Agence Ecofin TikTok Agence Ecofin Youtube Agence WhatsApp

Telecom

Zimbabwe: NetOne selects Huawei to upgrade its telecom network

Wednesday, 03 March 2021 13:03
Zimbabwe: NetOne selects Huawei to upgrade its telecom network

(Ecofin Agency) - NetOne, the mobile branch of Zimbabwean incumbent telecom operator TelOne, has selected Chinese technology company Huawei to carry out the modernization of its telecom network. The operation, which is part of the strategic cooperation between the two countries, is financed up to $400,000 by China.

This is phase 2 of NetOne's network modernization operation, which aims to improve broadband access throughout the country. ‘The successful implementation of this project will drive the development of related industries, improve Zimbabwe’s digitalization and modernization, and provide an efficient and convenient service platform for investors,” said Huawei executive Jiang Jiaqi

The financial and technological support that Huawei will provide to NetOne reflects a calming of the once tense relations between China and Zimbabwe over NetOne. In October, China indefinitely suspended funding for the operator's $71 million expansion project after the Zimbabwean government seized the investment capital, deposited it in an escrow account, to obtain foreign exchange.

NetOne's network upgrade will help provide more Zimbabweans with broadband access, which is critical to the digital transformation that the government is determined to accelerate this year. Zimbabwe wants to improve its weak digital readiness.

Muriel Edjo



 
Finance


 
Mining


 
Public Management


Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

Benjamin FLAUX
bf@agenceecofin.com 
Téls: +41 22 301 96 11 
Mob: +41 78 699 13 72
Média kit : Download

EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

Please publish modules in offcanvas position.