Telcos In Zimbabwe Sign Infrastructure Sharing Agreement
7 June 2019
Zimbabwe telecommunications operators Econet Wireless and NetOne, the mobile arm of TelOne, have inked a telecom infrastructure sharing deal.
The move is in alignment with the instruction given by the Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ).
NetOne plans to benefit from Econet Wireless' footprint, while Econet will use NetOne's infrastructure to extend its reach to untapped areas.
The CEO of Econet Wireless, Douglas Mboweni said that Econet considers this deal to be an appropriate arrangement and believe that it represents a massive step in the firm's mission to bring ICT services and connectivity to all Zimbabweans.
NetOne's Managing Director, Lazarus Muchenje described the deal as a very strategic one, adding that it would allow NetOne and Econet Wireless to maximise the utilisation of rare currencies by doing away with infrastructure duplication.
Combined, NetOne and Econet serve more than 90% of Zimbabwe's close to 13 million active mobile network subscribers.
Both operators have agreed to tower sharing, site-sharing parameters, back-up and commercial power supply, backhaul transmission and security rules at the shared sites.
Prior to deciding to share its infrastructure with NetOne, Econet Wireless had always said that sharing infrastructure would be an interesting and profitable idea for all, but that would be dependent on other operators investing in its Source: ITWeb