Econet Expansion

Econet's US$300 million expansion on target


16/01/2010 00:00:00
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Vision ... Douglas Mboweni


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MOBILE phone company, Econet Wireless is set to commission 200 base stations constructed under its US$300 million network expansion program.

Econet Chief Executive Officer, Douglas Mboweni said the company would also be commissioning a fibre optic network system in all major cities as part of effort to reduce congestion on its network.

“We have built over 400 base stations, of which 200 will come on line in the next six weeks alone (and) by March Econet will begin to commission its fibre optic system in the major cities.

“This will completely eliminate one of the major causes of congestion on a network, and also upgrade the provision of data services, including 3G,”said Mboweni.

Econet said a national role out of its 3G network which is currently restricted to Harare is also on the cards.

“The current system is small and limited to the Harare area. By March, it will be fully national, and vastly improved in terms of capacity and speed. We will have a world class 3G system by the time we get to June,” Mboweni said.

The Econet chief executive added that the company had surpassed 3 million subscribers on its network on a 5.1 million capacity prepaid system.

“We are sitting on a prepaid system capacity of 5.1 million, and we are carrying just 3 million subscribers at present.” said Mboweni.

Econet is one of the top picks on the Zimbabwe Stock Exchange (ZSE) and dwarfs rival mobile phone operators, Telecel Zimbabwe and the state-owned Net-one on the local market.

The company is a subsidiary of global telecoms group Econet Wireless International which was founded by Zimbabwean entrepreneur, Strive Masiyiwa.

Meanwhile plans by the government to either completely or part-privatise Net-one could increase competition on the local market with South African giant MTN said to be eying government’s stake in the firm.
NewZimbabwe.com

2009 Christimas & 2010 New Year Messages

2009 Christimas & 2010 New Year Messages I received from people

1.Happy New year. God reveal Himself in 2010. From Charity Mukuyu, friend PAWC
2.Happy New year! May the Lord continue to watch you and your family. Thanks for your support in 2009. From Obert Masara, workmake Accountant Innscor, Bulawayo.
3.Happy Happy New year, wishing you all the best in 2010. God bless you. From Nkosilathi Nyoni, cousin, Bulawayo.
4.Congratulations… you have made it into 2010. May the year be full of joy and may your desires be fulfilled by the almighty. Sikhumbuzo Mhlanga, workmate, Innscor Bulawayo
5.Happy new year! Have a blessed & prosperous 2010 in Jesus’ Name. Blessmore, BIC Nkulumane, Bulawayo
6.Hlo, how are you and family? How did you enjoy your Christmas? Sifelani Ngwenya, friend, Plumtree
7.Thanks, may He enrich you & family in all things for the coming days. George Ben, BIC Lobengula
8.Compliments of the season, I wish you & your family a happy new year and a prosperous 2010. Warren & Family, Managing Director, Innscor Bulawayo
9.May the good Lord continue to give you wisdom & guidance in 2010, Takawira Mutumbu, Innscor Bulawayo
10.Same to you brethren, God bless. George Garufu, Innscor Bulawayo.
11.Your life has encouraged me to embrace an attitude of hard work, merry Christmas pastor and family. Thembelani Sibindi, BIC Lobengula
12.All the best man of God. Have a glorious Christmas. Lloyd, Innscor Bulawayo
13.Thanks very much sir! It means a lot to hear from you. May God’s best be all yours this festive season and 2010 too. Njongenhle Nyoni, BIC Lobengula
14.Wish you a prosperous 2010 that you move in higher dimentions, be blessed today. Douglas Ndlovu, BIC Lobengula
15.Thanks, may God bless you too. Wish you and the family the best 2010 and may God’s favor be with you forever.
16.Thanks, God’s blessings should come thy way too at Christmas. Mr Mapenzauswa, uncle, Bulawayo
17.Thank you for your Christmas message. Enjoy your day and have a blessed 2010. Pastor Gegana, BIC Lobengula
18.Sure thanks mfowethu (brother), let it be for you as well, let the spirit of joy and 2010 be your portion. Merry Christmas. Maqhawenkosi Mhlanga, BIC Lobengula
19.May the Lord bless you in all your plans for 2010. Merry Christmas and prosperous new year. Dumisani Mpabanga, Innscor Bulawayo & BIC Lobengula
20.Same to you and family Pastor. Mrs Dona Sibanda, BIC Lobengula
21.Thanks and may you grow in the love, peace & joy of God in 2010, may the manifestation of His glory overtake you. Pastor Glenn Ncube, BIC Lobengula
22.Thank you. Merry Christmas to you and family too. Mehluli Ndlovu, BIC Lobengula
23.I wish you and the whole family a merry Christmas and a prosperous 2010. Themba Khanye, BIC Lobengula
24.God wants to make you a sharper instrument (better, wiser, hotter, more mature & more effective) minister in 2010. So; 1) Open your eyes for divine links & get connected to them (Proverbs 27:17, 13:20) 2) Avail yourself to Him and let His presence sharpen you (Isaiah 41:15-16 NJV) 3) Spend more time in His extremely sharp Word & you will be sharpened! (Hebrews 4:12). Enjoy your holidays. Michael Ndlovu, cousin & BIC Lobengula
25.Hermes Cones wishes you merry Christmas. Thanks for support throughout the year. May your business flourish, most of all we wish you health & happiness. Dennis, Hermes South Africa
26.Hello! Enjoy your Christmas and may the coming year grant you all your reasonable wishes.Kissington Ncube, BIC Lobengula