State Owned mobile telephone network operator NetOne's former agent Zelco Cellular (Pvt) Ltd has resolved to go for voluntary liquidation after succumbing to a myriad of operational challenges.
According to a November 30 Government Gazette, the Zelco board of directors made a special resolution to liquidate the company after considering that it was no longer trading owing to working capital constraints and because there were no prospects of the shareholder injecting further funding.
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