The Postal and Telecommunications Regulatory Authority of Zimbabwe, Potraz has announced that Zimbabwe’s mobile subscriptions have reached an all time high after recording 12,7million mobile phone users in the third quarter of 2018 as reflected in the sector performance report released by the regulator today.
This signals a 5% increase in the mobile subscriptions rate from the 12.2million recorded in the second quarter of 2018 to the record 12.7million subscriptions realized in the third quarter of the year.
“Active mobile subscriptions as at 30September 2018 were 12,748,551. This represents a 4.9% growth from 12,152,471 recorded in the previous quarter. All the mobile networks recorded growth in active subscriptions” reads the POTRAZ report.
To contribute to the 12.7million subscriptions, market leader Econet Wireless recorded a 5% increase in its mobile phone user database while NetOne was the biggest gainer with 6.8% increase in mobile subscriptions, while Telecel recorded a paltry 0.1% increase in its mobile phone users.
As with the previous quarter, prepaid subscriptions constituted 98% of total subscriptions. This had a direct positive contribution to the mobile penetration rate which increased by 4.2% to reach 91.9% from 87.7% recorded in the second quarter of 2018.