Last updated: 10 Oct 2024 Update History
Report Status: Current
Report Pages: 203
Analyst: Henry Lancaster
Zimbabwe’s telcos continue to be affected by the country’s poor economy. In recent years both Telecel and NetOne have needed to be financially rescued by the government, their principal shareholder. Revenue has also been under pressure from a number of recent regulatory measures and additional taxes imposed, while tariff hikes have been met by customer disapprovals despite the necessity of offsetting rising costs. A new currency introduced in April 2024, the ZiG, is the latest attempt to provide some stability and thus attract investment.
The three MNOs Econet Wireless, NetOne and Telecel Zimbabwe continue to expand the reach of their mobile networks, particularly with 5G and LTE infrastructure. After several false starts, the mobile market was injected with competition in the form of the country’s first licensed MVNO, Dolphin Telecom, which launched services at the end of 2022.
International bandwidth has improved since fibre links to several submarine cables were established via neighbouring countries. The expansion of LTE and 5G--based mobile broadband services has meant that most of the population has access to the internet. The government has embarked on a national broadband scheme aimed at delivering services nationally by 2030. While investment in fixed broadband infrastructure resulted in a slow but steady growth in the number of DSL connections up until 2021, since then the number of copper connections has declined while growth has been focussed in the fibre sector.
TelOne, Econet, TeleAccess, Afritell, DataOne, Powertel Communications, Telco Internet, Broadlands Networks, Aquiva, Africa Online, ComOne, Ecoweb, iWay Africa (MWEB), TelOne, NetOne, Econet Wireless, Telecel, Telecontract, Dandemutande (uMax), Afritell, Liquid Telecom, DataOne, Powertel Communications, Telco Internet, Broadlands Networks, Aquiva, Zimbabwe Online (ZOL, Liquid Home), Aptics.
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