MTN Rwanda returns to profit as data and fintech drive Q1 growth
- MTN Rwanda returned to profit in Q1 2026 with a profit after tax of Rwf 10.8 billion.
- Service revenue increased by 14.7% year-on-year to Rwf 295.7 billion.
- EBITDA grew by 17.3% to Rwf 106.8 billion, improving the EBITDA margin to 35.8%.
MTN Rwanda's return to profitability amidst challenging economic conditions highlights the resilience of the telecom sector in Rwanda. The company's strategic focus on digital services and infrastructure investment is commendable, but it will need to navigate inflationary pressures and geopolitical challenges to sustain growth.
