Netone on the rise: Increased Base Stations
With the rush to offer the growing need for mobile internet connectivity in Zimbabwe, Netone embarked on a journey in 2017 with a bid to broaden network connectivity in the rural Zimbabwe.
Government in 2017 opened a channel between Netone and China Exim Bank were the former CEO signed a $71 million loan deal with the latter. The loan was earmarked to be used within a period of 100 days. According to the latest Q2:18, Potraz’ report Netone had constructed to date an overall of 77 base stations which is short of the targeted 250 base stations for the rural areas.
The overall additional 77 base stations where on 2G, 3G and LTE. Of the 77 added base stations 1 was on 2G, 72 on 3G and 4 on LTE. According to the report Potraz noted that, “Rural Areas continue to lag behind in terms of deployment of telecommunication service infrastructure.”
Overally in the sector, looking at rural area’s population coverage, 2G recorded the biggest coverage of 74,0%, 3G was at 66.4% while LTE closed the quarter at 1.8%.
“More still needs to be done to improve rural connectivity” noted Potraz.
In the period under review Netone’s base station market share surged by 2.83% from 2,719 recorded in the first quarter to 2796 in the 2nd quarter 2018.
Netone recorded a 10.1% growth in active mobile subscribers to 2.9 million mainly buoyed by One money and the One fusion promotion.
In 2017, state owned Mobile Network Operators made a Net Addition on mobile base stations of 111.