Mobile Telecommunications Limited (MTC)

19 Jul

Lack of competition blamed for soaring data prices

ObserverNational NewsCommunications Regulatory Authority of Namibia (CRAN) Chief Executive Officer Emilia Nghikembua, Lack of competition blamed for soaring date prices, Mobile Telecommunications Limited (MTC)

Obrein Simasiku Lack of competition in the telecommunication industry as well as the state's involvement within the available operators is flagged as major factors driving data prices higher in Namibia making it unaffordable for an average person. Namibia slipped in the African Affordability ranking from 4th cheapest in the first quarter of 2016, to 33 cheapest country in the first quarter of 2021 for 5Gigabyte per month. "Namibia lost its leading role in Africa because of state-driven consolidation in the sector and the significant reduction in competition. To this end, we have made recommendations on how to address these matters,…

17 Aug

Jooste orders peace pipe for CRAN and MTC

ObserverObserver MoneyCommunications Regulatory Authority of Namibia (CRAN), Leon Jooste, Minister of Public Enterprises, Mobile Telecommunications Limited (MTC)

Staff Writer Minister of Public Enterprises, Leon Jooste, has directed the chairpersons of the feuding Mobile Telecommunications Limited (MTC) and the Communications Regulatory Authority of Namibia (Cran) to bury the hatchet for the sake of institutional investors. MTC and Cran have been at loggerheads over a number of issues, including the issuing of a telecommunications service licence to the City of Windhoek in 2020, which MTC labelled as ‘anti-competitive’ and against the Communications Act and the Competitions Act. Cran on the other hand claimed that MTC owed the regulator N$300 million in unpaid service levies, a claim MTC refuted. In…

22 Jan

MTC to finally list

ObserverObserver MoneyCovid-19, Mobile Telecommunications Limited (MTC), MTC Chief Executive Officer Dr Licky Erastus, Namibian Stock Exchange (NSX)

Staff Writer Mobile Telecommunications Limited (MTC) on Wednesday announced that it will finally list on the Namibian Stock Exchange (NSX) before the 5th of September 2021 after its initial plans were derailed by the outbreak of COVID-19. This comes as government approved the process in November 2017. According to its initially announced timelines, MTC was expected to be listed on the bourse by July last year, after having submitted its listing application to the Namibian Stock Exchange (NSX) in February 2020. The opening date for its public offer was set for March 2020 and closing in June 2020. “We are…

03 Jul

MTC launches TikTok bundles

ObserverUncategorisedMobile Telecommunications Limited (MTC), TikTok

Staff Writer Driven by unswerving need to provide ever evolving solutions in the Namibia market, Mobile Telecommunications Limited (MTC) recently launched its customized MTC TikTok Data Bundles, available for postpaid and prepaid customers. The bundles which are exclusively for use for the TikTok Mobile Application, are available for all Prepaid and Postpaid customers, and the validity of the bundle according to the company , will only start once the customer utilizes the TikTok App. “In addition, MTC, until 23 September 2020, will offer any customer that purchased any TikTok bundle an additional 10% of data.” TikTok is a short-form video…