TelOne recovers $40mln debt

BULAWAYO, June 2 ( The Source) — State-owned telecoms operator, TelOne, says it has recovered $40 million from debtors in the first four months of the year. “We have recovered around $40 million. But it’s not nearly enough considering that we are being owed more… Read More

Telecel Zimbabwe seeks $200mln reboot

HARARE, May 18 (The Source) – Zimbabwe’s smallest mobile network operator, Telecel  is in discussions with investors over a $200 million loan seen as crucial to reviving its operations. Telecel has 1,8 million active subscribers out of its 4,6 million total customers according to the… Read More