Chamwe Kaira
Mobile Telecommunications Company’s (MTC) profit after tax for the year ended 30 September 2025 rose to N$1.02 billion, up from N$772.9 million in 2024.
MTC said the increase reflects strong execution across mobile, fixed broadband, enterprise, and digital services. Earnings per share grew to 136.37 cents, with headline earnings per share showing the same rise.
Total income increased by 14.24% to N$3.71 billion, driven by higher demand for high-speed data and value-added mobile services. Prepaid subscribers grew by 4.3% after successful SIM registration campaigns, and prepaid ARPU increased by 14.6%.
Improved postpaid products helped protect core revenue, while roaming income grew by 2.5% due to more business travel and tourism. Strong demand for smart devices pushed handset and accessory sales up by 16%.
Operational efficiency also improved. EBITDA margins increased from 45.9% to 49.1%, and nominal EBITDA rose by 22.3%. Direct costs fell by 7.4% because the prior year’s regulatory levy no longer applied.
Personnel costs rose by 17.2% and administrative expenses increased by 4.4% as the company expanded capacity and realigned structures. Sales and marketing costs went up by 21.9% to support the growth of MTC Maris, the company’s mobile financial services platform.
These investments expanded distribution channels, brought in more partners, and strengthened Maris as a national payments service.
MTC reported that revenue growth continued to exceed the rise in operating costs, showing improved operating leverage.
The board declared a final dividend of 62.28 cents per share. The company enters the new financial year with a strategy aligned to ISBP 3.0, focusing on a growing digital population and demand for broadband and mobile financial services.
Key priorities include 5G rollouts, fibre expansion, enterprise services, and the scaling of cloud, cybersecurity, IoT, and cross-border digital solutions.
“MTC begins the year strengthened by the successful launch of 5G rollouts, accelerated fibre expansion and solid momentum across enterprise, broadband and digital services. The group will prioritise protecting and growing the core mobile business, ensuring its prepaid and postpaid offerings remain competitive, profitable, and aligned with the evolving needs of Namibian consumers.”
Caption
MTC’s strong results reflected strong execution across mobile, fixed broadband, enterprise, and emerging digital businesses.
Photo: Contributed
