Bold statement: MTC has delivered a stunning turnaround, posting a profit after tax of N$1.02 billion for the year ended 30 September 2025, up from N$772.9 million a year earlier—and the momentum shows no sign of slowing. But here’s where it gets controversial: this surge comes alongside a mix of aggressive investments and strategic shifts that could redefine Namibia’s telecom landscape.
Chamwe Kaira reports that MTC’s revenue and earnings growth stem from robust execution across its core and emerging segments, including mobile services, fixed broadband, enterprise solutions, and digital offerings. Earnings per share climbed to 136.37 cents, matching the increase in headline earnings per share.
Total income rose by 14.24% to N$3.71 billion, driven by a continued surge in demand for high-speed data and value-added mobile services. Prepaid subscribers grew by 4.3% following successful SIM registration campaigns, while prepaid ARPU jumped by 14.6% as customers used more data and value-added services.
Postpaid products improved, helping shield core revenue streams, and roaming income advanced by 2.5% thanks to more business travel and tourism activity. Demand for smart devices supported a 16% rise in handset and accessory sales.
Operational efficiency also strengthened. EBITDA margins expanded from 45.9% to 49.1%, and nominal EBITDA increased by 22.3%. Direct costs declined by 7.4% due to the prior year’s regulatory levy no longer applying.
However, personnel costs rose 17.2% and administrative expenses increased 4.4% as MTC expanded capacity and realigned structures. Sales and marketing costs grew 21.9% to back the growth of MTC Maris, the company’s mobile financial services platform.
These investments broadened distribution channels, brought in more partners, and reinforced Maris as a national payments service.
MTC noted that revenue growth outpaced the rise in operating costs, signaling improved operating leverage and stronger profitability.
The board declared a final dividend of 62.28 cents per share. Looking ahead, the company enters the new financial year with a strategy centered on ISBP 3.0, targeting a growing digital population and rising demand for broadband and mobile financial services.
Key priorities include rolling out 5G, expanding fibre networks, expanding enterprise services, and scaling cloud, cybersecurity, IoT, and cross-border digital solutions.
“MTC begins the year stronger thanks to the successful 5G launches, accelerated fibre expansion, and solid momentum across enterprise, broadband, and digital services. The group will focus on protecting and expanding the core mobile business, ensuring prepaid and postpaid offerings remain competitive, profitable, and aligned with Namibian consumer needs.”
Caption: MTC’s strong results reflect solid execution across mobile, fixed broadband, enterprise, and emerging digital ventures.
Photo: Contributed
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