Econet drives growth in data, internet usage
Zimbabwe Stock Exchange (ZSE) listed mobile network operator Econet drove the overall growth in mobile data and internet usage in the telecoms industry during the second quarter of 2023, after … Read More
Category: Telecoms
Econet dominates telecoms sector
DESPITE mobile operators registering a 0,7 percent decline in active subscriptions in the second quarter ended June 30, Econet Wireless Zimbabwe continues to dominate the sector posting growth in various … Read More
Cellular operators’ revenue jumps 170pc
CELLULAR operators’ revenue for the second quarter of 2023 jumped 170 percent to $435 billion compared to $161 billion recorded during the previous quarter on inflation-induced price increases. While operator … Read More
Econet dominates telecoms sector
DESPITE mobile operators registering a 0,7 percent decline in active subscriptions in the second quarter ended June 30, Econet Wireless Zimbabwe continues to dominate the sector posting growth in various … Read More
Rights offer: Econet, EcoCash get exchange control approvals
LISTED firms, Econet Wireless Zimbabwe (Econet) and EcoCash Holdings (EcoCash), have secured exchange control approvals from the central bank for their upcoming rights offers to be made in United States … Read More
Low tariffs threaten telecoms sector — Econet
ECONET Wireless Zimbabwe (EWZ) says the absence of a serious adjustment in tariffs is threating the long-term viability of the telecoms sector after it posted a loss of ZWL$17 billion … Read More
Econet invests US$66m on network upgrade
LISTED telecoms giant, Econet Wireless Zimbabwe has invested US$66 million on network modernisation that saw 22 5G base stations and commissioning of 80 new base stations providing additional coverage and … Read More
Econet, EcoCash to redeem shareholder debt
Econet Wireless Zimbabwe and EcoCash Holdings Zimbabwe Limited shareholders have approved resolutions allowing the companies to raise US$30,3 million each, to redeem shareholder debt extended five years ago to service … Read More
Low tariffs weighing on investment:Econet
ECONET Wireless Zimbabwe (EWZ), says Zimbabwe has the lowest tariff rates for broadband services compared to other operators in the region, a situation the company blamed for limiting investments by … Read More
Powertel to connect mining firms to Internet of Things
Powertel Communications, a subsidiary of ZESA Holdings, aims to connect mining companies to the Internet of Things (loT) technology as it seeks to increase business efficiency and competitiveness as an … Read More
