By Jaime Llinares Taboada


MTN Ghana on Wednesday reported an improved profit for the first quarter of 2022.

The telecommunications operator in Ghana made a pretax profit of 1.00 billion cedi ($133.0 million) in the three months ended March 31, up from GHC640.3 million a year earlier.

Revenue rose 34% to GHC2.36 billion, with growth in mobile subscribers and active data subscribers.

"We are acutely aware of the uncertainties the current macro environment may have on the prospects of the business for the rest of the year, and remain focused on efficient execution, spend discipline and operational diligence to ensure delivery of our objectives for the year," MTN Ghana said.


Write to Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT


(END) Dow Jones Newswires

04-27-22 1300ET