Zimbabwe's Econet achieves 5m

TELECOMS

|
Image: By Econet
Zimbabwe's Econet achieves 5m

Zimbabwe’ s Econet Wireless has announced that it has achieved its target of 5 million subscribers before Christmas.

The operator reports that it now has 5 million subscribers and 400 000 Econet Broadband users, and accounts for the largest number of lines sold in Zimbabwe.

CEO Douglas Mboweni said the total number of subscribers stood at 5,012 million as at November 30.

He said demand for new lines remained strong, but the company was currently managing to sell all the lines being released onto the market.

Econet continues to account for the majority of all lines sold in the market, Mboweni said. The increase in the subscriber base has been made possible by the ongoing network expansion.

The three products being offered under Econet Broadband, the national broadband service which was launched in October, now have a total of 432 312 subscribers.

Work on the fibre optic network has been completed, and the network has a direct connection to the SEACOM cable in Durban, South Africa, Mboweni said.

Through its parent company, Econet Wireless Group, Econet Wireless Zimbabwe also has dedicated capacity on SEACOM cable, ensuring its customers do not have to go through the networks of third parties.

In other news, Econet has called on the government to help it recover USD38 million in call termination fees owed to it by state-run TelOne. Econet said it had not been paid any since January 2009.



Share the News

Get Daily Newsletter

comments powered by Disqus

MORE TELECOMS NEWS

Employees voice concern over IPO

Daggers have been drawn between the Botswana Telecommunications Corporation Limited (BTCL) employees and the management over an alleged lack of consultation on the Initial Public Offer.  Read More

Local firms reap rewards of BOFINET tender

A multi-million dollar tender issued by Botswana Fibre Networks (BOFINET) will benefit a handful of local ICT and construction organisations.  Read More

Vodafone Ghana wins two CIMG awards

Vodafone Ghana has been adjudged the Telecommunications Company of the Year 2013, while its Corporate Social Responsibility (CSR) programme, HealthLine, picked the TV Programme of the Year 2013 award at the Chartered Institute of Marketing Ghana (CIMG) Awards held in Accra.   Read More

Gabon, World Bank sign US$58 million-fibre optic agreement

Gabon and the World Bank have signed a US$58 million agreement that will clear the way for the construction of a major fibre optic infrastructure to link the country’s five provinces and cross over to the Republic of Congo. Read More

Operators to suffer $14bn in lost revenues this year

A new report has found that voice and messaging traffic lost to OTT (Over The Top) players such as WhatsApp, Facebook and Skype will cost network operators $14 billion in revenues globally this year. Read More

Wiko‎ eyes 10% market share

New entrant to Nigeria’s mobile phone industry and French firm, Wiko Mobile, says it is targeting 10 per cent of Nigeria’s market. Read More

TeliaSonera International Carrier strengthens connectivity in Western Africa

TeliaSonera International Carrier (TSIC) and Angola Cables have announced an IP Transit agreement that will enhance regional connectivity to TSIC’s customer base along the West African coast using Angola Cables’ significant submarine cable assets. Read More

We’ve built West Africa's strongest aerial fibre, says Phase 3 chief

The Chief Executive Officer of Phase 3 Telecom, Mr. Stanley Jegede, says the firm has invested massively in building a very robust aerial fibre network to improve connectivity across the country and the entire West African sub-region. Read More

Orange launches reward scheme for corporate clients

Orange has introduced a loyalty programme for its corporate clients, dubbed Corporate Ziada. Read More

MTN Ghana launches fixed wireless phones for SMEs

MTN 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

PRESS OFFICES

Sage ERP AfricaSAP AfricaSage Pastel AccountingTrust PayVMWareSamsung ElectronicsMitsumi DistributionPhoenix DistributionSage HR AfricaMTN BusinessSchneider ElectricMultichoice

FEATURED STORY

Growing African focus on data securityGrowing 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.

IN DEPTH

Africa lags on digital migration Africa 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.