Botswana Telecommunications Corp Ltd 2023 IR
The report highlights Botswana Telecommunications Corporation Limited's (BTC) performance for the fiscal year 2023, marking its first Integrated Report. Despite a challenging operating environment characterized by high inflation and a significant increase in copper infrastructure theft, BTC registered a 0.6% increase in revenue to P1.4 billion. However, profit after tax declined by 23% to P108.3 million, impacted by P55 million in organizational restructuring costs and P56 million in copper replacement costs. The company accelerated its digital transformation, expanding its 4.5G network to 561 sites and rolling out fiber-to-the-home in Gaborone, Jwaneng, and Orapa. Additionally, BTC's mobile money service, SMEGA, grew by 11%, and its digital business revenue increased by 30%.
Company: Botswana Telecommunications Corp Ltd
Sector: Communication Services
Country: Botswana
Year: 2023
Type: IR
Pages: 160
Botswana Telecommunications Corp Ltd
Integrated Report
The report highlights Botswana Telecommunications Corporation Limited's (BTC) performance for the fiscal year 2023, marking its first Integrated Report. Despite a challenging operating environment characterized by high inflation and a significant increase in copper infrastructure theft, BTC registered a 0.6% increase in revenue to P1.4 billion. However, profit after tax declined by 23% to P108.3 million, impacted by P55 million in organizational restructuring costs and P56 million in copper replacement costs. The company accelerated its digital transformation, expanding its 4.5G network to 561 sites and rolling out fiber-to-the-home in Gaborone, Jwaneng, and Orapa. Additionally, BTC's mobile money service, SMEGA, grew by 11%, and its digital business revenue increased by 30%.
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Document Details
Report Year
2023
Reporting Period
Apr 1, 2022 - Mar 31, 2023
Fiscal Year
2023
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Women in Management
Employees