LTE use jumps in Zimbabwe

20 Jan 2016

The latest quarterly report from the Post and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ) shows that the country has seen a surge in interest in 4G LTE technology thanks to the continuing network rollouts by mobile operators NetOne and Econet. There were 26,185 LTE users in Zimbabwe at the end of September 2015, up from just 474 three months before. The wider mobile market saw the active subscriber total rise from 11.95 million to 12.39 million over the same three-month period, with market leader Econet claiming 6.68 million users, up from 6.63 million at end-June, NetOne taking second place with 3.80 million (up from 3.38 million), and Telecel witnessing a slight fall, from 1.94 million to 1.91 million. Meanwhile, the number of mobile money customers in the country rose from 6.23 million at 30 June 2015 to 6.67 million three months later, though the total value of deposits fell by 10.5% to USD458 million due to the tough economic situation.