That telecom giant wants to chop itself up for cash. Econet Wireless Zimbabwe plans to separate its infrastructure business, claiming this will highlight asset value and sharpen spending. Group secretary Tatenda Ngowe said the move shows a focus on shareholder returns in a digital market.
The company keeps investing in network upgrades and artificial intelligence tools. These systems handle fault detection, fraud prevention, and personalized customer interactions. Over one hundred new base stations were added nationwide, including many lightweight sites for underserved communities.
A core network expansion for voice and data is finished, aimed at boosting service quality. A new automated billing platform is nearly ready for launch. Data usage jumped over fifty percent, while voice traffic grew thirty-five percent.
Their EcoCash fintech arm saw customer activity rise by twenty-eight percent. Wallet funding skyrocketed ninety-one percent, supported by a major expansion of service points. Insurance products also grew strongly, with a huge increase in short-term policyholders.
The board issued an interim dividend for shareholders during the period.
The company keeps investing in network upgrades and artificial intelligence tools. These systems handle fault detection, fraud prevention, and personalized customer interactions. Over one hundred new base stations were added nationwide, including many lightweight sites for underserved communities.
A core network expansion for voice and data is finished, aimed at boosting service quality. A new automated billing platform is nearly ready for launch. Data usage jumped over fifty percent, while voice traffic grew thirty-five percent.
Their EcoCash fintech arm saw customer activity rise by twenty-eight percent. Wallet funding skyrocketed ninety-one percent, supported by a major expansion of service points. Insurance products also grew strongly, with a huge increase in short-term policyholders.
The board issued an interim dividend for shareholders during the period.
