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MTN Group

Ambition 2030, 2026 to 2030

Leading digital solutions for Africa’s progress
MTN’s purpose, Ambition 2030

Ambition 2030

MTN is Africa’s largest telecoms company by customers and revenue, with more than 300 million subscribers in 19 markets and MoMo, its mobile money service. Ambition 2030 splits it into three platforms, connectivity, fintech, and digital infrastructure, each with its own leaders, priorities, and targets.

Across all three: leading customer experience, artificial intelligence for growth, and shared value.

Connectivity

Mobile, home, and business connections. Data is already the largest part of revenue.

  1. C1Scale data. Add 60 to 70 million active data users by 2030 and double how much each uses, with data passing half of group revenue.
  2. C2Accelerate Home. Connect more than 20 million homes, up from 2.8 million, mostly over fixed wireless and fibre: about 30% of the 70 to 90 million homes it could serve.
  3. C3Empower enterprises. Grow enterprise revenue about two to three times by 2030, led by converged solutions.

24 August 2026

  • Service revenue rose 17.5% to R115.3 billion in the first half of 2026. Data revenue rose 29.2% and is now 49.9% of service revenue.
  • Subscribers rose 6.7% to 317.7 million, active home customers rose 58.2%, and MTN launched MTN One TV.

More than three times today’s fibre by 2030

MTN has more than 140,000 km of fibre, and plans more than three times that by 2030, with twice the subsea capacity. Today’s fibre would reach about a third of the way to the Moon, and three times as much would pass it.

Moon, 384,400 km140,000 km+
  • 3.5×round the equator, today
  • 80–150 MWof new data centres in a first phase
  • ~30,000towers once the IHS deal completes

To scale: the fibre against the Moon’s average distance of 384,400 km and the equator’s 40,075 km. The 2030 length is three times today’s 140,000 km, the least the ambition allows.

40 to 50 million more MoMo users by 2030

MoMo had 69.5 million monthly active users at the end of 2025, up from 46.4 million in 2020, and 70.8 million by June 2026. The 2030 target adds 40 to 50 million more, and asks advanced services such as lending, remittances, insurance, and wealth to pass half of fintech revenue, from 34%.,,

70.8m

MoMo monthly active users, June 2026.

Each umbrella is 10 million monthly active users.

  1. Give each part of the plan its own leaders and numbers.

    MTN split Ambition 2030 into three platforms, each with dedicated leadership, measurable KPIs, and a simpler framework for faster execution. We recommend organising a plan around the businesses that will run it, so each target has one owner.

  2. Close the last plan before opening the next.

    MTN opened its 2030 strategy by reporting how Ambition 2025 went, from shareholder returns to debt. We recommend starting each new plan with an honest account of the old one, so people trust the new targets.

  3. Set targets as what you will add.

    Many of MTN’s 2030 targets are additions: 60 to 70 million more data users, 40 to 50 million more MoMo users, 20 million homes. We recommend framing a target as the change you will make from today, which keeps the effort in view.

Sources

  1. 1. MTN Group Limited (2026). One MTN – Three platforms: unlocking growth, delivering returns. Capital Markets Day presentation, Ralph Mupita, 10 June 2026. mtn-investor.com
  2. 2. MTN Group Limited (2026). Connectivity. Capital Markets Day presentation, 10 June 2026. mtn-investor.com
  3. 3. MTN Group Limited (2026). Fintech. Capital Markets Day presentation, 10 June 2026. mtn-investor.com
  4. 4. MTN Group Limited (2026). Digital Infrastructure. Capital Markets Day presentation, 10 June 2026. mtn-investor.com
  5. 5. MTN Group Limited (2026). Financial results for the six months ended 30 June 2026: results overview. MTN Group, 24 August 2026. mtn-investor.com

Headwater is not connected with MTN Group. MTN, MoMo, Bayobab, and MTN One TV are trade marks of their owners. Updated 29 September 2026.

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