The problems engulfing Telecel at the moment don’t seem to have a clear resolution in sight. A fortnight ago we wrote about how the company was still bleeding customers at a frightening pace. It seems in addition to having to deal with subscriber loss, board room squabbles and investing in infrastructure, Telecel is also looking […]
Between October 2015 and October 2016, the number of LTE base stations across Zimbabwe increased by 343% as Econet and NetOne, the country’s largest and second-largest mobile network operators expanded their mobile broadband coverage.
The Coca Cola Company recently gave notice of its plans to terminate its bottling deals with Delta Corporation and its associate, Schweppes Zimbabwe Limited. This comes after the regulatory approval of the $104 billion merger between Anheuser-Busch InBev NV/SA (AB InBev) and SABMiller Plc, which is also Delta’s largest single shareholder (It holds a 38% stake). Delta […]
NetOne has put an end to its “The One” product/promotion. In its short-lived lifespan, “The One” managed to capture the hearts and minds of subscribers across all networks. So enticing of a product it was, just last week we handed NetOne the mobile data champions cup! But in a surprise turn of events, NetOne pulled the plug […]
According to the latest quarterly report from the telecoms regulator POTRAZ, in the first quarter of 2016, the number of active LTE subscriptions in Zimbabwe increased by 23% reaching 152,782 from the previous quarter’s total of 124,179 active subscriptions.
In the first quarter of 2016, Zimbabwe’s mobile telecoms generated $167.7 million in revenue which was a 12.3% decline from the revenue earned in the last quarter of 2015.
It was set for 2014, deliberated on at length but still hasn’t happened and the new date (actually, no date was set, it’s just been pushed to later this year or in 2017), coupled with a could/if/might attitude just means that it’s been overlooked again even after all these years.
The assumption was that the as the high cost of electronic transactions has been highlighted as a barrier to a “cashless society”, the charges for sending, receiving and cashing out money from mobile money wallets would also immediately come under review. That is yet to happen.
Zimbabwe’s telecoms regulator, POTRAZ, has issued a press statement dismissing repeated allegations from Econet that the local telecoms industry doesn’t have a level playing field.
Local mobile operator Econet Wireless is currently holding its analysts’ briefing where it has released the figures for the 2015 to 2016 financial year. Though the full briefing is yet to be released some of the highlights have been shared by analysts on Twitter and they indicate a pattern similar to the previous year’s performance […]
While reserving capital from operational profit might seem even harder for Telecel than its peers its absence on the new base station front is likely a reflection of a shortage of capital for aggressive expansion, something that its new majority owner, the government, will hopefully be able to remedy.
The reality, though, is that these operators are responding to changes that they never anticipated and whose effects they can’t control. The request for the ban, or regulation is, as has been the case in countries like Morocco and most recently South Africa, a way to contain the damage. That hardly justifies it, but it puts the request into context.
Reward Kangai, the chief executive officer of Zimbabwe’s second largest mobile operator, NetOne, has been suspended for three months as the operator prepares for a forensic audit to investigate allegations of impropriety.
The Post and Telecoms Regulatory Authority of Zimbabwe (POTRAZ) recently published the local Telecoms Sector Report or 2015 which focused on facts and figures for the third quarter of 2015. The report has offered some form insight into the local telecoms scene and a look at the figures and commentary can give a perspective of where […]