Zimbabwe: Econet Revenue Slumps 6,5pc

3 December 2020

Zimbabwe's biggest telecommunications company, Econet Wireless said on Tuesday it recorded a 6,5 percent decline in revenue to $10,1 billion for the half-year ended August 2020, compared to the same period last year as consumers battled declining disposable incomes on the back of the Covid-19 outbreak.

Group chairman, Dr James Myer said the telco had to offer specials to subscribers to boost traffic on its network.

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