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Telecom Namibia has announced plans to invest over $135 million (N$2.3 billion) in the next five plus years as part of the company’s network modernisation and digital infrastructure investment initiative.
A recent World Bank report titled, ‘Creating Markets in Namibia – Creating Resilient and Inclusive Markets’, stated, amongst others, the high cost for Internet data services, low mobile data adoption, slow fibre rollout and uptake and much lower digital adoption rates in Namibia.
In an effort to address this digital divide, the report emphasised the urgent need for Namibia to promote and invest in digital infrastructure. This will enable digital transformation, which in turn would lead to the adoption of digital processes.
Telcom Namibia said it could not agree more with the World Bank Group that digital transformation will bring about major economic developments.
The company invested $5 million for the co-landing of the Google Equiano submarine cable, in partnership with telecom company Paratus Namibia, where the two share infrastructure.
The Equiano cable landed in Swakopmund on the 1st of July 2022 and will provide Telecom Namibia with the projected capacity of 4Tbps (4,000Gbps). It becomes the second submarine cable cable to land in Namibia after West Africa Cable System (WACS) that landed in February 2011.
Telecom Namibia said these cables address Namibia’s international connectivity needs and gears the country towards 4IR, a revolution that will be driven by intense data-driven needs.
The landing of the cable is positioning Namibia as a regional ICT hub for landlocked African countries such as Botswana (via Buitepos), Zambia (via Ngoma and Sesheke), Malawi, and the DRC, said the company.
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