Econet has been contesting a directive given last year by POTRAZ to all operators to lower their voice tariffs. This adjustment led to the lowering of mobile voice calls from 23 cents a minute to 15 cents a minute at the start of 2015. This adjustment had been determined by the new LRIC pricing model…
This is the main reason I don’t quite buy the “fast follower” thinking that the company has said is part of its modus operandi. The internet and the tools it provides freely to anyone, are not so we can follow fast to resell products.
Econet has shut down and put up for auction its water purifying company, Seldon Technologies.Econet Global had pumped in some US $20 million but is putting the company up for auction at a reserve price of US$1.5 million.
It’s not surprising that the leading provider of mobile broadband, Econet Wireless has launched its own self-care app. Called My Econet, this is meant to be Econet’s attempt at offering subscribers access to their accounts through a simplified gateway to a bouquet of services.
Along with the two other mobile network operators in Zimbabwe, Econet is obliged by the telecoms regulator, POTRAZ, to ensure that all its subscribers are registered with accurate details, something that meets mobile telecoms Know Your Customer (KYC) requirements and helps monitor criminal activity on the network.
The primary device at the heart (pardon the pun) of this unit is the Econet Connected Health Device which is a blood glucose and Blood Pressure monitoring system. The device is used by patients suffering from the long list of conditions that are affected by these metrics.
According to Econet, the Ownai site is still undergoing some necessary tests around security and stability and the inference that had been made that it was hacked wasn’t necessarily factual.
Tengai, the online classifieds platform from Econet is back online. The startup has however resurfaced with a different name, Ownai.
How does 2 GB of free data sound? Econet is hoping you’ll say exciting. The mobile operator has been offering that much in free data to anyone who buys one of the ZTE phones being sold by their devices division.
If you’re keen on freebies from your mobile network, Econet has one for you. The mobile operator is running a promotion that offers subscribers 1 free minute between the hours of 5 am and 8 am everyday.
However, one other number that stood out for us related to Econet’s broadband services. According to to the analysts’ presentation which accompanied the results, Econet has 7 million broadband subscribers. Econet says this number is an improvement from the 4,7 million broadband subscribers that the operator had in the same period last year.
Local stockbrokers, Lynton Edwards have projected a 21.3% drop in revenue for the period ending February 2016 along with a 49% reduction in net profit. According to these measures, Econet’s revenue will stand at $587 million and profit for the full year will come to $35,4 million.
This episode of the podcast features a discussion on the latest results from Econet and NetOne, the future for mobile money in Africa being eyed by Mozido and Nettcash, and […]
Other than the release of its Half Year Financial Results, the highlight of the week for Econet Wireless has been the Beyond The Phone Expo being held at the HICC in […]
One of the first services you’ll notice as soon as you get to the Expo is called Technites. This is another startup idea from the Econet team and though the service hasn’t entered the market it is set for launch in the short term.
Econet Wireless Zimbabwe has announced a 17.7% drop in revenue and 52% decline in profit in its 2015 Half Year Results.
Does Econet get the internet? Looking at the Tengai experience (it hasn’t been restored more than 2 months later), a strange EcoShopper product, and the long silence on ipidi you get a sense of how much Econet is prepared for business at this level.
One of the products unveiled at the Econet beyond The Phone Expo was the Econet ConnectedHome service. This uses standard smart home technology to offer a security system and automated domestic experience. However, Econet is looking beyond just cars and homes with these new products.
[powerpress] In this episode of the podcast, we discuss the LTE opportunity for Zimbabwe and how Telecel is approaching it, the 100 employees retrenched at Econet, Tecno entering the […]
Remember the Econet Experience Expos Econet hosted somewhat irregularly since about 2010? It looks like they will have something similar this year, except this is being called simply the Econet Expo. The 3 day […]
Econet has just reported that it has retrenched 100 employees in efforts to streamline operations in an environment where revenues have fallen.
Econet has ramped up the promotion of its LTE service with free data for users that sign up to test it.
The Econet Dream Bundles have been terminated after the promotion that brought them to the network came to an end.
Local internet provider ZOL has made its WiFi hotspots free again, with some Ts and Cs of course. However, this shows how the model for WiFi rollout can be tinkered […]
Econet is sending broadband subscribers SMSes inviting them to use at least 10 MB of data (worth $1 at the Econet broadband bundles rates) in a day in order to get 50 MB of data.
The list of nominees for the 2015 World Communication Awards, an annual ceremony which accompanies the Total Telecom Festival has just been released and Douglas Mboweni, the CEO of Econet Zimbabwe has been nominated for the CEO of the Year award. Also nominated is Liquid Telecom for the best Wholesale carrier Award.
Starting early this month, Econet began a trial rollout of LTE services to smartphones, we are told. You will remember that before this, that is since as far back as the launch in September 2013, you could only access LTE via a USB dongle.
The government needs Econet to join in sharing infrastrucure to prevent itself from becoming the very same monopoly that Econet/ Liquid is.
Local mobile network operator, Econet Wireless is experiencing a service outage. First noted earlier this morning, the loss of service has affected subscribers in terms of both voice and data traffic.