MTC has delivered a solid performance for the six-months ending 31 March 2025 with an increased revenue of 15.8% from N$1.57 billion to N$1.82 billion year-on-year. This is attributed to consistent subscriber growth, improved product performance, and revenue uplift across the company’s diversified portfolio.
This robust growth underscores the effectiveness of MTC’s strategy to deepen mobile penetration, scale its digital ecosystem, and strengthen enterprise partnerships. A statement released by the company shows that Prepaid revenue surged by 18%, continuing to anchor MTC’s mobile business. This was powered by enhanced bundle offerings, improved ARPU, and strong adoption of the flagship Aweh suite.
With over 57% of FY2024’s prepaid revenue already achieved in the first half, this segment is set to surpass previous records if the current trend holds. Postpaid revenue remained stable a 0.3% year-on-year increase. Monthly subscription income rose by 4%. The Enterprise Business Unit (EBU) continues to deliver strong results, with 40.1% revenue growth and a 51% increase in spectra connections. Device and accessories sales rose by 23%, bolstered by a strong appetite for handset upgrades and financing. Meanwhile, visitor roaming income jumped 26%, driven by the rebound in tourism and expanded international roaming agreements.
“Our focus for the second half of FY2025 is to drive the increase of prepaid revenue, accelerate broadband uptake, and expand enterprise contracts and monetise digital platforms. Mobile business remains strong, with targeted campaigns planned to maximize recharges and data consumption and the simplification of product offers. Broadband efforts will intensify with expanded fibre rollout and improved installation capacity, while the Enterprise Business Unit will target high value verticals and cross-border opportunities. Channel efficiency, customer retention, and digital engagement remain critical enablers as MTC sustains growth momentum through year-end. Overall, the MTC delivered a strong financial performance in the 1st half of the financial year, supported by revenue growth and improved operational efficiencies,” said the Telco.