Articles
Zimbabwean mobile operators continue to lose revenue because of unrealistic international tariff rates.
Zimbabwean cellular providers are pushing for an increase in call tariffs.
The Nigerian High Court will review a decision to approve V-Mobile's acquisition of Celtel.
Econet will remain a SA-based company, says a spokesman.
The Nigerian high court has set the date to hear the Econet Wireless Group`s arguments against the sale of a majority stake of V-Mobile to Celtel.
Econet`s bid to up its stake in V-Mobile has hit a snag, with accusations that V-Mobile shareholders and Celtel are colluding to prevent the deal.
Econet Wireless has acquired a 60% stake in Telekom Networks Malawi as part of its expansion drive in Africa.
Econet has paid Altech US$87.5 million for its 50% stake in their joint venture company.
Articles About Econet (12)
The business advised shareholders on Tuesday to continue exercising caution while dealing with the company's securities until a circular on delisting is published.
The industrial centre will be built on 300 hectares of land near Harare International Airport and will be powered by a 100 megawatt solar plant.
The telco has begun to assess several corporate measures aimed at increasing shareholder value, boosting access to funding, and strengthening the company's long-term competitiveness.