Econet Wireless maintains top position

Econet Wireless maintains top position
Strive Masiyiwa

Econet founder Strive Masiyiwa

ECONET Wireless Zimbabwe maintained its dominance as the country’s largest mobile telecoms firm during the third quarter of 2015, with 9,1 million subscribers, according to a report by the Postal and Telecommunications Regulatory Authority (POTRAZ).
The listed mobile phone firm has invested heavily on its network since 2009, and almost half of the combined subscribers in Zimbabwe use its network, which has been boosted by a range of products spanning from mobile money transfer services to products that facilitate payment of insurance policies.
The report said NetOne was the second largest mobile phone firm by subscribers during the period, with 5,2 million subscribers, followed by Telecel, which had 4,6 million.
In total, the country’s mobile phone firms had 19 million subscribers during the period under review, but 12,3 million of these were active, according to the POTRAZ report.
It said the country’s active mobile subscribers increased by 3,7 percent to 12 394 383 during the last quarter of 2015 from 11 949 791 the previous quarter, highlighting the growing need for mobile telecoms in the country.
This growth in mobile telecoms subscriber base inspired a significant rise in the mobile penetration rates among the country’s three mobile telecoms firms.
These are the state run NetOne and Telecel, as well as Econet Wireless Zimbabwe, the largest operator.
“The total number of active mobile subscriptions increased by 3,7 percent to reach 12 394 383 subscriptions from 11 949 791 recorded in the previous quarter. As a result the mobile penetration rate increased by 1,3 percent to reach 92,8 percent from 91,5 percent recorded in the previous quarter,” said Potraz.
The report indicated that all mobile phone firms in the country, excerpt for Telecel Zimbabwe, reported increases in the number of active subscribers.

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