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
The NICTBB backbone already covers 78% of Tanzania and receives 73 billion TZS (≈ USD 30 million) for its next expansion phase. Tanzania is...
Mauritania and the United States initiated talks in Nouakchott to strengthen cooperation in digital infrastructure, e-commerce and...
Uses small language models suited for low-data, low-connectivity settings Aims to localize AI for East Africa and close language access gap...
5G to support smart services as data demand and usage rise High deployment costs pose challenge to nationwide 5G rollout Airtel Malawi began...
Most Read
01

China says Premier Li Qiang will attend instead of President Xi Jinping The U.S. and Russia also ...

South Africa Loses More Support as Xi Jinping Also Skips the G20 Summit
02

DRC minister visited Huawei China center to boost AI training cooperation Talks focused on launch...

DRC, Eyeing AI for Farms and Mines, Seeks to Launch Academy with China’s Huawei
03

Powered exclusively by Rolls-Royce Trent 7000, delivering 14 % lower fuel burn per seat and f...

Airbus Delivers First of Ten Rolls-Royce Trent 7000-Powered A330-900neo to Air Algérie
04

Nigeria’s NIP ranks among the world’s largest real-time payment platforms, underscoring its centra...

Africa’s Real-Time Payments Acceleration Signals a New Era of Competition and Integration
05

After two years of limited testing, WhatsApp will soon let users and businesses hide their phone num...

WhatsApp to Launch Usernames in 2026, Changing How Customers Reach Businesses
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.