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MTC ready to launch 4G

Prime Minister Nahas Angula during the MTC 4G second trial at the Windhoek Country Club on Wednesday.Leading mobile telecommunications operator, MTC is ready to introduce fourth generation technology (4G) in Namibia.
After successfully launching the second trial within a space of one year, the company is optimistic that the new technology will allow for better and higher levels of efficiency and at the same time allow considerable energy saving.
Speaking at the demonstration of the 4G second trial on Wednesday this week, Dirk Conradie, MTC’s board chairman, asked the Communications Regulatory Authority of Namibia (CRAN) and the City of Windhoek to bless this development to allow Namibia to be amongst the first countries in Africa and the world at large with this technology.
“We certainly do not want to do a third trial, but we would like to now go live with 4G in the best interest of our customers and the country as a whole,” said Conradie.
Conradie said that the launch of this trial demonstrates MTC’s commitment towards spearheading ICT development and the growth of the industry in Namibia.
Miguel Geraldes, MTC’s managing director, concurred stating that his company is ready to launch once CRAN authorises the frequencies and after the City of Windhoek has authorised fibre for base stations to be built in Windhoek.
During the demonstration of the second trial, the 4G showed speeds of over 100 megabits per seconds (Mbps), which is 20 times faster than that of the current 3G technology. The 4G also demonstrated that one can download a movie in 53 seconds against 18 minutes of the previous technology, and only 0.3 seconds to download a MP3 song against 1 minute in the previous 3G. The 3G and 4G differ in the sense that 3G operates on a single frequency, while 4G operates on a multiband of at least three frequencies.
Prime Minister Nahas Angula called upon the relevant authorities, to take critical decisions very soon in the best interest of ICT development.
“I therefore entrust the Minister of ICT with this responsibility to ensure that these decisions are taken,” said Angula.
He also advised MTC to give the citizens relevant information regarding infrared waves to avoid unfounded fear. “get somebody or international organisations to educate the public,” said the Prime Minister.
The foundation for 4G was laid three years ago when MTC launched the new Single Radio Access Network which combines several technologies in the same hardware, generating important energy and maintenance savings whilst significantly improving quality of service.
MTC is further anticipating that the West African Cable System (WACS) in which it has invested N$100 million, as well as the fibre backbones countrywide, another investment of N$100 million, will result in improved and better Internet services as well as affordable rates to Namibians.

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

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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.