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MTC Namibia
Mobile Telecommunications Limited (MTC) is a mobile telecommunications company and internet service provider in Namibia. It is the largest mobile carrier in Namibia with over two million active subscribers. MTC was established in 1995 and was the only cellular provider in Namibia at that time. Today, its competitors in Namibia are TN Mobile and Telecom Namibia. Before Cell One and Telecom Switch entered the market, MTC had a monopoly on mobile telecommunications and 3G Internet access. MTC is still the most widely recognized mobile telecommunications company in Namibia. Its competitors are Telecom Namibia's TN Mobile and Paratus Telecom. Ownership MTC was established as a joint venture between the Namibian government, Namibia Post and Telecommunications Holdings (NPTH), and Telia and Swedfund. In May 2004, NPTH concluded a deal that saw it hold 100% of the shares in MTC by acquiring the 49% held by Telia Overseas AB and Swedfund International AB. During 2006, the sale of ...
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Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ...
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Telecom Namibia
Telecom Namibia Limited, commonly known as Telecom Namibia, is a telecommunications service provider operating in Namibia. It is the national telecommunications operator, established in August 1992, and wholly owned by the Government of Namibia. Telecom Namibia is a commercialised company and a subsidiary of Namibia Post and Telecom Holdings Limited. Telecom Namibia is serving more than 396,000 (fixed and mobile) customers, with 986 employees and an annual revenue of more than N$1,5 Billion. It runs the largest digital telecommunication network in Namibia. Telecom Namibia acquired tn mobile in 2013 and it was incorporated as its mobile telecommunication division. Tn mobile's biggest competitors are MTC Namibia, Paratus Telecom and MTN Namibia. Services Landline Telecom Namibia holds the monopoly for landline access in Namibia. In June 2022, there had been 88,000 accesses. This is a decrease of about 40 percent compared to 2021. Customers in some cities are connected via fibre, ...
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Telecommunications Companies Established In 1994
Telecommunication, often used in its plural form or abbreviated as telecom, is the transmission of information over a distance using electronic means, typically through cables, radio waves, or other communication technologies. These means of transmission may be divided into communication channels for multiplexing, allowing for a single medium to transmit several concurrent communication sessions. Long-distance technologies invented during the 20th and 21st centuries generally use electric power, and include the telegraph, telephone, television, and radio. Early telecommunication networks used metal wires as the medium for transmitting signals. These networks were used for telegraphy and telephony for many decades. In the first decade of the 20th century, a revolution in wireless communication began with breakthroughs including those made in radio communications by Guglielmo Marconi, who won the 1909 Nobel Prize in Physics. Other early pioneers in electrical and electronic tel ...
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