Zimbabwean Telcos Declare a Record Time Income

Dec 21, 2019 · 1m 59s
Zimbabwean Telcos Declare a Record Time Income
Description

Combined revenues for the country's three mobile telecommunications companies rose by 121 percent from $375 million to record $828,8 million as upward adjustments in tariffs shielded the sector from inflationary...

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Combined revenues for the country's three mobile telecommunications companies rose by 121 percent from $375 million to record $828,8 million as upward adjustments in tariffs shielded the sector from inflationary pressures.
This was revealed in the latest Postal and Telecommunications Regulatory Authority (Potraz)'s sector report for the third quarter.
Earlier in the year, Potraz took the decision to move away from a fixed model for determining various tariffs for telecommunications operators to a flexible model.
Potraz director-general, Dr. Gift Machengete has said despite the upward tariff adjustments, mobile telecommunication services remain affordable.
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Author Africa Business Radio
Organization Africa Business Radio
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