Zimbabwe internet access revenues grow by 13.2%

By Staff reporter | 21 Mar 2019 at 09:37hrs
Internet
The Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) fourth-quarter F18, Internet Access Provider (IAP) quarterly revenue climbed 13.2% to 69.7 million, as active internet subscriptions grew 13.4% to reach 8.7 million, pushing the internet penetration rate up to 62.9%.

The majority of the active subscriptions are in 3G internet while Fibre and ADSL uptakes are expected to grow at the expense of WiMax subscriptions which are on the decline.

The quarter saw no major changes to the market structure as Liquid remained the largest provider with 58.5% of the market followed by Telone with 25.1%, PowerTel with 9%, Dandemutande with 4.1%, Africom with 2.3% and Telecontract with 1%.

On postal and courier services, in 2018 volumes declined by 4.1% to 7,76 million in line with the overall trend as communications increasing become electronic. Revenues for the sector declined by 13% to 35.3 million in 2018 while costs increased to $38.9 million, putting the sector at a loss for the year.

There were no major changes to the market structure as ZimPost maintain its 42.1% hold, followed by FedEx at 29.3%, DHL at 22.8%, Courier Connect at 3.2%, UPS at 0.9%, Skynet at 1% and Overnight Express at 0.7%.

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