Telecom Namibia pays NAD24 million in dividends

31 Mar 2005

Telecom Namibia has paid out dividends of NAD24 million to shareholder the Namibia Post and Telecom Holdings Group for the financial year ended 30 September 2004, from profits of NAD121 million. The figure is double the amount paid to the company for the previous financial year. Telecom Namibia has pledged to invest NAD216 million in new infrastructure and network upgrades during the year to the end of September 2005.

Namibia, Telecom Namibia (incl. TN Mobile)