Mobile Telecommunications Limited (MTC) has invested N$533 million in fibre deployment over the past five years, a move aimed at enhancing connectivity and supporting the growing demands of various sectors.
As the company prepares for an anticipated expansion in the energy sector next year, it acknowledges that this is a much-needed intervention.
Also, in its efforts to diversify revenue streams and broaden customer services, MTC is offering a range of products, including fibre, secure cloud solutions, hosted PBX and fixed broadband value-added services. As per the company’s 2024 annual report, during 2024 alone, MTC successfully deployed 1 377 kilometres of fibre, increasing its total fibre rollout to 2 738 kilometres.
This expansion has notably extended fibre services to Windhoek and coastal areas, addressing the rising demand for reliable, fixed internet services among both businesses and residential customers.
“Our major capital investments, amounting to N$715 million (2023: N$588 million), were allocated to network and IT infrastructure upgrades and fibre deployment. These maintain network quality and availability, and support our expansion into 5G, cloud computing and Internet of Things (IoT) services,” said MTC managing director Licky Erastus.
Looking ahead, MTC is committed to continuing its fibre deployment into 2025, with plans to further expand services that cater specifically to the burgeoning energy and tourism sectors.
MTC grew revenue by 5.9% (2023: 5.3%), relative to the strategic target of 3% to 6%. The revenue growth was driven primarily by increased demand for high-speed data connectivity, new products and services, and growth in roaming services. “The recovery of tourism and an increase in business travel, combined with the introduction of eSIM for outward roaming, contributed to 41.3% growth in roaming services, lifting the revenue stream to the fourth-highest contributor to total revenue,” reads the report.
Looking ahead, MTC stated the focus is to offer total services as a communications service provider versus a mobile telecommunications provider that increases revenue potential.