Zimbabwe Cuts Mobile Data Tariffs by 60%


Zimbabwe’s Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ) said on Thursday it had cut the price of mobile data by 60 per cent with effect from July.

The telecoms regulator said in Harare that it would now review charges annually.

The agency said mobile data would cost five cents per megabyte, down from 12.5 cents, exclusive of taxes effective July 1.

“The authority took into account the prevailing economic environment as well as the competing needs of ensuring operator viability and service affordability for the consumers,” it said.

POTRAZ said charges by Internet service providers would be determined by the market but imposed a 50 per cent cut in the cost of calls between local telecoms companies.

Lower prices will likely increase the country’s Internet penetration rate, which the country’s regulator says stood at 50.8 per cent last December, as more subscribers find it cheaper to access the Internet.

Data showed Internet traffic doubled between January and December last year, but the price reduction could eat into data revenue for Econet Wireless, the country’s largest operator.

Econet, which accounted for 65 per cent of the data market share as of December 2017, did not immediately respond when reached for comment.

In the full year to end-February, Econet said its data revenue rose to 18 per cent to 145 million dollars after adding more subscribers. (Reuters/NAN)

 

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Posted by on 21/06/2018. Filed under Development, News. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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