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
Nigeria’s fifth telco, ntel, appoints Danjuma board chairmanNatCom Development & Investment Limited (NatCom) trading as ntel, has announced a key addition to its board and the emergence of elder statesman, accomplished businessman and respected philanthropist, Gen TY Danjuma (retd) as Chairman. Read More
MTN Nigeria prepares for listingMTN Nigeria is preparing to list its shares on The Nigerian Stock Exchange as part of a settlement arrangement with the Federal Government of Nigeria. Read More
AMOTEL, WTL rural network now up and runningWorld Telecom Labs (WTL) and AMOTEL have announced that the network they have built in rural Tanzania is now live with residents in three remote villages able to make calls and use the internet for the first time. Read More
MTN Ghana launches 20th anniversary edition of i-FestThe MTN Ghana 20th anniversary edition of the internet festival (iFest) was officially launched at a colourful outdoor event in Abeka Lapaz, a suburb of Accra. Read More
Gilat Satcom, Total IT Solutions connect 10 villages in NigeriaGilat Satcom is providing voice and high-speed data to ten villages in the states of Adamawa, Borno, Kano, Katsina, Oyo and Yobe in the North East of Nigeria. Read More
NCC enforces 2442 Do Not Disturb short codeFollowing an NCC directive, Nigerian mobile operators will activate a Do Not Disturb facility which gives subscribers the freedom to choose what messages to receive from the various networks. Read More
Tigo Business – Building trusted business partner relationships with clientsTigo Business has increased and empowered its account management team to improve its overall customer service experience. Read More
Danbatta seeks Reps’ cooperation on telecom regulationsThe Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta, has called for more cooperation and understanding of members of the House of Representatives, on regulatory functions of the commission. Read More
Orange completes acquisition of Airtel in Burkina FasoOrange has announced that, together with its subsidiary Orange Côte d’Ivoire, it has completed the acquisition of 100% of the mobile operator Airtel in Burkina Faso. Read More
FEATURED STORYFirst-ever Africa Barclays Accelerator programme concludes
Ten fintech companies have concluded the first-ever Barclays Accelerator, powered by Techstars in Africa.
BEST READ NEWS
IN DEPTHEthical Hacking students can’t get a heck of a job
Botswana ethical hacking students report that they are failing to break into the local job market.