Connecting Africa is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 3099067.

Business of Tech

Major data boom for MTN Ghana

Article Image
MTN has seen huge data growth from its customers in Ghana, with data traffic in the first half of 2022 jumping by 52.4%.

That’s according to MTN Ghana's results for the six-months ended June 30, 2022, which show that data revenue grew 49.3% year-on-year (YoY), to 1.8 billion Ghanaian cedi (US$212 billion).

MTN's data subscribers in the West African nation increased by 15.1%, to 13.1 million, and the megabytes consumed per active subscriber rose 32.3% YoY.

Data revenue now accounts for 39% of overall service revenue in Ghana, up from 33.6% a year ago.

The operator's service revenue grew by 28.9% to GHS4.7 billion ($553 million) driven by growth in voice, data and Mobile Money (MoMo). Earnings before interest, tax, depreciation and amortization (EBITDA) increased by 36% to GHS2.7 billion ($318 million) YoY.

Market dominance

Overall MTN Ghana now has 27.8 million mobile subscribers, growing 11.6% from the same time last year and keeping its market share in Ghana at almost 65%.

This strong market share got it into trouble back in 2020 when Ghana's National Communications Authority (NCA) classified MTN as a "Significant Market Power" and implemented a set of policies to reduce its dominance in the telecoms market.

MTN initially tried to fight the matter in court but later withdrew the case and rather focused on finding an amicable resolution with the regulator.

"MTN has made considerable progress in implementing three out of the seven remedies prescribed by the regulator," it said on Tuesday and added it was "in advanced stages" of implementing the fourth remedy on national roaming with the completion of the first pilot program.

In April, MTN Ghana signed a national roaming agreement which allows rival Vodafone Ghana to roam on its network and said that the pilot program implemented in the Volta region had been a success.

Yesterday, Connecting Africa reported that Vodafone was looking to sell a 70% stake in Vodafone Ghana to Telecel.

Vodafone is Ghana's second biggest operator but trails far behind MTN with only about 17% market share and AirtelTigo is close behind with 16.5% of the market.

Muted MoMo growth

MoMo revenue grew by 9% YoY, to GHS899 million ($106 million), despite slower growth in person-to-person (P2P) revenue and overall transactional activity.

In May 2022, Ghana's operators were forced to implement a 1.5% e-Levy on mobile money transfers.

"We continue to monitor consumer reaction to the levy and have implemented a 25% fee reduction to lessen the impact of the levy on customers along with campaigns to educate customers on the e-Levy and changes implemented," MTN said, which also led to the slower growth in MoMo revenue in the period.

Active MoMo users still increased by 11% YoY but the contribution of MoMo to service revenue decreased from 22.8% in June 2021 to 19.3% this year.

SIM registration delays

Another regulatory matter during the six months was the ongoing national SIM re-registration program instituted by the government to link all SIM cards to a Ghana National ID card.

At the end of July Ghana's Ministry of Communication and Digitalisation announced a further three-month extension on the registration exercise – which began in October 2021 – pushing the deadline back to September 30, 2022.

"MTN has committed additional resources and adopted various strategies including deployment of field teams into remote locations, self-service registration, announcements on customers’ phones during call initiation, SMS notifications, to name a few, to accelerate re-registration and ensure a speedy completion of the exercise," the telco said.

This week MTN's subsidiary in Nigeria also reported strong half year earnings with service revenue increasing almost 20% YoY, to 947.9 billion naira ($2.23 billion), and mobile subscribers increasing by 7.6% to 74.1 million at the end of June.

Related posts:

*Top image source: MTN Group.

— Paula Gilbert, Editor, Connecting Africa

Innovation hub


SA startup Sendoff is digitizing funerals

South African startup Sendoff is a full-service funeral app that is digitizing the way funerals are organized.


SA's Homemation wants smart homes to be seamless

Through its Control4 operating system, South Africa's Homemation highlights that operating smart homes should be a seamless experience.

More Innovation hub

Partner perspectives

5G is lighting up the future of North Africa
By Chris Meng, VP of Huawei Northern Africa Carrier Business Department

The moving target that is telecoms fraud
By Clémentine Fournier, Regional VP Sales, Africa, BICS

How mobile operators in Africa can address signalling threats and secure the network
By Katia Gonzalez, Head of Fraud and Security at BICS

All Partner Perspectives

Latest video

More videos

Guest Perspectives


Omdia View: June 2022

By Omdia Analysts

5G was the major news trend across Africa in June, as Orange became the first operator to launch 5G in Réunion and operators in Senegal accelerated their 5G plans despite spectrum delays.


Omdia View: May 2022

By Omdia Analysts

SpaceX-owned Starlink's plans to launch a satellite broadband service in Africa was a major highlight in May 2022, says Omdia's analysts.

More Guest Perspectives

Upcoming events

Africa Tech Festival
November 7-11, 2022
CTICC, Cape Town
More Upcoming events

Flash poll

All polls

Archived webinars

Africa Green ICT: Lighting Up a Sustainable Continent

The ICT industry is the leading industry in the commitment to carbon neutrality, whose focus has shifted from setting ambitious targets to taking initiatives. The push for zero-carbon and for green energy development, it isn't just about CSR – it's also good for sustainable business.

The path to sustainable development requires green energy. Governments are looking at potential policy approaches to make green energy more widely available and affordable. Without sustainable energy, there will be no digital transformation and no chance of making Africa more economically competitive in the post-pandemic era.

Africa Green ICT Webinar 2022 will bring together ICT industry leaders and senior industrial analysts to provide insight, best practices and key learnings on how to achieve zero-carbon targets and practice green development in Africa.

More Webinars

Sponsored video

More videos

AfricaCom perspectives


Digital inclusion as a catalyst for economic empowerment: Mastercard's Imelda Ngunzu

Mastercard's Imelda Ngunzu talks to Connecting Africa about how digital payment solutions and mobile money are transforming the lives of small business owners, women and marginalized groups in East Africa.


Accelerating women in STEM: In conversation with GirlCode's Tinyiko Simbine

GirlCode co-founder and CFO Tinyiko Simbine talks about why it's important to help girls and young women excel in science, technology, engineering and mathematics (STEM) fields.


How Poa Internet is unlocking meaningful connectivity in East Africa

Poa Internet's CEO Andy Halsall shares his views on what it takes to develop last-mile connectivity and get Africans online in a meaningful way.

More AfricaCom perspectives

Like us on Facebook

Newsletter Sign Up

Sign Up