MTC tops 1.85m users

TELECOMS

|
Image: Dirk Conradie, MTC’s board chairman . By MTC
Dirk Conradie, MTC’s board chairman

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.”



Share the News

Get Daily Newsletter

comments powered by Disqus

MORE TELECOMS NEWS

Airtel unveils Ksh19bn investment plan

Airtel Kenya has announced an ambitious investment programme totaling Kshs.19 billion over the next 3 years.  Read More

Tigo adds 275 cell sites

Tigo Ghana is making additional network investments and expansions to meet demand for additional capacity across the country. Read More

Tigo Ghana rolls out new cell sites

Tigo is rolling out new base stations to fill gaps in its 3G coverage and improve on its 2G coverage in Ghana. Read More

MainOne marks 5 years

In its five year existence, MainOne has invested over $300m in infrastructure in West Africa. Read More

MTN CEO restates commitment to education

The Chief Executive Officer of MTN Nigeria, Mr. Michael Ikpoki, has restated the telco’s strong commitment to partnering with government to develop the education sector.  Read More

VP commissions Huawei Seeds for the Future programme

Ghana’s Vice President, H.E Paa Kwasi Amissah Arthur, has officially commissioned the Huawei Seeds for the Future Programme in Accra.  Read More

IHS plans to inject fresh $500m to grow capacity

Mohammed Darwish, managing director of IHS Towers, says the firm will soon inject another $500million into the business after raising some $2.5billion to finance expansion drives. Darwish spoke with biztecafrica.com in Lagos. Read More

More convenience for Airtel customers in Embu with new Airtel shop

Airtel Kenya has opened a new Airtel shop in Embu town as part of the company’s aggressive expansion and upgrade plan.  Read More

Nebula: You’re probably wasting 20% of your telecoms spend

South African businesses are wasting up to 20% of their telecommunications spend every year, according to a new white paper by Nebula. Read More

Tigo CEO chairs Ghana Chamber of Telecommunications

The Governing Council of the Ghana Chamber of Telecommunication has elected the Chief Executive Officer of Tigo Ghana Roshi Motman as the new Chair of the Chamber. Read More

PRESS OFFICES

Sage ERP AfricaSAP AfricaSage Pastel AccountingTrust PayVMWareSamsung ElectronicsMitsumi DistributionPhoenix DistributionMTN BusinessSchneider ElectricMultichoiceMicrosoft 4Afrika

FEATURED STORY

IHS plans to inject fresh $500m to grow capacityIHS plans to inject fresh $500m to grow capacity

Mohammed Darwish, managing director of IHS Towers, says the firm will soon inject another $500million into the business after raising some $2.5billion to finance expansion drives. Darwish spoke with biztecafrica.com in Lagos.

IN DEPTH

As curtain falls on MDGs, what next?As curtain falls on MDGs, what next?

Dr. Bjorn Lomborg, president of the Copenhagen Consensus Centre, speaks to Biztechafrica about setting smart targets.