This growth was driven by strong performance in data services and Mobile Money (MoMo). Additionally, the company marked a historic milestone with the commercial launch of 5G, a groundbreaking achievement that accelerates Rwanda's digital transformation.
MTN Rwanda's service revenue for the first half of 2025 grew by 13.1% to Frw 137.4 billion. Data revenue increased by 10.1%, reaching Frw 23.3 billion, while MoMo revenue surged by 29.1% to Frw 68.6 billion, reflecting the growing adoption of digital financial services.
"MoMo Rwanda continues to deepen its role in bridging the digital and financial inclusion gap across Rwanda," said Chantal Kagame, CEO of MoMo Rwanda. "We've achieved robust growth in active users and merchant adoption, reflecting the platform's trustworthiness and relevance in everyday life."
Total subscribers increased by 3.5%, reaching 7.8 million, while active MoMo users grew by 9.1% to 5.6 million, underscoring MTN Rwanda's leadership in digital services.
The company also saw a significant increase in its EBITDA, which rose by 43.7% to Frw 56.1 billion, with the EBITDA margin improving by 9.1 percentage points. Profit After Tax (PAT) rebounded to Frw 6.3 billion, recovering from a loss in the previous year.
"We are pleased to present our half-year results, showcasing strong growth across our business units," said Dunstan Ayodele Stober, MTN Rwanda's Ag. Chief Finance Officer. "EBITDA demonstrated a solid growth performance of 43.7%, achieving a commendable EBITDA margin of 40.4%. This reflects the strong execution of our cost transformation program and improved quality of our earnings."
In June 2025, MTN Rwanda became the first telecom operator to commercially launch 5G in the country. This achievement is a significant step toward realizing Rwanda's Vision 2050, enhancing digital service delivery across urban and rural communities.
With the successful launch of 5G, accelerated 4G migration, and relentless focus on cost efficiencies, Chief Executive Officer of MTN Rwanda Ali Monzer says the telecom is positioning itself to lead the market in both relevance and resilience.
'Our strategy is clear and proven: bold investment in future-ready infrastructure, precision in execution, and putting customers at the core of every decision we make. As CEO, I remain confident in our ability to sustain this momentum, unlock new growth frontiers, and deliver meaningful, consistent returns for our shareholders,' he states.
MTN Rwanda's community investments were also highlighted during the period, with the company's 21 Days of Y'ello Care campaign making an impact on local communities. MTN Rwanda provided 100 smartphones to Community Health Workers on Bugarura Island and distributed 100 solar kits to rural communities, ensuring connectivity for remote areas.
With continued investments in network infrastructure and digital services, MTN Rwanda is well-positioned to maintain strong performance in the second half of 2025.
The company's focus on cost management, operational efficiency, and future-proofing its network is expected to drive sustained growth, ensuring long-term value for its shareholders and stakeholders.
IGIHE
Source : https://en.igihe.com/business-62/article/mtn-rwanda-reports-13-1-revenue-growth-to-frw-137-4-billion
