MOBILE telecommunications company, Econet Wireless Zimbabwe, says it is confident that the proposed separation of its infrastructure business will unlock shareholder value by enhancing visibility of asset values and sharpening capital allocation.
In its latest quarterly update for the period to November 30, 2025, the telecommunications group said the carve-out highlighted its strategic focus on optimising shareholder returns while positioning the business for sustained growth in a rapidly evolving digital landscape.
The group continues to reinforce its strategy with sustained investment in modernising network infrastructure, tapping into artificial intelligence (AI)-driven solutions across its operations, including network fault detection, fraud detection and delivery of personalised customer experiences.
“The group is confident that the proposed carve out of the infrastructure business enables clearer visibility of asset values, focused capital allocation and a distinct operational strategy for infrastructure deployment and management, which demonstrates our strategic focus to optimise shareholder value,” said Econet group company secretary Tatenda Ngowe.
According to Econet, innovation remains at the core of its strategic focus to diversify revenue streams
and improve service offerings in a dynamic and competitive environment.
During the quarter under review, Econet rolled out an additional 103 base stations and sites nationwide, including 27 lightweight base stations targeting developing urban areas and under-served rural communities.
This expansion intends to improve coverage in areas traditionally affected by poor connectivity in order to meet rising demand driven by urbanisation.
Econet said the new infrastructure forms a backbone for future innovations, enabling the introduction of new products.
The group also completed a core network expansion for both voice and data services, which is expected to enhance service quality significantly.
To complement these developments, the company is in the final stages of commissioning a new billing and subscription platform designed to automate critical business processes.
These capabilities are expected to enhance network security, reduce service disruptions, and improve the overall customer experience.
Ongoing investments in network infrastructure, customer-centric initiatives and the expansion of mobile financial services continued to drive revenue growth across Econet’s major business segments during the quarter.
Data usage remained the primary growth driver, increasing by more than 50 percent compared to the same period last year, while voice usage grew by 35 percent.
Econet said the sustained growth in traffic volumes highlights the need for continued network capacity expansion and optimisation to support improved customer experience and drive digital services usage towards regional peer averages.
EcoCash, the group’s fintech arm, recorded a 28 percent increase in customer activity, with transaction volumes rising by 36 percent.
Wallet funding grew by a robust 91 percent, supported by an 88 percent expansion in the mobile financial services footprint compared to the prior year.
The insurance segment also posted strong volume growth as individual life policies increased by 10 percent, short-term insurance policy holders surged by 81 percent, while medical aid membership rose by nine percent.
The Board declared and paid an interim dividend of US0,60 cents per share for the quarter ended November 30, 2025.-herald
