MTN Nigeria Communications Plc has reported a significant increase in earnings, with profit after tax rising by 55.3 per cent to N1.17 trillion in the first nine months of 2026.

The company attributed its strong performance to increased demand for data services and improved operational efficiency.

The telecommunications giant recorded a total revenue of N4.61 trillion during the period, while service revenue rose to N4.59 trillion.

The figures reflect continued growth in Nigeria’s telecommunications market and the increasing reliance of individuals and businesses on digital connectivity.

Data revenue emerged as a major contributor to the company’s performance, increasing by 35.8 per cent to N2.68 trillion.

The growth was supported by higher internet consumption and the expanding use of digital services across the country.

MTN Nigeria also recorded an increase in its subscriber base, with active data users reaching 57.2 million and total subscribers rising to 94.7 million.
The company’s improved operating margins further strengthened its financial position.

The results highlight the growing significance of data services in Nigeria’s telecommunications industry.

With internet demand continuing to expand, MTN is expected to maintain its focus on network investment, digital solutions and improved customer experience.