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Days of holding cellphones high up in search of network now a thing of the past for Kries settlement as MTC commissons network tower

Days of holding cellphones high up in search of network now a thing of the past for Kries settlement as MTC commissons network tower

The residents of the Kries settlement near Gibeon in the Hardap region this week came out in numbers to the commissioning of a network tower, through the MTC’s 081Every1 campaign.

Kries’ network tower forms part of 41 towers tipped for the Hardap region and over 500 network towers nationwide that the campaign intends to roll out.

The 2004-declared-settlement with just below 2000 people have in the past experienced network troubles, with many citing that they could not connect with family members, report crime or call for help. The commissioning of the network tower now signaled the genesis of a new era which most, especially the young will benefit greatly.

“The days of holding cellphones high up in search for network have become a thing of the past. Now we can even use WhatsApp, call our families down South and be in touch with friends around the country.” These were the words of a young jubilant, Fredriko Swartbooi, just after the new tower went live.

Gibeon councillor Jeremia van Neel praised MTC for finally packing away the days of having to walk to Gibeon just to make a call.

“I thank the settlement and regional leadership for the support to date. Today MTC has come through. We see that we are now part of the 081Every1 family,” said a van Neel.

Hardap Governor, Hon Esme Isaack echoed the same sentiments saying the commissioning of the tower is joyous, yet historic.

“This constituency in my region has in the past enjoyed a bad network. Today, it proves that our cry for development did not fall on deaf ears. The challenge of network infrastructure is not unique in the region, but I’m pleased that MTC is responding to the call of the Harambee Prosperity Plan to make sure that no one is left out,” said Isaack.

Cutting the ribbon to switch on the tower was the Minister of Information and Communication Technology, Stanley Simataa, applauded the Kries residents for their patience in waiting for development.

“The days when we had to climb trees and walk to mountains in search for network are gone. Now you feel that you are part of the Namibian house. Thank you MTC,” said the minister.

“What is happening here is not a mistake, but it is by design. The government is delivering to its promises and it will continue to deliver. Many were doubting when we started planning for this but here we are today. This just explains that development is a journey,” said Simataa adding that two other sites in the constituency were set to go live the same day.

According to MTC’s Chief Human Capital and Corporate Affairs Officer, Tim Ekandjo, this development is an inclusive measure that forms part of the progressive national network project (081Every1), which the company launched in 2017 for hundred percent population network coverage.

“Namibians are embracing an increasingly digital enabled lifestyle driven by growing smartphone uptake, advanced 3G and 4G networks, and we owe it to our customers to channel funds and invest in projects that will attend to the fast evolving technological landscape. We are fast moving from the era where network connectivity is a privilege to times when it has become a right, and it is our mandate to make sure that every Namibian is connected,” said Ekandjo.


 

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Following reverse listing, public can now acquire shareholding in Paratus Namibia

Promotion

20 February 2020, Windhoek, Namibia: Paratus Namibia Holdings (PNH) was founded as Nimbus Infrastructure Limited (“Nimbus”), Namibia’s first Capital Pool Company listed on the Namibian Stock Exchange (“NSX”).

Although targeting an initial capital raising of N$300 million, Nimbus nonetheless managed to secure funding to the value of N$98 million through its CPC listing. With a mandate to invest in ICT infrastructure in sub-Sahara Africa, it concluded management agreements with financial partner Cirrus and technology partner, Paratus Telecommunications (Pty) Ltd (“Paratus Namibia”).

Paratus Namibia Managing Director, Andrew Hall

Its first investment was placed in Paratus Namibia, a fully licensed communications operator in Namibia under regulation of the Communications Regulatory Authority of Namibia (CRAN). Nimbus has since been able to increase its capital asset base to close to N$500 million over the past two years.

In order to streamline further investment and to avoid duplicating potential ICT projects in the market between Nimbus and Paratus Namibia, it was decided to consolidate the operations.

Publishing various circulars to shareholders, Nimbus took up a 100% shareholding stake in Paratus Namibia in 2019 and proceeded to apply to have its name changed to Paratus Namibia Holdings with a consolidated board structure to ensure streamlined operations between the capital holdings and the operational arm of the business.

This transaction was approved by the Competitions Commission as well as CRAN, following all the relevant regulatory approvals as well as the necessary requirements in terms of corporate governance structures.

Paratus Namibia has evolved as a fully comprehensive communications operator in Namibia and operates as the head office of the Paratus Group in Africa. Paratus has established a pan-African footprint with operations in six African countries, being: Angola, Botswana, Mozambique, Namibia, South Africa and Zambia.

The group has achieved many successes over the years of which more recently includes the building of the Trans-Kalahari Fibre (TKF) project, which connects from the West Africa Cable System (WACS) eastward through Namibia to Botswana and onward to Johannesburg. The TKF also extends northward through Zambia to connect to Dar es Salaam in Tanzania, which made Paratus the first operator to connect the west and east coast of Africa under one Autonomous System Number (ASN).

This means that Paratus is now “exporting” internet capacity to landlocked countries such as Zambia, Botswana, the DRC with more countries to be targeted, and through its extensive African network, Paratus is well-positioned to expand the network even further into emerging ICT territories.

PNH as a fully-listed entity on the NSX, is therefore now the 100% shareholder of Paratus Namibia thereby becoming a public company. PNH is ready to invest in the future of the ICT environment in Namibia. The public is therefore invited and welcome to acquire shares in Paratus Namibia Holdings by speaking to a local stockbroker registered with the NSX. The future is bright, and the opportunities are endless.