MTC has reported profit after tax of N$1.02 billion for the year ended September 2025, up from N$772.9 million in 2024, as stronger data usage, enterprise demand and prepaid growth boosted earnings.
The telco said its financial performance reflected disciplined delivery across its operating segments, with dividends for the period reaching N$722 million, the highest payout yet recorded by the company.
Managing Director Licky Erastus said total revenue climbed to N$3.7 billion, a 14.4% increase compared to 5.8% in the prior year. He added that enterprise services grew by 36.8%, prepaid revenue by 14.6% and data traffic reached 26.6%, which together supported the profit outcome.
“Our financial results for twenty twenty-five show resilience. It shows discipline, execution, and it also reflects the bold steps that we have taken as an organisation to transform and transition from a traditional mobile telecom to a DSSP,” said Erastus.
He said MTC maintained 87% of Namibia’s mobile market while network coverage remained above 98% of the population, with LTE coverage at 86.5%. Erastus noted that the activation of MTC Maris demonstrated continued progress in developing digital and financial service platforms aligned to the company’s long-term strategy.
“We delivered strong, consistent financial results despite the challenging macro economic environment. We also materially advance our strategic transformation, particularly in enterprise, fintech, as well as the digital platforms. We stay true to our purpose of enabling connectivity digital inclusion for all Namibians,” he said.
MTC recorded an EBITDA margin of 49.1%, rising from 45.9% the previous year, while total comprehensive income increased to 32.3%.
