Telecom

Zimbabwe’s Telecel taken to court over $749,900 debt

Zimbabwe’s Telecel taken to court over $749,900 debt
Friday, 29 November 2019 16:17

Zimbabwe’s third-largest mobile operator by subscribers, Telecel Zimbabwe, has been taken to the High Court by Egyptian ARPU Telecommunications Services S.A.E Limited over a $749,900 debt.

The plaintiff says the debt is the result of several unpaid invoices inherent in a partnership it signed with ARPU on August 1, 2016, for the provision of technical and infrastructure support enabling the operator to offer its customers value-added services in the fields of sports, religion, information, and entertainment.

The two partners had agreed that a monthly report would be prepared to determine the volume of traffic generated by each service and the subscription fees paid by users. Based on these data, Telecel would pay the Egyptian company 30% of the total subscription fees collected. But Telecel did not respect its commitments.

ARPU Telecommunications Services now requests the Court to order Telecel to pay it, in addition to the $749,900, representing the total amount of the accumulated invoices, damages calculated from the date of the claim to the date of full payment.

On the same topic
EFCC and NASRDA sign cooperation deal on space-based surveillance Satellite tools to support investigations and asset tracing Illegal mining...
Rwanda held strategic discussions on cybersecurity, AI computing infrastructure, and digital sovereignty at the 2026 World Economic Forum. The...
Econet Wireless Zimbabwe placed artificial intelligence and machine learning at the core of its operating model. The company aimed to reduce costs,...
Egypt reinstates customs duties on foreign phones from Jan. 21, 2026 Egyptians abroad get 90-day exemption; tourists use foreign or tourist...
Most Read
01

Togolese banks provided 16.2% of WAEMU cross-border credit by September 2025 Regional cross...

Togo accounts for 16.2% of cross-border bank financing in WAEMU
02

Microfinance deposits in Togo increased by CFA11.9 billion, a 2.7% rise in the second quarter of 2...

Microfinance: Deposits in Togo Rise 2.7% in Second Quarter of 2025
03

Nigerian fintech Paystack launches Paystack Microfinance Bank Bank created after acquiring ...

Stripe-Owned Paystack Enters Nigerian Microfinance Banking Via Acquisition
04

Nigeria granted Amazon Kuiper a seven-year license starting February 2026 The move opens comp...

Amazon wins approval to enter Nigeria’s satellite internet market
05

Tether partnered with the United Nations Office on Drugs and Crime to strengthen digital asset cyb...

Tether and UNODC Launch Digital Asset Cybersecurity Initiative in 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.