In a recent article attributed to Lusakatimes.com, Zamtel CEO Sydney Mupeta was quoted as saying “from 2016-2017, Zamtel recorded revenues of about K470 million to K670 million in 2017 that is above 50 % growth”. He was speaking during in an interview after the company commissioned two new communication towers in Ngabwe and Kapiri in […]
In 2009 when a novice announcement of a 75% private partner sell of Zamtel was made by then Rupiah Banda government, the general populous grew squeamish. The same sentiments have been expressed upon the announcement of a 4th mobile phone company. Recently, Angola’s Unitel (Uzi) were officially announced as the e fourth mobile player in […]
According to the Mckinsey Annual Report for 2016, on private market, there was a huge capital flow into the private equity market space of 625bn dollars into various firms globally, and assets under management also grew to 4.7trillion dollars. Subsequently the number of firms is at an all-time high and the amount of dry powder […]
The last couple of weeks have been rather exciting on the commercial scene. A few weeks ago, the identity of Bank Here was revealed (ZANACO). Last week, Airtel unveiled 4G to the mobile internet market. One would have thought that the only mobile telecommunications company listed on LuSE would end there. No, they didn’t. The […]
State-owned Telecoms Company, Zamtel, disclosed on 14th November 2017 that it intends to invest $300 million over the next three years to improve its network coverage. Few will remember that Minister of Transport and Telecommunications, Brian Mushimba, had made the announcement earlier the year regarding the multiple phased project. However, this reboot announcement comes at […]
Telecom
