Swedish loan expands Zimbabwe's mobile net
AFP · 11 Aug 2010, 17:54
Published: 11 Aug 2010 17:54 GMT+02:00
Econet chief executive officer Douglas Mboweni said the facility would be used to buy equipment to improve efficiency in Harare.
"Our customers in Harare are increasingly buying mobile phones, and this means we require more capacity and capability on the network," Mboweni said in a statement.
Zimbabwe's mobile phone penetration is around 40 percent, according to industry estimates, with Econet claiming four million subscribers in a nation of about 12 million people.