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For Immediate Release

Gaborone, Botswana – 16 June 2025, Botswana Telecommunications Corporation Limited (BTC) is pleased to announce the appointment of CEO, Mr. Jurgen Peschel, effective June 2025, following an extensive recruitment exercise. This appointment is subject to regulatory approval.

Jürgen Peschel is a German national and a seasoned CEO in the telecommunications space whose career spans over three decades of progressive leadership in cutting-edge telecom, IT, digitization, and fintech across Europe, North America, and emerging markets, including Africa. He has led both groups as well as local operator functions, providing strong transformative leadership to develop telecommunications providers into the digital era and driving innovation in products and services to grow revenues for sustainable, profitable growth. He is known for his in-depth expertise in emerging technologies to spearhead innovation, driving digitization, and focusing on quality of service and business excellence to deliver an exceptional customer experience.

Mr. Peschel’s leadership encompasses both mobile, fixed and enterprise businesses, and he has been instrumental in launching and scaling pioneering solutions, most notably, playing a key role in the rollout of M-Pesa, the world’s leading mobile payment platform. He has served as Director of a major Nigerian payment service bank and held senior executive positions at tier-1 operators including Deutsche Telekom and Vodafone, across major developed markets. For more than ten years, he has led operations in emerging markets at Digicel and Vodafone in the Caribbean and Africa, and his most recent job was CEO & Managing Director of 9mobile (formerly Etisalat) in Nigeria.

Mr. Peschel holds a Master of Science in Computer Science from the University of Ulm, Germany, and delivered his thesis in Artificial Intelligence at the University of Manitoba, Canada. He also earned a degree in Business Administration from the Université de Saint-Boniface, Canada, and has completed the Management Development Programme at IMD, Switzerland. His unique blend of technical acumen, business leadership, and cross-cultural expertise positions him to lead BTC through the next wave of digital transformation as our new CEO.

The Board would like to take this opportunity to welcome Mr Peschel and thank Ms Boitumelo Paya for her leadership as the Acting CEO for the past months.

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All Media Houses

For Immediate Release

26 June 2025

Gaborone, Botswana — Botswana Telecommunications Corporation Limited (BTC) is pleased to announce its audited financial results for the full year ended 31st March 2025. BTC’s disciplined execution and strategic focus on innovation, customer experience, and network quality have resulted in healthy financial performance. The company’s commercial agility and investment in digital platforms are also supporting long-term value creation for shareholders.

Financial Highlights

Despite a challenging macroeconomic environment, BTC reported the following headline results:

• Service revenue growth of 4%, supported by ongoing pricing innovation and customer-centric bundling strategies.
• Profit before tax increased by 30%, reflecting disciplined cost management efforts within operations.
• EBITDA margin held firm at 30.1%, demonstrating resilience despite pressure coming in from the cost of sales.
• Dividend payout of BWP 151 and a yield of 13.6%, which demonstrates a continued focus on returning value to shareholders.
• ROCE improved to 7.5%, up 1.45 percentage points year-on-year.

Interim Measures: Focus on Data-Led Growth and Network Investment

BTC continues to experience structurally higher demand for data as digital adoption accelerates across sectors—from urban centers to remote farming communities. The company has responded through:

• Expansion of fiber and last-mile connectivity to over 85% of localities
• Full 4G modernization along major corridors
• Satellite partnerships to reach underserved regions
• Community Wi-Fi pilots enabling access to fiber-speed internet at affordable prices

Outlook for the Future

Acting CEO Ms. Boitumelo Paya commented, “Our performance this year reflects more than numbers, it is a testament to our commitment to tailor solutions that meet our customers’ needs through our determination to build a digital-first BTC. As we celebrate 45 years of national service, we are sharpening our focus on inclusive digital growth, enterprise partnerships, and innovation to deliver even greater impact in the years ahead”.

BTC is entering the new financial year with a clear and purposeful focus:

• Creating shared value by delivering superior customer experiences while enhancing shareholder returns.
• Enabling national development through deeper collaboration with the government and digital infrastructure support.
• Accelerating digital inclusion by expanding high-speed, affordable connectivity to all segments of society.

As Botswana’s trusted digital partner, BTC is well-positioned to drive sustainable growth and innovation. We are going further together.

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Botswana Telecommunications Corporation Limited (BTC) successfully hosted and delivered the 3^rd Francistown Marathon at Obed Itani Chilume Stadium this weekend. The BTC Francistown Marathon, which is deemed a significant pivotal event in the local sporting calendar, brought together thousands of athlets, enthusiastic participants, spectators and other key stakeholders together in celebration of community spirit and partnerships into the vibrant city of Francistown.

This year’s marathon witnessed the participation of over 3100 runners, who competed across distances such as: 5km, 10km, 21km, 42km and wheel chair athletes. The diverse field of participants showcased the inclusive nature of the event, welcoming individuals of all ages and backgrounds to join in the pursuit of fitness and personal achievement.

Giving the key remarks, the Assistant Minister of Trade and Industry, Honourable Beauty Manake applauded “the efforts of the Government in its commitment to commercialising and professionalising sports through strategic investments, such as the construction of mini stadiums aimed at improving sports infrastructure and developing grassroots talent”. Furthermore, she extended her appreciation to the private sector for “their invaluable contribution to the Government’s efforts in sports development and commercialization”. She emphaised that, “together we can harness the potential of sports to not only create employment opportunities but also to enhance our global standing as a destination for sporting events”.

Delivering his welcome remarks, the Mayor of Francistown, His Worship Godisang Radisigo emphasised the profound impact of the marathon stating, “The BTC Francistown Marathon serves as a rallying point, bringing together people from all walks of life, transcending barriers and fostering a sense of unity and togetherness.” The event has become more than just a race, “it’s a platform for forging friendships, strengthening bonds, and enriching the social fabric of the city” said Radisigo. He also stated that “since its inception, the BTC Francistown Marathon has evolved into a cherished tradition within the Francistown community”.

Giving the overview of the marathon, the BTC Managing Director Mr. Anthony Masunga highlighted BTC’s commitment to community empowerment and social impact. “Our participation in the marathon demonstrates our steadfast commitment to having a positive influence on our communities”, he said. He further stated that “the BTC Francistown Marathon is a manifestation of our dedication to promoting education and a healthier, more active society”. Below is a highlight of the outstanding performances of the winners in each category, whose determination and skill exemplified the spirit of sporting excellence;

The 42.2km seniors race category female was won by Sheila Saina who walked away with P35,000, followed by Abigail Jerop who won P25,000 while Monicah Jekroriro walked away with P15,000 on position 3. The male category was won by Lyno Muchera who pocketed P35,000. On second position was Andrew Kiprop who won P25,000 while Amos K. Kemboi took third position and won P15,000.

The 42.2km masters category female was won by Keamogetse Magodu pocketing P7,500. The second position went to Lorato Oabile with P5,000 and third position was taken by Tebogo William with a prize money of P2,500. On the males’ side, the first position was clinched by Albat Kangor walking away with the prize money of P7,500 and followed by Leonard Koki on second position who scooped P5,000 while position three was clinched by Julius Monyeki, walking away with P2,500.  Gofaone Letshelaphala who participated in the 10km wheelchair race category won P7, 500.00.

The success of the 3^rd BTC Francistown Marathon 2024 reaffirms its status as a cornerstone of community unity, athletic prowess and social progress. As the event continues to grow in stature and impact, sponsors and organisers remain committed to fostering a culture of health, wellness and inclusivity for all.

For results, please use the following link for the marathon results:  www.timing.lifecycle.co.bw, select view race results (blue button in top right corner), select advanced results, filter on 2024 and race event name. It is best to also select show all in the bottom right on this page.

Thank you for your continued support.  

For more information kindly contact, 

Head of Stakeholder Relation: Ms. Lesego Goitsemang  

Email address: goitsemangl@btc.bw 

Cell no: +26775854602  

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