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Telecom Namibia requires N$2.371 billion in funding to sustain its capital projects from 2023 to 2027. This was announced by Telecom Namibia Board Chairperson, Melkizedek Uupindi , who emphasised the importance of securing the necessary capital for the company’s proposed projects to replace outdated technologies and infrastructure, improve customer experience, and address customer complaints.
Telecom Namibia requires N$2.371 billion in funding to sustain its capital projects from 2023 to 2027. This was announced by Telecom Namibia Board Chairperson, Melkizedek Uupindi , who emphasised the importance of securing the necessary capital for the company’s proposed projects to replace outdated technologies and infrastructure, improve customer experience, and address customer complaints.
The proposed capital projects that require external funding include the Converged Billing System (OSS/BSS), the Common Converged Core for Fixed-Mobile Convergence (FMC), FTTx Deployment, and Mobile Radio Access Network Deployment. Telecom Namibia’s network modernisation plan seeks to enhance the coverage, quality, and capacity of both fixed and mobile networks throughout the country. The company aims to align its investment ratio of Cape to turnover with global standards, allocating 27% of its investment into the telecommunications network. The Telecom Namibia’s network modernisation projects are essential for providing a modern network, expanding coverage, and meeting the connectivity needs of various applications.
By embracing the Fourth Industrial Revolution (4IR) and Sustainable Development (SD), Telecom Namibia aims to reduce ICT access and usage gaps and offer affordable services while complying with regulations, stated the Telecom Namibia Board Chairperson at the launch of its Integrated Strategic Business Plan (ISBP) marking the beginning of the company’s digital transformation journey.The ISBP focuses on stabilising the business, driving business transformation, fostering digitalisation, and achieving digital transformation goals.
The Namibian government remains committed to growing and developing infrastructure, facilitating innovation, and creating frameworks to ensure the realisation of the objectives set out in Vision 2030, NDP5, and soon NDP6, and the Harambee Prosperity Plan II, which focuses on key strategies and initiatives to transform our digital economy and increase access to ICT related services to all Namibians, stated Maureen Hinda-Mbuende, Deputy Minister of Finance and Public Enterprises, Namibia.
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In line with the ISBP, Telecom Namibia signed a N$327-million contract with Sistemas Avanzados De Technologia S.A (SATEC) for the replacement of Operations Support Systems and Business Support Systems. This project is set to introduce a converged platform for both fixed and mobile services, enabling improved customer service, convenience, and online interactions. The implementation of the new OSS/BSS systems is the first step in Telecom Namibia’s plan to replace outdated technologies and modernise its network. The company aims to offer a more personalised and reliable service to its customers through various touch points and enhance customer engagement and management.
