Teleaccess launch facing further delays

8 Jul 2003

Zimbabwean telecoms operator Teleaccess, which was awarded a licence to operate the country’s second fixed line network by the Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ) in December last year, is reportedly facing further delays to its already overdue launch. The company had planned to introduce services in April and revised this to June, however the delayed launch date is now under threat after the costs for the venture spiralled due to hyperinflation and a fall in the value of the local dollar against other major currencies. The news is a blow for POTRAZ which had hoped to end the monopoly of state-owned operator TelOne and in the process alleviate part of the country’s 400,000-strong waiting list for a main line.