MTN Nigeria invested N1 trillion in network capacity in 2025, more than doubling its prior year capital expenditure.
The company also paid N878.7 billion in taxes and levies during the year, reinforcing its position as one of Nigeria’s largest corporate taxpayers.
CEO Karl Toriola disclosed the figures in the company’s audited financial results for the year ended December 31, 2025.
The steep jump in investment followed last year’s approval of a 50 per cent tariff increase for the telecommunications industry.
Toriola stated that the company more than doubled network investment to strengthen service quality and user experience.
The telecom giant secured a three-year spectrum lease with T2 Mobile as part of its national roaming agreement.
It grew its mobile subscriber base to 87.3 million during the period, adding 6.4 million new users.
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Active data users rose to 53.2 million, up by 5.5 million year on year, as smartphone penetration continued to expand.
Data traffic on the network surged 34 per cent, underpinning strong service revenue growth of 55.1 per cent for the year.
Earnings before interest, tax, depreciation, and amortisation more than doubled, rising 108.9 per cent to N2.7 trillion.
The company reported a profit after tax of N1.1 trillion, a sharp reversal from the N400.4 billion after-tax loss recorded in 2024.
On January 20, 2025, the Nigerian Communications Commission approved the 50 percent increase in telecom pricing.
According to the Chairman of the Association of Licensed Telecommunication Operators of Nigeria, the tariff increase approval saved the industry from collapse.
The investment surge demonstrates how the tariff hike enabled operators to reinvest in infrastructure and service quality.
