Category: Telecoms

NetOne positive on TelOne merger

Despite its loss-making position, fixed telecommunications firm TelOne will not weigh down on mobile telecommunications operator NetOne’s profitability as a merger between the two firms nears. Both entities are State-owned,… Read more »

NetOne posts US$10m profit

State-owned mobile telecommunications firm, NetOne, recorded a US$10,2 million profit for the year ended December 31, 2018, a massive turnaround from a US$77 million loss position previously. Revenue for the… Read more »