Mandiwanzira takes a dig at Econet

Mandiwanzira takes a dig at Econet
Published: 04 August 2017 (859 Views)
Information and Communication Technology (ICT) minister Supa Mandiwanzira yesterday took a subtle dig at the country's leading telecommunications firm, Econet Zimbabwe, accusing it of exhibiting monopolistic tendencies and refusing to share its infrastructure with other players.

Addressing guests at the third Mobile Money and Digital Payments Conference in Harare, Mandiwanzira said: "I think at one point, banks made a huge noise about failing to access unstructured supplementary service data links with networks and those links were only available to a bank that is only related to that network.

"Those things are unacceptable and we have encouraged the regulator, the Postal and Telecommunications Regulatory Authority of Zimbabwe, to really stamp out these monopolistic tendencies."

Stewart Bank is a subsidiary of the Econet Group and the only bank heavily associated with the mobile telecommunications company.

Mandiwanzira has often accused Econet of refusing to share its infrastructure with its competitors Telecel and NetOne.

The ICT minister said in Kenya, the regulator penalised mobile operators in the practice of monopolising the sector.

"We have encouraged the regulator to really show its teeth because a lot of the operators are getting away with murder," he said.

"There are a lot of complaints about airtime and data disappearing without being used. If it is because consumers do not know they are leaving certain applications active and that is why they are losing, educate them. That is your responsibility."

A number of people have complained about disappearing data on Econet.

Mandiwanzira then castigated the mobile service operator for premiums charged on transferring money, where Econet's fees were again the highest.

He said government was working on increasing its shares in Telecel Zimbabwe from 60% to 100%.

This would make the government the biggest player in the mobile telecommunications sector, as they already own a 100% stake in NetOne.

Econet Wireless Zimbabwe media relations executive Fungai Mandiveyi yesterday declined to comment, referring all questions to the company's chief executive officer, Douglas Mboweni.

Last month, Mboweni was quoted stating that his company was prepared to share its fixed infrastructure on condition that competitors would foot maintenance costs on an equal basis.

- newsday

 0

You May Like These Videos

Comments

There are no comments.

Latest stories

Don't vote for Mnangagwa

by Staff reporter | 16 July 2018 | 290 Views

Govt justifies shortage of hospitals in Matebeleland

by Staff reporter | 16 July 2018 | 145 Views

Chiwenga recounts role he played in Mnangagwa's escape

by Staff reporter | 16 July 2018 | 218 Views

Concerns over Zimbabwe elections grow

by Staff reporter | 16 July 2018 | 241 Views

Zimbabwe ranked lowest on income equality

by Staff reporter | 16 July 2018 | 175 Views

Chigumba must talk to Chamisa

by Staff reporter | 16 July 2018 | 217 Views

Soldier shoots children over sex

by Staff reporter | 16 July 2018 | 231 Views

Prophet Makandiwa 'mansion' up for auction

by Staff reporter | 16 July 2018 | 257 Views

Biti, Chamisa need not cross the red line

by Staff reporter | 16 July 2018 | 193 Views

Chamisa's supporters freed

by Staff reporter | 16 July 2018 | 141 Views

Mnanganwa's Authoritarian Elections

by Dr Gus Manatsa | 16 July 2018 | 165 Views

Chigumba reminds me of Tobaiwa Mudede

by Dr. Gus Manatsa | 16 July 2018 | 165 Views

Govt realigns Air Zimbabwe, Zimbabwe Airways

by Staff reporter | 16 July 2018 | 167 Views

Chamisa's rally blessed by rain

by Staff reporter | 16 July 2018 | 241 Views

Beitbridge upgrade to speed up border efficiency

by Staff reporter | 16 July 2018 | 140 Views

Law Society wins tax exemption case

by Staff reporter | 16 July 2018 | 146 Views

Lawyer sues over SMS campaign

by Staff reporter | 16 July 2018 | 149 Views

Mugabe's planes ready to fly

by Staff reporter | 16 July 2018 | 224 Views

UK stockbroker to woo FDI to Zimbabwe

by Staff reporter | 16 July 2018 | 143 Views

MDC-Alliance threatens to expel defiant members

by Staff reporter | 16 July 2018 | 151 Views

Blair toilets banned

by Staff reporter | 16 July 2018 | 212 Views

Chamisa, prepare for defeat in a dignified manner

by Isdore Guvamombe | 16 July 2018 | 241 Views

Biti anoints himselves custodian of all Ndebele memory

by Reason Wafawarova | 16 July 2018 | 155 Views

Council threatens legal action over bills

by Staff reporter | 16 July 2018 | 124 Views

Matebeleland people should stop crying about marginalisation

by Staff reporter | 16 July 2018 | 91 Views

Zimbabwe trade deficit reaches $1,3 billion

by Staff reporter | 16 July 2018 | 121 Views

1 family, 5 dead in an accident

by Staff reporter | 16 July 2018 | 158 Views

One week no water for Bulawayo suburbs

by Staff reporter | 16 July 2018 | 112 Views

Miracle baby survives winter dumping

by Staff reporter | 16 July 2018 | 160 Views

MDC Alliance remains talk show as clock ticks

by Isdore Guvamombe | 16 July 2018 | 127 Views

4 000 school drop outs!

by Staff reporter | 16 July 2018 | 122 Views

Khupe slams parties threatening to boycott polls

by Staff reporter | 16 July 2018 | 177 Views

Postal votes remain valid, says Zec

by Staff reporter | 16 July 2018 | 107 Views

Lovers drag cops to maintenance courts

by Staff reporter | 16 July 2018 | 107 Views

Mnangagwa off to Mashonaland West

by Staff reporter | 16 July 2018 | 82 Views