Mauritius telecoms giant, Emtel, has delivered a standout financial performance for 2025, with revenues surpassing $86 million (Rs 4 billion).
The island telco’s impressive results reflect strong growth momentum fueled by digital innovation, disciplined cost control, and rising adoption of its services across Mauritius.
The telecoms operator yesterday reported revenues of $86 million (Rs 4 billion) for the year ending 31 December 2025, up from $81.7 million (Rs 3.8 billion) in 2024, as demand for mobile, enterprise, residential, and fintech services continued to rise.
EBITDA climbed 15.3% to $43 million (Rs 2 billion), while underlying profit before tax jumped 27.4% to $17.1 million (Rs 796 million), clear indicators of both top-line growth and operational efficiency.
Commenting on the results, outgoing CEO Kresh Goomany said the figures reflect the company’s strategic investments paying off.
“FY25 figures reflect the positive returns from our accelerated investments in advanced infrastructure and digital platforms. Solid and sustained revenue growth, coupled with strict cost control, has enabled us to improve several key indicators,” he said.
A combination of strategic and financial decisions also strengthened the balance sheet.
The amicable settlement of a 29-year-long legal case, the disposal of its media business, and a cyclical decline in capital expenditure helped reduce net debt to $55.9 million (Rs 2.6 billion). Equity rose to $28 million (Rs 1.30 billion), supported by improved profitability.
Beyond financials, innovation played a central role in Emtel’s growth story.
After integrating Artificial Intelligence (AI) into its operations, the company became the first in Mauritius to launch GPU-as-a-service, allowing enterprises to deploy AI solutions locally on secure, cost-effective infrastructure. This positions Emtel as a key enabler of enterprise AI adoption in the region.
Its fintech platform, blink, also emerged as a critical growth driver, gaining traction among both merchants and consumers. The platform is helping expand digital payments while reinforcing Emtel’s competitive edge in an increasingly converged telecoms and fintech landscape.
Infrastructure expansion further supported performance, with 5G coverage now reaching 90% of the population.
Investments in submarine cable capacity and the introduction of Eutelsat OneWeb satellite connectivity in Rodrigues have strengthened network resilience, while a locally hosted sovereign cloud platform and a new Security Operations Centre enhanced enterprise and cybersecurity offerings.
Despite global economic uncertainty, Emtel declared dividends of Rs 2.42 per share, totalling $23.7 million (Rs 1.1 billion), highlighting strong cash generation.
As 2026 unfolds, the Mauritian telco is betting on digital services monetisation, AI-driven solutions, and fintech expansion to sustain its growth trajectory in Africa’s evolving telecoms ecosystem.
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