KAMPALA, Uganda — MTN Uganda customers processed 195.5 trillion shillings in mobile money transactions in 2025, underscoring the dominant role of digital financial services in the national economy.
The transaction volume, spread across 5 billion individual actions, supported a 17.3% increase in fintech revenue to 1.1 trillion shillings. The platform now counts 14.7 million active users and maintains a network of 241,000 agents and 114,800 merchants.
The fintech surge helped drive total service revenue for the year ended Dec. 31, 2025, to 3.6 trillion shillings, a 13.4% increase. Net profit rose 5.8% to 678.8 billion shillings, a figure that includes a 110.9 billion shilling one-off tax settlement. Excluding that settlement, underlying profit grew 23.1%.
Beyond financial services, data revenue hit a milestone of 1 trillion shillings, growing 28.8% as the active data user base reached 12 million. Total subscribers across the network grew 10% to 24.2 million.
To sustain this growth, MTN Uganda invested 549.4 billion shillings in infrastructure during the year. This expansion increased 4G population coverage to 88.6% and accelerated the rollout of 5G services in urban centers.
Chief Executive Officer Sylvia Mulinge said the company remains focused on strengthening connectivity and expanding digital services.
The board proposed a final dividend of 8.25 shillings per share. This brings the total 2024 payout to 28.75 shillings per share, representing 643.7 billion shillings returned to shareholders.
MTN Uganda, the largest listed company on the Uganda Securities Exchange, expects continued demand for digital platforms. The company maintains a medium-term outlook for service revenue growth in the upper teens and EBITDA margins above 50%.
