Econet still pushing subscriber base
TELECOMS| 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 launches reward scheme for corporate clientsOrange has introduced a loyalty programme for its corporate clients, dubbed Corporate Ziada. Read More
MTN Ghana launches fixed wireless phones for SMEsMTN Ghana has launched the Eazifon fixed wireless phone as an alternative to the traditional landline fixed phone for Small and Medium-sized Enterprises (SMEs). Read More
Cameroon to increase telephone digits in NovemberThe number of telephone digits in Cameroon will be increased from eight to nine come 21 November 2014, the telecoms regulator, l’Agence de Régulation des Télécommunications (ART), announced recently at a press briefing. Read More
“Colossal disparity” between fixed, mobile penetration in AfricaThere is a “colossal disparity” between fixed and mobile communication penetration rates in Africa, according to analyst firm Frost & Sullivan. Read More
Preparing for the next evolution in the telecoms landscapeChange is coming to the telecoms market, as increased competition, reduced cost of services and changing business models pave the way for new services, new solutions and more pervasive communication to connect more users, more affordably, says Jasco. Read More
MTN notes ruling by International Arbitration PanelMTN Group has noted that a tribunal of independent arbitrators has ruled against Turkish mobile operator Turkcell, in the investor-state arbitration under a bilateral investment treaty case held in terms of the rules of the United Nations Commission on International Trade Law (UNCITRAL). Read More
Vodacom enhances enterprise voice suiteVodacom Business Nigeria has enhanced its enterprise voice suite with the launch of two new solutions, Business Connect and Business Express. Read More
Telecom Namibia receives NTA certificationTelecom Namibia Training Centre has been endorsed by the Namibia Training Authority (NTA), the national body responsible for the registration of vocational training centres and institutes, to deliver a wide range of general IP/IT training programmes. Read More
Tigo supports Ghana Military AcademyTigo Ghana has presented smartphones and 1-year fully connected modems to graduating cadet officers of the Ghana Military Academy at the Military Academy and Training Schools (MATS) in Accra. Read More
FEATURED STORYGrowing African focus on data security
Beachhead Solutions’ new SA and Mauritius country manager explains the challenges and solutions around securing customer data and compliance with new personal information legislation.
BEST READ NEWS
IN DEPTHAfrica lags on digital migration
Only three African countries have so far completed the digital migration process, and serious issues are hampering the migration in other nations.
COMPANY NEWSCNN, MultiChoice name top African Journalist 2014
Kenyan journalist Joseph Mathenge has been awarded the top prize at this year’s CNN MultiChoice African Journalist 2014 Awards Ceremony.