Storyline
MTN H1 Revenue Record
Timeline
- Fri, Aug 28LatestUnverified — not yet reviewed
MTN and Dubai Partner to Build 150MW AI Data Centres Across Africa
MTN Group has confirmed a partnership with Dubai-based investor Al Ashram to build 150 megawatts of AI-ready data centre infrastructure across Africa, with South Africa and Nigeria as the primary deployment markets. The commitment builds on MTN's Africa Data Hub spinout reported on August 27, adding a named UAE capital partner to the continent's largest AI infrastructure programme by a telecoms operator.
- Thu, Aug 27Unverified — not yet reviewed
MTN Spins Out Africa Data Hub as Continent-Wide AI Infrastructure Play With UAE Backing
MTN is spinning out a dedicated Africa Data Hub entity, backed by UAE capital, to position itself as a continent-wide AI infrastructure operator. The move extends the group's previously reported commitment to a 150-megawatt first phase of AI-ready data centres across South Africa and Nigeria into a formal corporate structure.
- Wed, Aug 26Unverified — not yet reviewed
MTN Commits to 150MW AI Data Centre in Landmark Infrastructure Bet
MTN Group has committed to a 150-megawatt first phase of an AI-ready data centre programme, with South Africa and Nigeria identified as the primary deployment markets. The commitment is described as the largest AI infrastructure bet placed by an African telecoms operator to date.
- Tue, Aug 25Unverified — not yet reviewed
MTN Posts $7.18 Billion H1 Revenue and Record Margins, Nigeria and Ghana Lead Growth
MTN Group reported $7.18 billion in first-half 2026 revenue at record margins, with Nigeria and Ghana powering performance while South Africa stagnated, reshaping the group's strategic geography. The results prompted MTN to approve a $375 million share buyback following a 21 percent profit rise, and additional analysis identifies Nigeria, Ghana, and Francophone Africa as the group's primary growth engines going forward.