Zimbabwe - Mobile Infrastructure, Broadband, Operators - Statistics and Analyses
NEW YORK, Nov. 8, 2017 /PRNewswire/ -- Growth in Zimbabwe's mobile market has been hampered by the poor economic climate, exacerbated by recent regulatory measures affecting tariffs and taxes.
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These burdens have placed greater pressure on network operator revenue, which has jeopardised their ability to invest in necessary network upgrades. Annual revenue has fallen steadily during the last three years, with a 2.9% fall in 2016. The regulator has imposed a new raft of tariffs for calls and SMS and has proposed a ceiling price for voice and data bundles.
The sale of the financially troubled Telecel Zimbabwe was completed in mid-2016, with the government now owing the company through its ISP Zarnet.
Key developments:
NetOne launches refreshes m-money service; Telecel launches LTE in four cities before expanding footprint nationally; government proposes consolidation of its telecom assets and business units; regulator closes consultation on MVNO licence fees; government approves $250 investment to build 600 mobile towers to serve rural areas; Econet expands m-commerce; regulator proposes ceiling price for voice and data services; Econet launches EcoCash Ta! tap and go payment system; telcos agree to the government's infrastructure sharing policy; VEON sells debt-laden unit Telecel to state-owned ISP Zarnet for $40 million; Telecel Zimbabwe launches Telecash mobile money service; government increases licensing tax, imposes additional levies and a customs tax on mobile handset sales; report update includes the regulator's market data to June 2017, telcos' operating and financial data to February 2017, recent market developments.
Companies mentioned in this report:
TelOne, NetOne, Econet Wireless, Telecel.
Read the full report: https://www.reportlinker.com/p04016214
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