TeleAccess struggles to appease regulator

3 Oct 2003

Zimbabwe’s second national operator TeleAccess Global Corporation is set on a collision course with the country’s regulator, the Post and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ), having failed to meet its 1 June launch date. The operator claims its commercial operations have been delayed because of currency constraints, which have meant that it has had difficulty procuring the necessary network equipment. POTRAZ, however is reportedly becoming increasingly impatient with the telco’s procrastination. TeleAccess won the right to compete with fixed line incumbent TelOne in January 2003, paying USD100 million for its licence. According to the terms of its concession, TeleAccess is required to connect around 60,000 lines in its first year of operation.