Low tariff costs dent Econet’s half-year performance
Telco reports a ZW$5,78bn loss in the first half of August.Stanley Karombo
Liquidity crunch blocks Econet’s 5G pipeline
While the tech firm has upgraded sites, and network capacity, the investments are limited and impacted by liquidity crunch said Chairman James Myers.
Telco traffic monitoring system another tax burden says Econet
Econet Wireless bemoans new tax obligation, despite a surge in data and revenue income according to its latest results.
Econet scores as demand for broadband spikes in Zimbabwe
Data income growth outstrips voice as company leverages broadband demand.
Data and optimised CRM balances out loss in earnings for Econet
Company expands digital customer management platforms amid COVID restrictions, limited access to Forex and power supply challenges.
Zimbabwe: Econet pushes for reduction in smartphone customs duties
Company lobbies authorities and cites opportunity to encourage more widespread adoption, increase smartphone penetration rate.
Strained capital investment impacts Econet
Company continues to pursue data revenue growth initiatives and partnerships with vendors.
Zimbabwe's smartphone penetration over 50%
Telcos say there is an increasing demand for smartphones and data services, despite hefty mobile data costs.
Econet Wireless steers investment towards data, content
Telco outlines strategy to offset a drop in 2017 revenues and profits.
Zimbabwe's Econet intensifies cost-cutting measures
Telco scales down capital expenditure intensity to 5.1% as profits, revenue takes a knock.
Zimbabwe: Econet confirms pay cuts
Telco has introduced cost-cutting measures introduced amid trying economic conditions.
Econet slows down as Zim economy stagnates
The telcos' revenues increased marginally by 4.2% to $392.3 million.