Zimbabwe’s TelOne reports 3% rise in sales in 2017

Zimbabwe’s TelOne reports 3% rise in sales in 2017

Zimbabwe’s state-owned fixed line operator TelOne has reported a 3% rise in its revenues for full-year 2017 to USD117 million, driven by a 36% increase in broadband revenues to USD45 million. The operator had 87,851 broadband internet subscribers at the end of 2017, up from 80,745 a year earlier. According to a report from TechZim, the company’s voice revenue declined by 9% as a result of a 6% decrease in voice traffic.

Source: Telecompaper.com



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