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Wireless

Zimbabwean telecom revenue falls 13% to USD 249.88 mln in Q1

Friday 12 July 2019 | 11:13 CET | News
Zimbabwe's telecommunications sector recorded a 13 percent decline in revenue to USD 249.88 million from USD 287.03 million in the fourth quarter of 2018 as costs in the sector increased, eating into income. The Postal Telecommunications Regulatory Authority of Zimbabwe (Potraz)'s 2019 first quarter reveals that costs rose by 6.4 percent to USD 185.9 million from 2018's fourth quarter of USD 174.78 million.

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Categories: Mobile & Wireless
Companies: Econet / POTRAZ
Countries: Zimbabwe
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