Bloomberg News

Orascom Telecom Zimbabwee Unit Plans to Boost Subscribers by 56%

February 02, 2012

Feb. 2 (Bloomberg) -- Telecel Zimbabwe, a unit of Orascom Telecom Holdings SAE, plans to boost subscribers by 56 percent to 2.5 million this year, Managing Director John Swain said.

Orascom Telecom may invest $70 million to rebrand the company and set up 300 base stations across the southern African nation, Swain told reporters today in Harare, the capital.

Telecel is Zimbabwe’s second-biggest mobile-phone operator.

To contact the reporter on this story: Godfrey Marawanyika in Johannesburg at gmarawanyika@bloomberg.net

To contact the editor responsible for this story: Gordon Bell at gbell16@bloomberg.net


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