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MTC profit after tax grows by 1.6% to N$512 million

Mobile Telecommunications Limited (MTC) increased revenue by 7.1% during the six months ended 31 March 2026, supported by strong growth in prepaid, roaming and enterprise services, while declaring an interim dividend of N$358.35 million for shareholders.

Windhoek Observer8 Jun 2026, 04:27 am
MTC profit after tax grows by 1.6% to N$512 million

Chamwe Kaira Mobile Telecommunications Limited (MTC) increased revenue by 7.1% during the six months ended 31 March 2026, supported by strong growth in prepaid, roaming and enterprise services, while declaring an interim dividend of N$358.35 million for shareholders. According to the group’s unaudited interim results released on Friday, revenue rose to N$1.95 billion from a N$1.82 billion recorded during the corresponding period in 2025. Total income increased to N$1.96 billion, while profit after tax grew by 1.6% to N$511.9 million from N$503.8 million a year earlier.

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Profit before tax increased by N$8.5 million to N$730.8 million. MTC said prepaid revenue grew by 9.1%, driven by a 4.1% increase in customers, strong uptake of its Aweh bundles and higher data consumption. Enterprise revenue increased by 31.4%, supported by a 29% rise in customers and growing demand for integrated connectivity solutions.

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Originally published by Windhoek Observer on 8 Jun 2026, 04:27 am. View original article
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