MTC anticipates earnings to rise between 28% and 35%

Chamwe Kaira

Mobile Telecommunications Limited (MTC) signalled a strong performance ahead of its year-end results after issuing a trading statement on 21 November 2025. 

The company said its profit after tax, basic earnings per share and headline earnings per share for the period ending 30 September 2025 are expected to rise by between 28% and 35% compared to the previous year.

MTC said the projected increase is driven by solid revenue growth and cost-control measures. 

The figures have not yet been reviewed or audited, and the audited results are set for release on or around 8 December 2025.

In the 2024 annual report, MTC grew revenue by 5.9% compared to 5.3% in 2023, meeting its strategic target of 3% to 6%. 

Revenue growth came from higher demand for high-speed data connectivity, new products and services and growth in roaming services.

The company said it addressed the drop in prepaid subscriber numbers during compulsory SIM registration by attracting new subscribers through value-added products and service offerings. 

As a result, prepaid subscriber numbers trended upward in the second half of the year and supported 6% growth in revenue from the traditional mobile telecommunications market.

Prepaid revenue increased due to growth in Aweh subscriptions. Prepaid ARPU rose by 14.5% as active subscribers used more services.

MTC said pressure on affordability reduced revenue and ARPU from postpaid subscribers. 

It said this was due to price adjustments on new bundle offerings.

The recovery of tourism and increased business travel, combined with the introduction of eSIM for outward roaming, lifted roaming services by 41.3%, making it the fourth highest contributor to total revenue.

Revenue from the enterprise stream grew by 5.3% from a high base set the previous year when MTC acquired major business customers. Growth in the broader fixed business segment was offset by lower usage.

Last year, new revenue constituted about 3.7% of total revenue. MTC’s blended ARPU, including handsets, declined due to a lower contribution from enterprise revenue and a shift in product mix.

The company said MTC Maris was expected to deliver new revenue growth in its first year of operation during the 2025 financial year. 

MTC Maris is a mobile money service offered by MTC’s subsidiary, Windhoek General Administrator. 

It allows users to send and receive money, pay bills and make cash-in and cash-out transactions through a mobile device.

Caption

Last year, MTC said MTC Maris was expected to deliver growth in new revenue from its first year of operation. 

  • Photo: Contributed

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