Netone Getting Closer to its 24 Month Vision

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Netone

There was an increase of 1.8 % in active mobile subscribers a growth from 12,134,455 recorded as of 31 March 2019 to 12,354,315 as of 30 June 2019. NetOne registered the biggest growth in active subscriptions as it had 6.1% Econet following with 1.3% and Telecel with the biggest fall of -4.9%.

Just like all the past reports Telecel has been declining in active subscribers giving us questions about what is happening to Telecel. In the previous report of Potraz Quarter 1, Telecel Zimbabwe came third with 1,027,445 active subscribers from 1,080,606. Telecel is losing its subscribers to Netone because Netone is growing as it is the one dominating in almost every category.

Econet and Telecel lost market share by 0.3% and 0.6%, respectively, whereas NetOne gained market share by 0.9%. Netone CEO, Lazarus Muchenje is driving the vision to push his company to achieve ‘World-class status’ in the next 24 months as he pointed out on the interview with Trevor.

Winning market shares is one of proving he knows where he is headed to because almost every quarter, in the past reports Netone has been gaining market shares while other mobile operators are losing shares.

Econet lost revenue market share by 1.1%; NetOne gained market share by 1.1% whereas Telecel`s market share remained unchanged.

NetOne gained a market share of the internet and data usage by 0.8% while, Econet and Telecel lost market share of internet and data usage by 0.5% and 0.3%, respectively. Netone is the network that is being trusted to be dependable when it comes to internet surfing.

Subscribers of Netone are always testifying on how reliable is their network, they say the internet is fast and reliable on any device, it doesn’t matter if you are using a device with 2G/3G/LTE network.

Muchenje gave us 4 strategies on how he plans to reach a ‘world-class status’, in his strategies quality network was the first strategy. Looking at things one can tell he has the best network as he said:

“if you are not using Netone network you not experiencing the best network because we are arguably the best network in Zimbabwe now.”

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