With sound leadership and governance at its core, Mobile Telecommunications Ltd, MTC, continues to record impressive growth, with its 2025 financial results boosting a revenue increase of 14.4% to N$3.7 billion.
This sound growth is attributed to a sustained growth in demand for high-speed data and value-added mobile telecommunications services from prepaid customers and the enterprise segment.
The telco reported that prepaid subscriber base grew by 4.3% while prepaid Average Revenue Per User (ARPU) grew by 14.6% due to high data demand and value-added services, while roaming revenue increased by 2,5%. This is due to an increase in business travel by multinational companies exploring oil and gas opportunities, combined with the recovery of tourism. Strong customer demand for smart devices boosted handset and accessories revenue by 16.0%.
The Enterprise Business Unit grew revenue by 38.3%, due to 36.6% customer growth in the Spectra home fibre and enterprise customer base. This new revenue growth demonstrates the company’s progress in its strategy of diversifying into enterprise ICT markets, including IoT and fixed connectivity to achieve its strategic growth target. New revenue now accounts for approximately 4.5% of total revenue.
According to the report, MTC, as the country’s digital driver, will continue to diversify its revenue and broadening customer services, offering enterprises and consumers fibre, secure cloud, hosted PBX and fixed broadband value-added services. During 2025, MTC deployed 1 672 km of fibre, bringing the total fibre rolled out to 4 472 km. Fibre services were extended to Windhoek and coastal areas to support the demand for fixed internet services for businesses and homes. Fibre deployment will continue in 2026, including expanding services to support the growing energy and tourism sectors.
Earnings before interest, tax, depreciation and amortization (EBITDA) increased by 3.3% due to higher revenue and lower costs. The EBITDA margin increased from 45.9% to 49.1%, due to revenue growth and low operating costs.
For the year under review, capital expenditure approved was N$706 million (2024: N$893 million), which included capital expenditure carried forward from the previous financial year.
On the company’s outlook, with the evolving lifestyle changes, a youthful and highly connected population, and accelerating consumption of social media and digital content, MTC enters the new financial year with a clear and focused strategy aligned to its Integrated Strategic Business Plan. These structural shifts continue to shape demand for high-speed broadband, digital services, and mobile financial solutions, positioning MTC to pursue new opportunities in cloud, cybersecurity, data centres, and international business.
The company is set to pay out an final ordinary dividend of N$467 100 000 (62.28 cents per share) by 06 February 2026.