Mauritius Telecom Hits Rs13 Billion Revenue, Up 2.3% in 2025

Mauritius Telecom announced its financial results for the first half of 2025, showing a record turnover of Rs 13 billion, a 2.3% increase compared to the previous year. Despite this growth, the company’s net profit declined to Rs 1.09 billion, mainly due to higher operational expenses.

However, the group remains financially strong, with an EBITDAaL (Earnings Before Interest, Taxes, Depreciation, Amortization, and Lease payments) of Rs 4.5 billion.

In a statement after its annual meeting, on the 30th June, Mauritius Telecom emphasized its vision to build an innovative, sustainable, and forward-looking business model.

The company aims to improve efficiency to meet international standards while investing in its human resources and technology.

To achieve this, Mauritius Telecom plans to gradually restructure to increase agility, similar to global telecom leaders.

The company is working to reduce its salary costs, which currently account for 17.5% of revenue, compared to 8-12% for major international firms in the sector.

The company is also ramping up investments in key areas of the digital economy, including artificial intelligence, cybersecurity, cloud computing, automation, and financial technology.

These initiatives aim to position Mauritius Telecom as a regional leader, capable of exporting expertise and enhancing Mauritius’s reputation as a technology hub.

Mauritius Telecom highlighted its commitment to its employees, emphasizing a supportive, inclusive work environment focused on skill development, recognition, and responsibility.

CEO Veemal Gungadin stated, “People are our greatest asset. Investing in our talent is key to our transformation. We want to provide our employees with solid future prospects while strengthening the company’s competitiveness.”

Regarding ongoing salary negotiations, the company underscored its dedication to respectful and transparent dialogue.

While disagreements may exist, management remains open to continuing discussions in a calm atmosphere, seeking balanced, sustainable solutions that respect economic realities and the company’s transformation goals.

Gungadin added, “Building a sustainable future requires a solid foundation. Sometimes this involves adjustments, but always with respect for individuals and commitments.”

Source: Le Mauricien