29.9 C
Harare
Tuesday, October 20, 2020
Mobile internet and data traffic increased by 56.2%People resorted to the internet and technical apps for work, education and informationOther segments like voice traffics registered declines Zimbabwe’s mobile internet and data usage exponentially increased during the second quarter of 2020 amid the coronavirus...
Group revenue grew by 7.8%Service revenue increased by 9.4%Voice revenue grew by 2.6%data revenue grew by 37.2% Harare - South Africa’s telecoms giant Mobile Telephones Network (MTN) posted strong results for the half year period ended 30 June 2020 against a backdrop of...
Headline earnings per share expected to grow by between 115% and 125%Earnings per share expected to grow by between 160% and 170% Harare - One of South Africa’s telecom giant Mobile Telephones Network (MTN) expects a growth in profit for the six months...
Service revenue grew by 12.6%Data revenue increased by 57.6%Mobile subscribers increased by 6.8 millionActive data users rose by 3.8 million Harare - Mobile Telephones Networks (MTN) Nigeria, a subsidiary of one of South Africa’s telecoms giant MTN has posted a positive performance for...
Banks adoption of mobile technology spurred by core banking upgradesBanks incomes’ tilting in favour of transactional businessMobile banking technology cushioning the impact on COVID-19 in transacting Zimbabwe has not been spared by the novel corona virus and new cases are growing on a...
Voice traffic down by 5.4%Data traffic decreased by 15.6%SMS traffic dropped by 6.2% Harare - Econet, Zimbabwe’s largest telecommunication company posted a decline in voice, data and SMS traffic in the first quarter ended 31 March 2020. In a...
Daily limit revised to a floor of ZW$20, 000Monthly ZIPIT transaction value curbed at ZW$100, 000The unfolding scenario is a replay of yesteryear casino economics Harare – In a battle to curb parallel exchange market activities which has seen the black market exchange...
Robust contingency planning across the business implementedPersonnel can work and collaborate from remote sitesThe company is executing plans to ensure network and system continuity Harare- Telecoms service provider, Liquid Telecom has taken steps to ensure the safety of its workers and customers as the Coronavirus (Covid-19) has spread...
Profit increased by 12% compared to the prior yearRevenue grew by 13% in 2019Concluded to dispose 49% equity holdings in Ghana Interco and Uganda Interco to AT Sher Netherlands Cooperatief U.A. Mobile Telephone Networks (MTN), one of South Africa’s telecoms giant reported a revamped performance for the...
Airtel Profit plummets 75% in 2019Economic instability affects Airtel’s performanceAirtel’s customer base- 5.836 million as at 31 December 2019 Lusaka listed Mobile Network Operator Airtel Zambia reports a 75.73% decline in Profit After Tax to ZMW 15.74 million (USD...