Search results for: “netone”
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Econet loses court appeal for tariff adjustment
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… more
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Lower revenues & increasing subscribers reflected in latest POTRAZ telecoms report
Telecoms operators are experiencing a growth in subscriber numbers, but the same subscribers aren’t spending as much. That’s one way of looking at the statistics provided in the latest (Second Quarter of 2015) sector performance report from post and telecoms regulator, POTRAZ. more
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Resellers vs Product Builders, or how Econet may miss the internet opportunity
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. more
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Telecel under the government, Propertybook, Steward Bank agents, Startup competitions – Podcast
We discuss the future of Telecel in this podcast, along with talks on a real estate listings startup called Propertybook, the Steward bank agent banking partnership with Zimpost and the startup competitions happening locally as Global Entrepreneurship Week comes to a close. One other issue touched on is the Startup Challenge and its absence from… more
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Zimpost enters online payments game, offers ZESA & money transfer services
With all these solutions popping up, Zimpost, the state owned enterprise that owns and manages all local postal services didn’t want to be left behind and has now introduced its own online payments and e-money platform. more
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Here’s the $30 device leading Econet into Connected Health services
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. more
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POTRAZ asks for input as it reviews licencing, acts on infrastructure sharing
POTRAZ, the local telecommunications regulator has put out an advert inviting various stakeholders to contribute to a consultative process which is meant to review the current telecoms licensing Framework. more
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Telecel begins selling ZESA prepaid tokens via TeleCash… in pilot
“You have been selected to be part of the pilot tests to purchase ZESA prepaid tokens using TeleCash…” more
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TelOne 2015 financial results at a glance – $17 million profit, $162 million revenue
For the period ending 31 August 2015 TelOne managed a 187.1% increase in profit before tax from the previous year’s $6,2 million to end the 2015 financial year on $17,7 million. more
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Bleak outlook for Econet as profits, revenue expected to decline in 2016
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. more
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EcoCash and MoneyGram officially launch remittances partnership
Earlier today, we attended the official launch of the partnership between EcoCash Diaspora and the global money transfer company, MoneyGram. The EcoCash and MoneyGram remittance option works in pretty much the same way as the other integrated remittance services such as WorldRemit, Western Union and Chitoro. more
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TelOne & the two sides to its $163 million gift
The question though is whether or not this is the right thing to do for a new TelOne that is slowly defining itself as a true corporate competitor in Zimbabwean telecoms. Without help from the government It has started to define itself as a game changing operator with the potential to upset the status quo… more
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Econet announces 17.7% drop in revenue, 52% decline in profit in 2015 Half Year Results
Econet Wireless Zimbabwe has announced a 17.7% drop in revenue and 52% decline in profit in its 2015 Half Year Results. more
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Understanding Econet as it prepares for the half year results. What does the future look like?
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. more
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Telecel to introduce LTE in 2016, downplays the service’s immediate relevance in Zim
According to Angeline Vere, the CEO of Telecel, the operator has been piloting LTE in parts of Zimbabwe and will be activating it in the first part of 2016. However, she pointed out that the service isn’t immediately relevant in Zimbabwe because of a limited smartphone penetration. more
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Econet retrenches 100 employees as operational & regulatory challenges take their toll
Econet has just reported that it has retrenched 100 employees in efforts to streamline operations in an environment where revenues have fallen. more
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Econet goes hard promoting LTE – offers subscribers 300 MB free data
Econet has ramped up the promotion of its LTE service with free data for users that sign up to test it. more
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Kenya introduces bond trading via M-PESA, offers lesson to Zim govt
Earlier this week it was reported that Kenyans will now be able to open Central Bank depository accounts from their phones using their mobile money accounts without visiting a bank or broker, and proceed to buy government paper. Can this be adopted in Zimbabwe as well? more
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200 and counting – Telecel grows its kiosks and franchise shop numbers
According to Telecel, it has increased the number of its kiosks from 75 to 200 and it now has 12 franchise stores acorss the country. This is part of the operator’s strategy to develop a stronger brand presence in the market which will hopefully draw in lost subscribers. more
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The government needs Econet to play ball, here’s why
The government needs Econet to join in sharing infrastrucure to prevent itself from becoming the very same monopoly that Econet/ Liquid is. more
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No going back on Infrastructure Sharing despite Econet conundrum
Despite the minister’s less than eloquent responses in a radio interview, Infrastructure Sharing must proceed and Econet must work out its strategy especially where it may relate to how they source the funding for its infrastructure expansion. more
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Liquid’s expensive bandwidth, rogue economics in Zim telecoms & Infrastructure Sharing: Podcast
In this podcast, we discuss the comments shared by the Minister of ICT in a recent interview on ZiFM Stereo that touched on Infrastructure sharing. more