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MTC Namibia

MTC Namibia

TelecomNo. 4 in NamibiaNamibia
Founded
1995
Headquarters
Windhoek, Namibia
Ticker
n/a
Sector
Telecom

Stock performance

This company has no listed ticker in our data, so there is no price chart.

History

Mobile Telecommunications Limited (MTC) was established in 1995 as Namibia's first mobile operator and remained state-owned until the government sold part of its stake through a public listing on the Namibian Stock Exchange in 2021.

Business model

MTC provides mobile voice, data, and mobile-money services and is expanding into fixed broadband and digital services.

Market position

MTC is Namibia's dominant mobile operator, competing with Telecom Namibia's mobile service and smaller entrants.

Country impact

MTC's 2021 listing was the largest share offering in Namibia's history and aimed to broaden local share ownership, and its network is central to connecting a large, sparsely populated country.