espite the current challenges, is designed to meet the unsatisfied demand for its services countrywide.
Econet spokesperson Sure Kamhunga said: “This expansion will be even bigger than the current upgrade, which is nearing completion. “Econet started to upgrade its capacity from the then 500 000 to 800 000 subscribers using a US$20 million loan obtained from the Cairo-based African Import Export Bank,” Kamhunga said.
15.2.2007
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Econet gets US$20 million loan
HARARE - ECONET Wireless Limited, has secured foreign currency to embark on another multi-million-dollar project to further expand its network from the current 800 000 to 1,3 million subscribers by the end of August this year. The expansion, a sign of confidence by the company in the economy d