MTN Uganda Invests $86 Million to Enhance Network and Digital Services
The investment supports the company’s key priorities of expanding broadband and fibre infrastructure while advancing financial inclusion across the country.
MTN Uganda invested $86 million (Ush 299.8 billion) in capital expenditure during the nine months ending September 30, 2025, to enhance voice quality, data speeds, and the stability of its mobile money platform. The investment supports the company’s key priorities of expanding broadband and fibre infrastructure while advancing financial inclusion across the country.
During the period, MTN Uganda rolled out 237 new network sites and deployed 5,880 kilometres of fibre, boosting both broadband and fibre coverage nationwide. The telecom also reported a rise in 5G population coverage to 19%, up from 15.3% in 2024, while 4G coverage improved to 88.3%.
In its efforts to expand digital and financial services, the company launched cross-border payment services between Uganda and Tanzania and partnered with Dubai Duty Free to enhance international remittances. These initiatives, along with earlier product innovations in investment, insurance, and lending, contributed to a 23% increase in fintech transaction value to Ush 140.8 trillion.
MTN Uganda’s customer base grew by 8.8% to 23.5 million, with active data users rising 18.6% to 11 million and fintech subscribers increasing 8% to 14.2 million. The Mobile Money platform continued to perform strongly, recording a 19.2% jump in transaction volume to 3.6 billion and a 25.2% increase in advanced service income.
Service revenue rose 13.6% to Ush 2.6 trillion, supported by a 30.2% surge in data revenue, while EBITDA grew 18.5% to Ush 1.4 trillion, with a margin of 53.9%. Profit after tax reached Ush 471.2 billion, reflecting MTN Uganda’s solid performance and continued investment in digital transformation.
