ZIMBABWE’S largest cellular mobile company, Econet Wireless is now offering a comprehensive per-second billing system that applies across networks and on international calls. [...]
Econet Zim secures US$60 million for network expansion
ZIMBABWE’S leading cellular mobile company, Econet Wireless has secured a $60 million (about R444 million) loan from the Swedish export credit agency (EKN) to upgrade its network.
Econet Wireless Zimbabwe’s chief executive officer, Douglas Mboweni, said the $60 million facility was the largest ever that a European bank has approved for a Zimbabwean company since the [...]
Econet Wireless enters UK market
ZIMBABWE’S top cellular mobile company- Econet Wireless Group has become the first foreign operator to enter the United Kingdom (UK)’s communication market.
ECONET Wireless Group with operations in East, South and West Africa has defied all odds to become Africa’s first mobile cellular company to enter international mobile communications business.
Econet Wireless Corporate Communications Manager, Rangarirai Mberi, [...]
Econet Wireless releases $10million to shareholders
ZIMBABWE’S leading cellular operator, Econet Wireless, has released R74 million (US$10 million) in dividend payments to its shareholders for year ended February 2010.
Announcing the development on Wednesday, Econet Wireless finance director, Kris Chirairo, said the payout would provide relief to thousands of pensioners who were on pension funds invested in Econet.
Econet is listed on the [...]
ECONET shies away from politics
The management of Econet wireless has issued a statement warning the MDC political party to stop using its network for party politicking.
Morgan Tsvangirai’s MDC-T recently launched a daily mobile audio service that informs it party members and the general public of its activities.
The audio service allows individuals to use a short-code to get updates on [...]
Ericsson and Econet sign expansion deal in Zimbabwe
Ericsson and Econet have solidified their relationship with a major expansion deal in Zimbabwe. Under the terms of the agreement, Ericsson will be responsible for the expansion of the Core and Access (2G and 3G) networks as well as key business support system delivery. Ericsson will expand Econet’s existing network, which to date has approximately [...]
Econet Wireless relaunches roaming package
ZIMBABWE’S leading mobile operator, Econet has relaunched its premier prepaid package, Buddie international roaming, an official told our reporters today (Thursday).
Apart from doing so in Zimbabwe, Econet is reported to have already sealed roaming agreements with Cell-C of South Africa, Mascom of Botswana, Zain Zambia and Mozambique’s M-Cell in a bid to improve its roaming [...]
Ecoweb brings 4G technology to Zimbabwe
Econet wireless, through its subsidiary Ecoweb, has launched a 4G WiMAX network aimed at boosting internet access and services in the country.
Ecoweb country’s general manager, Isaac Chaza, said the technology was suitable for use as backhaul for mobile networks.
“WiMAX puts Zimbabwe at par with the first-world countries in terms of telecommunications infrastructure”, said Chaza.
He said [...]
Econet posts massive growth
Zimbabwe’s largest mobile cellular company, Econet Wireless has recorded US$113 million (about R836.2million) after-tax profit for the year-end February.
Econet Wireless’ share price rose from US40c this week to US539, 99c at the Zimbabwe Stock Exchange (ZSE).
The positive development comes at a time Econet Wireless’ subscriber base has leap-frogged from slightly above one million to an [...]
Econet offers free calls for disadvantaged Zimbabweans
Zimbabwe’s carrier Econet Wireless has launched a free mobile service aimed at reaching the country’s disadvantaged communities.
The free service, running under Econet’s YourFone brand, will operate in poor areas of the country, enabling communities to use phones placed in strategic locations to call their peers who own Econet mobile phones.
“The service will be made widely [...]