{"id":7185,"date":"2021-12-09T17:43:10","date_gmt":"2021-12-09T17:43:10","guid":{"rendered":"https:\/\/www.africa-press.net\/namibia\/all-news\/mtc-delivers-solid-financial-performance"},"modified":"2021-12-09T18:59:06","modified_gmt":"2021-12-09T18:59:06","slug":"mtc-delivers-solid-financial-performance","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/namibia\/all-news\/mtc-delivers-solid-financial-performance","title":{"rendered":"MTC Delivers Solid Financial Performance"},"content":{"rendered":"

Africa-Press – Namibia. <\/strong><\/span>Namibia\u2019s largest telecommunications company MTC on Thursday presented a solid 2020\/2021 financial performance, maintaining its constant year-to-year growth trajectory and market leadership position.<\/p>\n

For the financial year ended on Sept. 30, the newly listed company realized revenue of 2.799 billion Namibian dollars (about 176 million U.S. dollars), compared with 2.68 billion Namibia dollars in last year, the company said at an event held in Windhoek.<\/p>\n

\u201cThis growth is attributed to fixed-line offerings which gained momentum during the second half of the year, increased demand for data and product innovations driven by changing technology trends and remote working during COVID-19 (pandemic),\u201d MTC said in a statement.<\/p>\n

MTC\u2019s Managing Director Licky Erastus said that in order to enable its vision of an inclusive Namibian digital economy, MTC has invested 618 million Namibian dollars in capital expenditure projects, compared to 535 million of last year.<\/p>\n

Erastus said this is to continue enhancing its projects\u2019 capacity and processes and controls to support project implementation and speed of delivery. Meanwhile, MTC maintained its leadership of Namibia\u2019s mobile telecoms market with a market share of 88 percent.<\/p>\n

For More News And Analysis About Namibia<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Namibia. Namibia\u2019s largest telecommunications company MTC on Thursday presented a solid 2020\/2021 financial performance, maintaining its constant year-to-year growth trajectory and market leadership position. For the financial year ended on Sept. 30, the newly listed company realized revenue of 2.799 billion Namibian dollars (about 176 million U.S. dollars), compared with 2.68 billion Namibia […]<\/p>\n","protected":false},"author":84,"featured_media":7184,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8,16],"tags":[234,236,233],"class_list":["post-7185","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-namibia","tag-namibia"],"yoast_head":"\nMTC Delivers Solid Financial Performance - Namibia<\/title>\n<meta name=\"description\" content=\"Namibia\u2019s largest telecommunications company MTC on Thursday presented a solid 2020\/2021 financial performance, maintain ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/namibia\/all-news\/mtc-delivers-solid-financial-performance\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MTC Delivers Solid Financial Performance\" \/>\n<meta property=\"og:description\" content=\"Namibia\u2019s largest telecommunications company MTC on Thursday presented a solid 2020\/2021 financial performance, maintain ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/namibia\/all-news\/mtc-delivers-solid-financial-performance\" \/>\n<meta property=\"og:site_name\" content=\"Namibia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2021-12-09T17:43:10+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-12-09T18:59:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2021\/12\/img-61b251e3c7949.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"524\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/mtc-delivers-solid-financial-performance#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/mtc-delivers-solid-financial-performance\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"MTC Delivers Solid Financial Performance\",\"datePublished\":\"2021-12-09T17:43:10+00:00\",\"dateModified\":\"2021-12-09T18:59:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/mtc-delivers-solid-financial-performance\"},\"wordCount\":194,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/mtc-delivers-solid-financial-performance#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2021\/12\/img-61b251e3c7949.jpg\",\"keywords\":[\"africa press\",\"Africa Press-Namibia\",\"namibia\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/namibia\/all-news\/mtc-delivers-solid-financial-performance#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/mtc-delivers-solid-financial-performance\",\"url\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/mtc-delivers-solid-financial-performance\",\"name\":\"MTC Delivers Solid Financial Performance - 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