Zimbabwe’s smallest mobile telecommunications company, Telecel Zimbabwe says it is in the business for the long run. This comes as reports have been circulating that the telecoms firm was facing closure. “Telecel Zimbabwe (Pvt) Ltd would like to assure all its stakeholders and customers, that while the Company is facing some challenges, the Company is…
The Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ) has moved away from a fixed model for determining the various tariffs for telecommunications operators to a flexible model. The new model is meant to improve sustainability of the local telecoms firms’ businesses by taking into account their need for viability and customers’ need for affordable…
Zimbabwe’s mobile network operators recorded a 36% increase in revenue to $1,1 billion in the full year to December 2018 despite a 25% increase in operating costs, POTRAZ reported. The country has three licensed operators, two of which are State-owned — NetOne and Telecel and a third which is privately-run, Econet. A sector report by…
Telecel Zimbabwe (Pvt) Ltd is set to be evicted from its two rented premises belonging to First Mutual Investment Company (Pvt) Ltd after accumulating rental arrears amounting to US$40 843. First Mutual is said to have approached the High Court in order to make Telecel settle the arrears and the MNO is yet to respond…
