POTRAZ orders Econet to reverse tariff cuts

21 Aug 2013

Zimbabwe’s telecoms regulator, the Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ), has ordered Econet Wireless, the country’s largest cellco in terms of subscribers, to reverse its latest price promotion ‘Buddie Zone’, which saw its call rates drop to USD0.10 per minute, Technology Zimbabwe reports. The watchdog stated in its press release: ‘Given the foregoing, we hereby direct Econet to stop the implementation of the advertised tariffs with immediate effect and no further Buddie Zone advertisements should be [published] in any media issue or released after Tuesday 20 August 2013.’POTRAZ has reportedly threatened to penalise the telco if it does not comply with the ruling.