Econet still pushing subscriber base
TELECOMSBy BiztechAfrica - July 27, 2012, 4:42 p.m.
By Alfonce Mbizwo, Harare, Zimbabwe
Econet is still focused on increasing subscriber numbers while continuing to develop its data product in line with international trends, chief executive Douglas Mboweni told the group’s AGM today.
Mboweni said the group will change focus to usage and other overlay services once 100% penetration is achieved.
He added that the penetration rate is currently at 78% and will reach 100% in 2014. He said an increase of 10 mobile phones per 100 people boosts GDP growth by 1.2% in developing countries.
“In terms of internet penetration, Zimbabwe at 30% is ahead of the African average of 17% and slightly below the world’s average at 32%.
Mboweni said the country’s tariffs, often said to be high, were very competitive, with Econet’s peak tariffs of 20 cents way below MTN (SA)’s 33 cents, Vodacom (SA)’s 31 cents but above Airtel Zambia’s 19 cents and Botswana’s Mascom at 18 cents.
He added that Econet’s tariffs had remained at current levels despite the increased costs brought by the need to power base stations with generators.
Mboweni said there were still a lot of opportunities for Econet to pursue in the ICT industry, giving an example of EcoCash, where he says there is potential to tap into the R5 billion sent home by Zimbabweans working in South Africa. He also talked about opportunities in “e-government, e-learning, telemedicine and e-health.
He said at least 2.5 million subscribers were connected to the broadband, while 1.5 million previously unbanked individuals were connected to EcoCash. He said the group had 31 New Generation Shops, 1 000 direct employees and had created 20 000 employment opportunities.
MORE TELECOMS NEWS
Orange Kenya dumping copper for fibreOrange Kenya will this week commission a project to replace its copper cables with fibre in Nairobi’s Milimani Area. Read More
Second class to graduate from Samsung Academy KenyaSamsung Electronics East Africa (SEEA) will this week release 98 more graduates from its academy in Kenya. Read More
Telecom Namibia joins global Pearson VUE testing networkTelecom Namibia has signed an agreement with Pearson VUE, the electronic certification and licensure testing business of Pearson, to provide Information Technology certification test delivery using the Pearson VUE® Testing System. Read More
Telecel Go reduces cost of calls to all networksTelecel has launched a new pre-paid service platform called Telecel Go, which removes the boundaries between networks and reduces the cost of calls across all networks significantly. Read More
Huawei rolls out new base stations in ZambiaChinese communications equipment giant Huawei Technologies has launched the first of a series of 169 base stations that will connect rural communities in Zambia to the mobile phone network. Read More
Kenya, Uganda, Rwanda strike deal to lower roaming ratesPlans are underway to lower roaming rates among Kenya, Uganda and Rwanda. Read More
Kenyans making longer calls - CAK ReportRobust marketing by telecoms and lowered call rates saw Kenyans use mobile phones more in 2013, the latest sector report shows. Read More
Telecom Namibia, XON Systems, Juniper Networks invest in network academyTelecom Namibia has set up a Telecom Namibia Juniper Networks Academy in conjunction with XON Systems and Juniper Networks to boost the training of network engineersin its training facility. Read More
Nokia X excites Ghana smartphone loversNokia Ghana has unveiled one of its new smartphone products, the Nokia X, onto the Ghanaian mobile phone market. Read More
XDSL signs agreement with DFA, Conduct for more fibreInternet Service Provider XDSL has entered into an agreement with Dark Fibre Africa (DFA) and Conduct, DFA’s last-mile fibre network subsidiary. Read More
FEATURED STORYKenyan shift to Green Economy would generate USD 45bn by 2030
Kenya’s transition to a green economy could produce major economic benefits equivalent to an estimated USD 45 billion by 2030, a new study shows.
BEST READ NEWS
IN DEPTHE-waste threatens Ghana’s beaches
Many beaches in Ghana, already stressed by pollution and poor maintenance, are now facing a new threat: e-waste.
COMPANY NEWSVMware Reports First Quarter 2014 Results
VMWare has announced Year-over-Year revenue growth of 14% to $1.36 Billion in its Q114 results.