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Harare
Wednesday, October 20, 2021
In Zim Econet bemoaned low smartphone penetrationIn sub-Saharan Africa over 400M people still don't have access to mobile internetMobile has played a key role in breaking down ecosystem and interoperability challenges HARARE - Stanbic Bank Zimbabwe’s parent company, Standard Bank Group, says for increased...
The Group posted a loss of ZW$135 billionOperations were significantly impacted by the power disruptionsRevenue increased by 31% Harare – Econet Wireless Zimbabwe Limited (EWZ) recorded a staggering exchange losses amounting to ZW$6.1 billion during the year ended 29 February 2020 stemming...
Zimbabwe’s smart phone penetration is at low 52%Increased access to data services is necessary to support online education, health and business digitalisation initiativesEconet service approximately 60% of all the mobile customers in Zimbabwe Harare – Zimbabwe’s leading Telecommunications Group, Econet Wireless Zimbabwe Limited...
Data consumption up 63%Digital touchpoints were made available for customer useCompany to enhance digital channels as they are now its preferred way of doing business Harare- Econet Wireless recorded a massive increase in data consumption in the period ended 31 August 2020 as...
Revenue increased by 15.98%Customer base grew by 7% Harare – Airtel Networks Zambia saw an increased revenue for the six months period to 30 June 2020 compared to the same period last year. In a half year results publication,...
Earnings per share expected to plunge by 845.75%Drop attributed to currency depreciation Harare - Airtel Networks Zambia, a provider of prepaid, postpaid and mobile services anticipates a wide loss for the half year period ended 30 June 2020 as a result of the...
Voice services is still the biggest contributor to the bottom lineOperating costs exclusive of foreign currency losses grew by 42%Active mobile telephone subscriptions declined by 6.7% Harare – Revenue generated by Zimbabwe’s mobile network operators increased by 45.8% to record ZWL3 billion during...
Mobile subscriptions declined to 12.9mInternet penetration rate declined by 2.4%The decline is attributable to the depressed demand in the economy Harare – As the country continues to reel from hyperinflation with the world’s second highest annual inflation rate after Venezuela, the total number...
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...