Data services anchor growth in BTCL profits
Friday, December 05, 2025 | 80 Views |
On the rise: BTCL’s profits are strengthening, while its share price is also warming up PIC: MORERI SEJAKGOMO
The telecomms group defied a general contraction in the economy over the same period, as its continued investment in network modernisation paid off.
According to BTCL’s results released to the Botswana Stock Exchange this week, revenues over the half year grew to P796 million, a 10.3% increase in comparison with the same period last year, supported by strong performance in mobile money, digital services, and data-related products.
Whilst the project received mixed reactions from members of the public, the project is indeed a welcome development, which needs to be implemented as soon as possible. Many shared their opinion, with those against the project decrying that if implemented, it will kill the already struggling public transport industry.Many countries around the world have state-run public transport, and those who have travelled to such countries will give testimony...