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Mobile Telecommunications Company (MTC) has increased its revenue by 15.8 percent from N$1.57 billion to N$1.82 billion in the last six months.
The results show a robust 51 percent growth in spectra connections , showing an increased appetite in data usage.
A statement released by the Namibian Stock Exchange-listed company on Sunday said the revenue increase is attributed to consistent subscriber growth, improved product performance, and revenue uplift across the company’s diversified portfolio.
MYC said the growth underscores the effectiveness
of their strategy to deepen mobile penetration, scale its digital ecosystem, and strengthen enterprise partnerships.
The statement showed 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 company said.
MTC said 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” the company said.
The mobile services company said their focus for the second half of 2025 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,” the company said.
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