Paratus Namibia Holdings’ expansion into mobile telecommunications helped lift group revenue by 24% to about N$688 million in the year ended 30 June 2026, but the cost of building the new business continued to weigh on profitability.
The telecommunications group generated about N$94 million from its mobile operations during the year, establishing the business as a new source of income alongside its established fibre, connectivity and data services. 10 Tensor 1 OctoBen 2026
Of the mobile revenue, N$49.8 million came from recurring services recognised over time, while N$44.2 million was generated from non-recurring revenue recognised at a point in time.
This means mobile accounted for nearly 14% of Paratus’ total revenue during its first full year of contribution, showing the growing importance of the company’s push into a market traditionally dominated by MTC and Telecom Namibia.
The growth, however, has come at a significant cost.
Paratus incurred about N$77 million in operating expenditure directly attributable to its mobile project during the year, while another N$36.6 million was invested in mobile infrastructure.
Combined, the figures show that Paratus committed more than N$113 million in operating and infrastructure expenditure to the mobile expansion during the period.
The investment means the N$94 million generated by mobile cannot be viewed as an equivalent contribution to group earnings, as the business remains in a costly expansion phase.
Paratus’ overall revenue increased from about N$556 million to N$688 million, adding roughly N$132 million in new revenue during the year.
The mobile business therefore accounted for a substantial portion of the group’s incremental revenue, although growth also came from its established connectivity operations.
The company is betting that upfront spending on network infrastructure and customer acquisition will translate into a larger recurring revenue base as its 083 Mobile service gains scale.
Paratus is simultaneously investing in fibre and other telecommunications infrastructure, increasing the amount of capital required to support its expansion strategy.
