MTN Ghana achieves double-digit growth in first quarter

Telecommunications group MTN Ghana has reported an increase in subscribers, service revenue and earnings before interest, tax, depreciation and amortisation (Ebitda) for the first quarter of 2022 despite a tough start to the year. Ebitda increased by 46.6% to GHS1 403-million, with a 4.9 percentage points increase in the Ebitda margin to 59.5%, while profit after tax expanded 53.7% to GHS707.5-million during the first quarter under review.

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