ZOL begins fibre expansion

21 Sep 2015

Zimbabwean internet service provider ZOL, which is a subsidiary of Econet-owned Liquid Telecoms, has unveiled plans to roll out fibre networks in a number of cities, including Bulawayo, Gweru and Mutare. ZOL says it is looking to launch a range of new voice and data plans over its fibre infrastructure, the Zimbabwe Independent reports. Earlier this year Liquid Telecoms secured a USD150 million loan from Standard Chartered Bank to fund its fibre expansion plans. Econet and its ZOL unit are the main competitors to state-owned TelOne in Zimbabwe’s broadband sector, with ZOL having already built out fibre networks in Harare and Victoria Falls.