TELEACCESS GETS GO-AHEAD TO BECOME ZIMBABWE’S SECOND FIXED LINE OPERATOR

Telecoms

The Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) and TeleAccess last week signed an agreement that ushered a second fixed telephone network provider on the market. The regulating body’s director general Dr Cuthbert Chidoori represented Potraz, while TeleAccess was represented by its chief executive Mr Daniel Shumba.

TeleAccess was granted a licence with a 20-year lease following the slashing of the required licence fee from US$320 million, which was considered to be prohibitive to US$100 million after consultation among stakeholders.The fixed telephone provider has already successfully negotiated to have the payments to be made in local currency staggered over a period of time.

The Herald via AllAfrica.com