Zimbabwe - Mobile Infrastructure, Broadband, Operators - Statistics and Analyses
Growth in Zimbabwe's mobile market has been hampered by the poor economic climate, exacerbated by recent regulatory measures affecting tariffs and taxes. 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 near 18% fall in 2015 alone. Effective from January 2016, the regulator imposed a new raft of tariffs for calls and SMS, though it did respond to telcos' concerns by not enforcing the more dramatic cuts initially envisaged through to 2017. NetOne and Econet have both invested in LTE services. The sale of the financially troubled Telecel Zimbabwe was completed in mid-2016, with the government now owing the company through its ISP Zarnet.
Government proposes consolidation of its telecom assets and business units; regulator's plan to allow telcos to renew licences using annual payments opposed by the government; Econet expands m-commerce; regulator adjusts mobile voice tariffs effective from January 2016; Econet launches EcoCash Ta! tap and go payment system; telcos agree to the government's infrastructure sharing policy; VimpelCom 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 2016, telcos' operating and financial data for fiscal 2016, recent market developments.
Companies mentioned in this report:
TelOne; NetOne; Econet Wireless; Telecel.
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