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MTC Accelerates Digital Transformation with 5G Rollout and Fintech Expansion

December 9, 2025
2 min read
Author: Kay-Lyne Wolfenden

The results, presented by Managing Director Dr. Liki Erastus, highlight the company’s transformation from a traditional mobile operator into a digital services and solutions provider (DSSP), with significant advances in enterprise, fintech, and digital platforms.

MTC,  Namibia’s leading telecommunications company, has announced robust financial results for the year 2025, reflecting both resilience and strategic growth amid a challenging macroeconomic environment. The results, presented by Managing Director Dr. Liki Erastus, highlight the company’s transformation from a traditional mobile operator into a digital services and solutions provider (DSSP), with significant advances in enterprise, fintech, and digital platforms.

The company served over 2.3 million active customers in 2025, with network coverage reaching more than 98% of the population, including 86.5% LTE coverage. MTC also strengthened its corporate structure through the activation of MTC Maris, a mobile financial services subsidiary aimed at enhancing digital inclusion. The Namibian government remains the majority shareholder, alongside strong participation from institutional and retail investors, supported by robust governance and an experienced executive team.

Financial highlights for 2025 include a 14.4% growth in revenue compared to 5.8% in 2024, reflecting strong performance across data, prepaid, and enterprise services. The EBITDA margin improved to 49.1%, net profit after tax margin rose to 27.7%, and dividends to shareholders reached a record N$722 million. The company’s broadband network expansion, rural coverage, and digital innovations, including 5G rollout, underpin these strong results.

MTC’s strategic plan, ISBP 3.0, focuses on accelerated digital growth, with priorities including protecting and modernizing the mobile core, expanding fixed broadband, growing enterprise digital services, building scalable digital platforms, scaling fintech services through MTC Maris, and establishing a national data center. Regional expansion is also planned, positioning the company for high-impact opportunities while supporting Namibia’s digital transformation.

The company emphasized its commitment to socio-economic development, digital inclusion, and ESG principles. MTC’s disciplined cost management, operational efficiency, and strong cash generation reduced reliance on debt and enhanced financial resilience, ensuring flexibility for future investment in digital revenue streams. With shareholder returns, including an 80.2% payout of net profit after tax, and continued investment in innovative digital platforms, MTC remains a key driver of Namibia’s digital and economic future.

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