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Zimbabwe’s state-owned fixed line telco TelOne has reported revenues of ZWL4.7 billion (USD13 million) for full year 2020, up from ZWL1.9 billion the year before, with the growth attributed to the increased demand for fixed broadband services during the COVID-19 pandemic. TechZim says that the firm registered an inflation-adjusted operating profit of ZWL532 million, with EBITDA up 2%...

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Government ministries and parastatals owe TelOne a total $680 million in unpaid telephone bills, severely choking the company’s financial standing. An update released soon after the government-owned company’s 7th annual general meeting (AGM) revealed the huge debt was affecting the smooth flow of its operations. “Government continues to top the debtors list owing $575 million...

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The smallest of Zimbabwe’s three mobile network operators (MNOs), government-backed Telecel, suffered a disastrous first three months of the year, losing more than 20% of its customer base. The struggling cellco saw user numbers drop from 727,094 at the end of 2020 to 584,104 at end-March according to figures released by industry regulator POTRAZ and published by...

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Digital inclusivity will narrow the divides between urban and rural communities and between the rich and the poor, Information, Publicity and Broadcasting Services Minister Monica Mutsvangwa said in Mutare yesterday when stressing the Government goal of seamless connectivity for every citizen. In her keynote address to the Parliamentary Portfolio Committee on Information’s workshop, Minister Mutsvangwa...

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Zimbabwe telecommunication companies saddled with legacy debt have appealed for increased foreign currency allocation to service their infrastructure. In an effort to ensure the transparent and efficient distribution of foreign currency – and determine the Zimbabwe dollar (ZWL) exchange rate, the Reserve Bank of Zimbabwe (RBZ) replaced the interbank market with weekly foreign exchange auctions...

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Vandalism of Information Communication Technology (ICT) infrastructure must be reported promptly as such destruction threatens economic transformation given the key role ICTs have taken since the outbreak of Covid-19, the Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) has said. Thieves target all equipment, but focus on stealing copper cables, generators at base stations, generator...

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TelOne Zimbabwe has deployed Tejas’ 100G/100G+ coherent DWDM solution for its network expansion. This partnership is expected to see the high-speed transmission of multiple 100G lambdas while meeting the stringent performance and reliability requirements in a cost-effective manner. CEO and MD of Tejas Networks, Sanjay Nayak says “We are delighted that TelOne has deployed our latest...

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The government of Zimbabwe owes state-owned fixed line telco TelOne ZWL945 million (USD2.61 million) which the operator claims has constrained its cash flow and operations to the extent that it is ‘facing difficulty in setting its key service providers and statutory obligations’. A report from 263 Chat says that the government debt accounted for around...