Econet Wireless is still completely dominating Zimbabwe's mobile sector. The latest regulator numbers show they added more customers, hitting over twelve million active subscriptions. Their main competitor, NetOne, also grew a bit to about four million, but the third player, Telecel, actually lost subscribers, dropping to just over three hundred thousand. The total mobile penetration rate across the country now sits above one hundred percent.
When it comes to actual usage, Econet's grip is even tighter. They controlled nearly eighty-seven percent of all voice call traffic. The total minutes everyone talked jumped by over ten percent. Data usage saw a huge spike too, climbing more than ten percent overall. Econet commanded over eighty-two percent of that data market. The report pointed to more 5G towers going up as a reason for the data surge, noting everyone is using more data-heavy apps.
Financially, the sector's total revenue went up. But operating costs for the companies shot up way faster, increasing almost twenty percent. Meanwhile, their spending on new infrastructure and equipment, the capital expenditure, totally cratered. It fell by sixty-seven percent from the prior quarter.
When it comes to actual usage, Econet's grip is even tighter. They controlled nearly eighty-seven percent of all voice call traffic. The total minutes everyone talked jumped by over ten percent. Data usage saw a huge spike too, climbing more than ten percent overall. Econet commanded over eighty-two percent of that data market. The report pointed to more 5G towers going up as a reason for the data surge, noting everyone is using more data-heavy apps.
Financially, the sector's total revenue went up. But operating costs for the companies shot up way faster, increasing almost twenty percent. Meanwhile, their spending on new infrastructure and equipment, the capital expenditure, totally cratered. It fell by sixty-seven percent from the prior quarter.
