What's Happening?
Loc8 has entered the 5G telecommunications market in Namibia, securing a license to operate in the 703–788MHz and 790–862MHz bands. The company plans to launch its 5G network in the first quarter of 2026, becoming the third telecom operator in Namibia to receive a 5G license, alongside Mobile Telecommunications Company (MTC) and Telecom Namibia. Loc8, originally a software company specializing in geolocation technology, has pivoted to telecoms by acquiring necessary licenses. The company aims to focus on urban consumers and industries, particularly in IoT applications within sectors like mining.
Why It's Important?
Loc8's entry into the 5G market represents a significant expansion of telecommunications infrastructure in Namibia, potentially enhancing connectivity and digital services. The deployment of 5G technology is expected to drive innovation and economic growth, particularly in urban areas and industries reliant on IoT applications. This development may also increase competition among telecom operators, leading to improved services and lower costs for consumers. The focus on IoT applications could further bolster Namibia's mining sector, a critical component of the country's economy.
What's Next?
Loc8 is expected to continue building its network infrastructure, securing fiber routes and subsea cable access to ensure network resilience. As the company prepares for its 2026 launch, it will likely engage in strategic partnerships and collaborations to enhance its service offerings. The competition with existing operators MTC and Telecom Namibia may lead to further advancements in 5G technology and services, benefiting consumers and industries across Namibia.