS Suite 5 to MTN Ghana

Published 25 Feb 2020 14:18 CET | Ghana
MTN Group has selected Tecnotree as its partner for digital modernisation in Africa and the Middle East. MTN Ghana is the first ...

MTN Ghana launches economic empowerment project for people with disabilities

Published 17 Feb 2020 11:24 CET | Ghana
MTN Ghana has launched an Economic Empowerment Project (EEP) to help people with disabilities to become financially independent. ...

Ghana mobile subscriptions rise 1.7% in December

Published 11 Feb 2020 11:24 CET | Ghana
The total number of Ghanaian mobile voice subscriptions grew by 1.70 percent to 40.86 million by 31 December 2019 from 40.17 ...

Calendar   /   Industry Events

23 Feb MWC Shanghai
23 Feb European 5G Conference
25 Feb MTN Nigeria Q4 2020
25 Feb Freenet Q4 2020
25 Feb Telefonica Q4 2020
25 Feb Consolidated Communications Q4 2020
25 Feb American Tower Q4 2020
25 Feb Neophotonics Q4 2020
25 Feb Cogent Communications Q4 2020
25 Feb Cable One Q3
25 Feb VMware Q4
25 Feb TPG Telecom FY results
25 Feb PCTel Q4 2020
25 Feb Dell Technologies Q4 2020
25 Feb Shentel Q4 2020
25 Feb Axiata Q4 2020
25 Feb Twitter analysts day
25 Feb Akamai analysts meeting
26 Feb HTHK FY results
26 Feb Deutsche Telekom Q4 2020
26 Feb Tecnotree Q4 2020
26 Feb Proximus Q4 2020
26 Feb OTE Q4 2020 2020
26 Feb Megacable Q4
01 Mar Inseego Q4
01 Mar Liberty LatAm Q4 results
01 Mar Switch Q4 2020
01 Mar Ooma Q4
01 Mar Zoom Video Communications Q4
01 Mar TIM Brasil investors day
::: More Calendar Items