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Premier digital enabler, MTC, on Friday at an initial public offering (IPO) Ring a Bell ceremony, officially started its new life, as a fully listed Namibian wholly-owned public listed company on the Namibia Stock Exchange (NSX). The listing, which is the largest by a local company and the first by a state-owned company saw MTC...

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Paratus Namibia and Ongos Connect have signed a commercial connectivity agreement, confirming that Paratus will be the technology/infrastructure partner to bring fibre connectivity to over 11,000 new residents in Ongos Valley, Namibia’s first smart city development. The agreement is the conclusion of a two-year planning process during which time Paratus has been working on building...

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Delayed for more than a year because of the global pandemic, the IPO of the incumbent telecommunications operator is finally on track. The Namibian government places high hopes in this operation to inject dynamism into national growth. Shares of Namibia’s state-owned telecoms operator, Mobile Telecommunications Limited (MTC), officially went on sale Monday, September 20, on the...

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Namibia’s largest telecommunications operator Mobile Telecommunications Company (MTC) says it will list on the local Stock Exchange (NSX) by the end of November. The company said it will make available 367.5 million shares to the general public and would release its prospectus on 20 September 2021 detailing the cost of the shares. According to MTC...

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Mobile Telecommunications (MTC), Namibia’s largest mobile network operator (MNO) by subscribers, has split its shares in a 1:30 ratio ahead of its upcoming listing on the Namibian Stock Exchange (NSX), reports The Namibian. The decision to increase the company’s share capital from an initial 25 million shares to 750 million was revealed by the company’s CFO Thinus...

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Information and communication technology minister Peya Mushelenga said the review of various information and communication technology policies and their possible consolidation into a uniform national ICT policy is on the cards. Mushelenga made the remarks when he motivated the ministry’s budget last week in the National Assembly. The ministry received over N$354 million from the...