Telecom

Econet Wireless Zimbabwe Accelerates 5G Rollout to Boost Digital Inclusion

Econet Wireless Zimbabwe Accelerates 5G Rollout to Boost Digital Inclusion
Thursday, 21 November 2024 12:27

The expansion of 5G in Africa is vital, aligning with global digital transformation trends and meeting the continent's increasing demand for high-speed connectivity. This development is essential to keep up with the growing need for faster internet access across the region.

Mobile network operator Econet Wireless Zimbabwe (EWZ) is intensifying its rollout of 5G technology, adding 32 new base stations in Harare and planning an additional 120 sites. This was revealed in the operator’s Unreviewed Abridged Consolidated Interim Financial Statements for the Half Year ended 31 August 2024.

The expansion aligns with the company's goal of creating "a digitally connected future that leaves no Zimbabwean behind," said EWZ Chairman James Myers. He emphasized the impact of the 5G expansion on service quality and user experience. “With this densification, the maximum user throughput has increased significantly, and the business is already realizing significant traffic growth in combined data market share, improved quality of service, and user throughputs,” he explained.

During the period, EWZ reported significant increases in both data and voice usage—up by 56% and 36%, respectively, compared to the same period last year. Data revenue now contributes 47% of total revenue, a jump from 38%, while voice revenue dropped to 41% from 49%, reflecting the growing reliance on data services.

The capital expenditure for the period, which focused primarily on modernizing the network infrastructure, accounted for 26% of revenue, compared to just 10% in the previous period. This shift highlights the growing demand for data-intensive services over traditional offerings like voice and SMS, emphasizing the need for the business to innovate and invest adequately to maintain a high-quality customer experience.

Econet's 5G expansion highlights the transformative potential of advanced mobile technologies in Zimbabwe. By boosting internet speeds, the move positions EWZ as a key player in shaping the country’s digital future.

Zimbabwe's current internet penetration rate stands at 73.3% as of 2023, reveals data from Postal & Telecommunications Abridged Sector Performance Report Fourth Quarter 2023. The rollout of 5G offers the potential to narrow this gap by enabling faster connectivity and fostering digital inclusion.

Hikmatu Bilali

On the same topic
Government targets broad digital expansion through “Chad Connection 2030” and global partnerships Country remains low in e-government and...
Telecel Faso deploys 300 new sites to expand coverage in 750 underserved areas Rollout aims to regain market share amid strong competition from...
 Gabon’s Social Affairs Ministry presented a digital platform to track social aid with greater transparency and accuracy. The system aims to...
Mauritius creates an Artificial Intelligence Unit under the Ministry of ICT and Innovation to coordinate national AI initiatives. The country ranks...
Most Read
01

Camtel to launch Blue Money in 2026, entering Cameroon’s crowded mobile money market led by MTN Mo...

Cameroon: State Owned Telecommunication Company To Enter Mobile Money Market
02

Eritrea faces some of the Horn of Africa’s deepest infrastructure and climate-resilience gaps, lim...

AfDB Re-engages Eritrea With Strategy Focused on Infrastructure, Climate Resilience and Regional Integration
03

Huaxin's $100M Balaka plant localizes clinker production, saving Malawi $50M yearly in f...

Malawi: New $100M Cement Plant Targets Forex Crisis but Faces Energy Reality
04

Nigeria seeks Boeing-Cranfield partnership to build national aircraft MRO centre Project aims t...

Nigeria Pursues Boeing, Cranfield Partnership to Establish Aircraft Maintenance Center
05

Omer-Decugis & Cie acquired 100% of Côte d’Ivoire–based Vergers du Bandama. Vergers du Band...

Omer-Decugis & Cie Expands Mango Operations in West Africa
Enter your email to receive our newsletter

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

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


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.