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MTN Delivers Record H1 Growth, Announces Buyback
x/mtn-group
— Aug 24, 2026
MTN Group posted a robust first-half 2026 with EBITDA up 24.4% in constant currency to about R56bn and service revenue rising 17.5%, while adjusted HEPS climbed 21.3% as record margins supported strong cash generation. The company unveiled a six-billion-rand share buyback, progressed the IHS acquisition with regulatory approvals and a 30% Nigeria stake sale, and highlighted solid free cash flow and a balanced capital return framework under Ambition2030.
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