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Emtel has announced a strong performance for the first half of 2025, reporting revenue of Rs 1.97 billion — a 10.8% increase compared to the same period in 2024. The results were unveiled during a financial presentation at the company’s headquarters in Ebene.
One of the most significant milestones for Emtel this year has been the rapid expansion of its 5G network, which now covers 90% of the Mauritian population. CEO Kresh Goomany emphasized the achievement as a key step in the company’s broader strategy. “We achieved 90% 5G coverage of the population across the island by the end of June, which illustrates significant progress made as part of our strategy of continuous network infrastructure expansion.”
In the fintech space, Emtel’s digital payment platform Blink has seen impressive growth, with both the number and value of transactions doubling in the first six months of the year. This surge aligns with the company’s commitment to innovation and digital transformation. “We are committed to strengthening our position as a future-oriented digital player, creating value in the consumer, residential and business segments, including in fintech services. We are therefore redoubling our efforts in customer growth, operational excellence and scalable digital platforms,” Goomany added.
A notable corporate milestone was achieved on May 29 when Emtel was listed on the Stock Exchange of Mauritius Sustainability Index (SEMSI), reflecting its strong ESG (Environmental, Social, and Governance) credentials. Since the listing, Emtel has already distributed two dividends to its shareholders.
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Further boosting its financial standing, Emtel realized a capital gain of Rs 1.62 billion from the sale of a 25.15% stake in MC Vision. This transaction helped lift the company’s total equity to Rs 1.22 billion. Overall, Emtel’s results underline a solid growth trajectory driven by operational efficiency, strategic investments in next-generation infrastructure, rising customer engagement, and a growing portfolio of diversified services. The company continues to invest in talent and emerging technologies, positioning itself as a leading force in the country’s digital evolution.