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PowerCom to invest heavily in tower infrastructure next year

PowerCom to invest heavily in tower infrastructure next year

PowerCom plans to invest in tower infrastructure projects for 2020 across the country. Within these plans, greenfield towers are being constructed as part of 2019/20 Capital Expenditure Financial Year (CAPEX), forming N$24 million investment across 19 towers

These plans also include N$1 million in preventative tower maintenance spread across 9 towers in Kavango, 2 towers in Zambezi, 19 towers in Kunene, 21 towers in Otjozondjupa, 12 towers in Oshikoto, 8 towers in Oshana and 9 towers in Omusati.

Alisa Amupolo, Chief Executive Officer at PowerCom said that these latest roll out plans reiterate their commitment to improving connectivity across Namibia for the benefit of all.

“Construction of new towers, especially in rural areas, brings vastly improved connectivity to citizens and business, in this way we are adding value to the Namibian economy, stimulating the development of other businesses and increasing the effectiveness of communication across the whole country” she added.

Amupolo emphasised that it is also vital to stimulate buy-in from varies stakeholders, including authorities where approval is required to expedite developments, while the pace of approval is and underlying challenge to them, that they will continue to address in 2020.

Valerie Apollus, Senior Manager: Commercial at PowerCom said that on a local level, every infrastructure project that they have done has had a positive impact on its local area.

“Every tower encourages the growth of local communications initiatives which sit alongside national projects, but more importantly, they improve the lives of every Namibian in their range who can access more services as a direct result of our infrastructure,” she added.

PowerCom have stated that their ICT infrastructure will enable businesses to expand their Namibian footprints, especially in pivotal areas of internet access and mobile service coverage, along with television and radio coverage and two-way communication.

In addition, exciting coverage and signal can be improved by the construction of a tower, delivering quality services to citizens and businesses across Namibia.


About The Author

Mandisa Rasmeni

Mandisa Rasmeni has worked as reporter at the Economist for the past five years, first on the entertainment beat but now focussing more on community, social and health reporting. She is a born writer and is working on her degree in Journalism at the Namibia University of Science and Technology (NUST). She believes education is the greatest equalizer. She is the epitome of perseverance, having started as the newspaper's receptionist in 2013.

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


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.