MTC tops 1.85m users
TELECOMS| March 9, 2012, 10 a.m.
Namibian telco MTC has passed the 1.85 million subscriber mark and grown its annual revenues by 3.2%.
MTC said mobile penetration in Namibia has now passed 108%, consisting of 1,854,700 active MTC customers (active sim card that made any communication even that was chargeable in the past three months) and an additional 435,000 for the other mobile operators.
In its annual report for the 2011 financial year, MTC said its annual revenue had grown to USD189 million, although its net profit fell by 14.2%. The decline in profits was attributed to increased operating costs.
The telco said its data revenues had grown to 21% of total turnover in 2011. MTC said more than 80,000 customers accessed the Internet through a PC or tablets and over 470,000 via their mobile phones, giving it close to 550,000 users accessing mobile internet from various platforms.
Dirk Conradie, MTC’s board chairman said: “It is clear that there was an increase in people’s disposable income, and that positively affected MTC’s corporate business directly and indirectly.”
MORE TELECOMS NEWS
Huawei seeks to help build better connected AfricaHuawei is seeking closer cooperation with the governments of Zimbabwe and other southern African countries in accelerating connectivity, the company’s VP for Eastern and Southern Africa, has told the Innovation Africa Digital (IAD) Summit 2015 in Vitoria Falls. Read More
NATCOM set to take over NITEL/Mtel assetsThe government of Nigeria has cleared the coast for the take-over of the assets of former state-run NITEL and its mobile arm Mtel, by an indigenous firm, NATCOM Consortium. Read More
Nigeria lawmakers approve NCC’s N60.2b budgetNigeria’s lower legislative chamber, the House of Representatives, has passed the N60.258 billion 2015 budget of the Nigerian Communications Commission (NCC). Read More
Microsoft empowers loyal customers in it Make It Happen PromoWinners of the Make it Happen Competition have received their prizes at the posh Silver Bird Lounge in Accra. Read More
Nigeria’s active telephone numbers up to 142mThe Nigerian Communications Commission (NCC) says the number of active telephone lines in the country increased to 142,589,775 in February. Read More
Tigo opens 46th Customer Experience CentreTigo Ghana has opened a new Customer Experience Centre in Abeka Lapaz, as part of the company’s ongoing nationwide retail expansion. Read More
TEDx Accra hosts Vodafone Chief Marketing guru Agnes EssahOne of Ghana’s most innovative and inspirational sharing platforms, TEDx Accra, hosted Vodafone Ghana’s Chief Marketing Officer, Agnes Emefa Essah, among other distinguished speakers at this year’s TEDx Accra summit. Read More
NATCOM completes payment in NITEL, Mtel acquisitionThe preferred bidder of Nigerian Telecommunications Limited (NITEL) and its mobile arm (Mtel), NATCOM Consortium, has paid $176,575,700 (N29,696,469,600) — being the outstanding 70 per cent of the $252,521,000 bid price for the acquisition of the assets and business units of the enterprises. Read More
Telecom Namibia ends CDMA servicesTelecom Namibia has discontinued both the Switch voice and 3G-EvDO data services on its legacy CDMA (Code Division Multiple Access) network. Read More
World telecom regulators to meet in Libreville in JuneA total of 130 telecommunication regulators out of the 193 member states of the International Telecommunication Union (ITU) will meet in the Gabonese capital in June. Read More
FEATURED STORYe-commerce space untapped, says phonekings head
E-commerce is the future, says the head of a new online electronics mall launched in Nigeria. Tayo Olusanya spoke to Kokumo Goodie in Lagos.
BEST READ NEWS
IN DEPTHVillagers get solar training at Barefoot College
The Botswana Human Resource Development Council (HRDC) has seconded seven semi-illiterate mostly Ngwatle villagers for a six month solar electrification training course at the famed Barefoot College in India.