Econet records $5 billion loss
Econet Wireless Zimbabwe slumped into a $5 billion loss for the half year to August 31, 2022 compared to a profit of $25 billion during the same period last year … Read More
Category: Telecoms
Econet posts $5,78 billion loss in H1
TELECOMMUNICATIONS giant, Econet Wireless Zimbabwe posted a $5,78 billion loss in the first half to August 31, 2022 as tariffs continue to lag behind costs. Econet has been urging the … Read More
Zhombe communication centre commissioned
THE Government remains committed to improving internet connectivity across the country in line with the right of access to information and the development agenda of leaving no one and no … Read More
Telecommunications industry reviews bundle prices
Zimbabwe’s telecommunications sector has reviewed its bundle prices, both in domestic(ZW$) and United States dollars (US$), to align with rising operation costs. This comes two weeks after the Postal and … Read More
TelOne launches virtual insurance platform
STATE-owned fixed telephone service provider TelOne yesterday launched a virtual insurance platform, Insure-Me, which it says could boost its revenue streams by 8% in the first year. Through the facility, … Read More
Potraz licences new mobile operator
POSTAL and Telecommunications Regulatory Authority of Zimbabwe (Potraz) has granted a licence to a mobile virtual network operator, Dolphin Telecoms. This will make Dolphin Telecoms the fourth mobile service operator … Read More
Legacy debt choking NetOne
STATE-owned mobile network operator, NetOne says legacy debts continue to negatively impact on the company’s balance sheet, and is pushing for timeous clearance of the debts to avoid further repercussions. … Read More
Telecel workers under pressure to withdraw court application
A lawyer representing the person who filed an application seeking to put Telecel Zimbabwe under corporate rescue has made sensational claims that his client is being forced to withdraw the … Read More
Telecel to undergo corporate rescue
Telecel Zimbabwe, the country’s smallest mobile phone operator, is set to go under corporate rescue, a local form of bankruptcy protection due to serious financial distress. According to a High … Read More
Econet Wireless says to deploy new infrastructure and upgrade 150 sites in Bulawayo
Econet Wireless Zimbabwe, the leading telecommunications and technology company, says it plans to deploy new network infrastructure in Bulawayo and across Matabeleland in a move intended to boost network quality … Read More
