MTN Group reports R218.5 billion in service revenue for 2025, up 23%. Nigeria overtakes South Africa as top revenue hub for the first time. West Africa ARPU and data penetration drive the shift.
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Airtel Africa FY2025: The Telecoms Rival MTN Coverage Missed
Airtel Africa posted $4.955 billion in FY2025 revenue and swung to a $328 million profit. Its mobile money arm generates 21% of group revenue — five times MoMo’s share at MTN. Here’s why that gap matters.