Paratus Group has launched Namibia’s first private nationwide mobile network, ending a state monopoly and marking a significant shift in the country's telecommunications sector. This initiative introduces 4G LTE and 5G services after an investment of over 600 million Namibian dollars.

• Paratus Group invested over 600 million Namibian dollars in rolling out its network in Namibia.
• Schalk Erasmus, CEO for the Paratus Group, stated the move aims to transform Africa's digital landscape with transparent, affordable services.
• The launch coincides with Paratus' 20th anniversary in Namibia, its strongest market, and positions the company to compete with state-backed operators like MTC and Telecom Namibia.