In 2015, the Zimbabwean telecom regulator laid the groundwork for a legal framework allowing mobile virtual network operators to enter the local market. Several companies have expressed interest in the segment but none of the attempts has been successful so far.
The Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ) recently announced it granted the country’s first mobile virtual network operator (MVNO) license to Dolphin Telecoms. The operator is expected to start commercial operations, later this year, using excess capacity in the infrastructure of existing mobile network operators (MNOs).
Dolphin Telecoms explains it has already signed an agreement with one of the three mobile network operators and invested US$15 million to prepare for its launch. "We are at an advanced stage of implementing our core network systems. We are concluding a few things and are certainly very close to opening our doors,” said Nyasha Charumbira, managing director of Dolphin Telecoms.
In 2015, POTRAZ started updating its national telecom licensing system to allow mobile virtual network operators in the market. Many companies, like Viva Mobile, expressed interest at the time but none of their attempts was successful.
Dolphin Telecoms intends to revolutionize the industry with the introduction of highly customizable telecom and mobile financial services. Its advent will bring more competition in the Zimbabwean telecom market, which is currently dominated by Econet, NetOne, and Telecel. The three operators control 65.2%, 31.5%, and 3.3% of the market respectively, according to the latest data published by the regulator.
Isaac K. Kassouwi
Military escalation between Iran, Israel, and the United States has raised the risk of disruptions...
Ethio Telecom has signed a new agreement with Ericsson to expand and modernize its telecom netwo...
Central Bank of Nigeria said 20 commercial banks have met new minimum capital requirements, with...
Senegal launches 200 billion CFA bond in UEMOA Proceeds to fund 2026 budget, transformation agend...
The BCEAO cut its main policy rate by 25 basis points to 3.00%, effective March 16. Inflation...
Palm oil futures in Malaysia surged 9%, their biggest one-day gain in three years. The spike follows rising oil prices after escalating tensions in the...
FCMB Group has raised capital to meet the Central Bank of Nigeria’s new requirements. The recapitalization combined a public share offer and a partial...
IFC plans a guarantee facility of up to $50 million for Nairobi-based reinsurer ZEP-RE. The mechanism aims to strengthen the company’s credit...
Côte d’Ivoire has signed an agreement with the National Investment Bank to support diaspora-led projects. The deal includes tailored banking products,...
Located about forty kilometers east of Lomé along the Gulf of Guinea, Aného is one of the most historically significant towns in Togo. Nestled between a...
African-born artists generated $77.2 million in auction sales in 2024, down 31.9% year-on-year. Women artists accounted for about $22...