The total number of subscribers in Zimbabwe’s telecommunication sector grew by 2.6 percent to 11.4 million in the third quarter of 2014 from 11.1 million in 2013. This is according to the Postal and Telecommunication Regulatory Authority of Zimbabwe (Potraz).
The authority stated, in its latest report, that Econet maintained its pole position, recording a 2.1 percent growth to 6.5 million active subscribers. Its total number of subscribers was 8.9 million.
The authority also revealed that NetOne had recorded a 13.8 percent increase to 2.7 million subscribers from 2.4 million over the same period in 2013. Its total number of subscribers was 4.3 million subscribers. Telecel recorded a decrease of 7.4 percent to 2.2 million active subscribers from 2.4 million in 2013. Telecel had a total of 4.8 million subscribers.
The authority stated that: “Due to the decline in active subscriptions, Telecel’s market share fell to 19.5 percent from 21.6 percent in the second quarter of 2014. As a result, Telecel had the smallest market share in the third quarter.”
According to the Zimbabwe Daily, Prepaid subscriptions constituted 97,5% of total active subscriptions. Telecel was the only mobile operator to register a decline in active subscriptions whereas NetOne registered the largest growth in active subscriptions to 13,8%. Telecel active subscription has shown a declining trend.
Subscribers using mobile money transfer services rose by 16,3 percent to reach 4.9 million from 4.2 million in the previous quarter. The total value of transfers and transactions on mobile money services increased by 35,8 percent to 3,2 million from 6,8 million recorded in the previous quarter.
In addition to this, the Internet penetration rate increased by 0.5 percent to reach 47.5 percent from 47 percent recorded in the previous quarter.