Econet Wireless Zimbabwe

Inspired to change your world.

General Information
Industries
IT, Telecom
Funding Stage
Debt Financing
Product Stage
-
Business Model
-
Company Overview
Founded
1998
Employees
2910
Location
, Zimbabwe
Website
Econet Wireless Zimbabwe - Company Details
Econet Wireless Zimbabwe is the leading provider of telecommunications services in Zimbabwe, offering mobile and fixed wireless telephony, internet access, and payment solutions. Econet Wireless launched its network in 1998 and has since become one of the largest companies on the Zimbabwe Stock Exchange. The company is continually expanding its network and technological capabilities, including being the first operator in Zimbabwe to launch data services under 3G technology. To further enhance its services, Econet Wireless has made significant investments in its infrastructure, including the development of an extensive fibre optic network. One of the notable milestones for the company was the debt financing investment it secured in 2015 from Amethis Finance, signifying the confidence of investors in the company's growth potential. Econet Wireless has also expanded its influence through key subsidiaries such as Liquid Telecom, the largest internet service provider in Zimbabwe, and Transaction Payment Solutions, a leading provider of financial transaction switching and support services. With a strong foothold in the IT and telecom industries, Econet Wireless is well-positioned to continue its dominance as a key player in the telecommunications sector in Zimbabwe with its extensive network coverage and diverse range of services.