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


InDrive enters Zimbabwe's Bulawayo

Ride-sharing platform InDrive is expanding its services to Zimbabwean city of Bulawayo after successfully introducing its services in the capital of Harare in May this year.


Five African healthtech startups to watch

Connecting Africa has compiled a list of five African healthtech startups that have been making an impact in the lives of the communities they serve and are worth keeping an eye on in 2023.

More Innovation hub

Latest video

More videos

Industry announcements

More Industry announcements

Sponsored video

More videos

Partner perspectives

All Partner Perspectives

Africa Tech Perspectives


The 100 most influential African leaders in 2023

A new report from Africa Tech Festival and Connecting Africa puts a spotlight on the top 100 African leaders in the telecoms and technology sector in 2023.


Deep dive into East Africa's tech startup ecosystem

New survey reveals a lack of access to investors, reliance on international VCs and global recession trends as the biggest barriers for East African tech startups to access funds.


Challenges and opportunities for women's tech careers

A new survey reveals that COVID-19, the cost-of-living crisis, skills shortages and a lack of mentorship have negatively affected women's career development over the past two years.

More AfricaCom perspectives

Upcoming events

Nextv Series Africa
October 4-5, 2023
Hotel Sky Sandton, Johannesburg
Africa Tech Festival, Home of AfricaCom and AfricaTech
November 13-16, 2023
CTICC, Cape Town
More Upcoming events

Flash poll

All polls

Guest Perspectives


Omdia View: August 2023

By Omdia Analysts

Highlights in August 2023 in the Middle East and Africa included a commercial 5G launch from Ethio Telecom and the signing of a virtual wheeling agreement between Vodacom South Africa and Eskom – that and more in this month's Omdia View.


Omdia View: February 2023

By Omdia Analysts

In February 2023 key events in the Middle East and Africa included a major Internet project for Africa's underserved by Liquid Intelligent Technologies and Microsoft as well as a 5G launch in Tanzania – that and more in this month's Omdia View.

More Guest Perspectives

Like us on Facebook

Newsletter Sign Up

Sign Up
Tag id I-0000192