Outlook grim for Zim SIM users

5 Dec 2007

Following the news that Econet Wireless had raised its mobile call tariffs by 450%, another Zimbabwean cellco, state-owned NetOne, has also massively increased its rates with immediate effect, after operating at a loss under a government price freeze. AllAfrica reports that NetOne is now charging ZWD35,000 per minute for ‘all calls’, compared to Econet’s new rate of ZWD45,000 per minute for domestic calls; Econet’s SMS messages now cost ZWD11,500 each. The increases are due to hyperinflation; according to the paper, one US dollar currently fetches around two million Zimbabwean dollars. It is not yet clear whether the country’s smallest mobile operator Telecel has increased its tariffs.