Categories: Stories

Chinese telecoms firm ZTE considering setting up fibre business base in Harare

Chinese telecoms giant ZTE says it intends to expand its footprint in Zimbabwe’s information technology and communication (ICT) sector with plans to invest in 4G and 5G technology.

ZTE chief operating officer Huang Dabin told journalists today that the company was considering setting up base in Harare for its fibre business.

“We see many opportunities here and we understand that there may be challenges now but we think they are short-term issues…We believe with the effort of both sides we can find solutions going forward,” said Dabin.

“There are new opportunities in high power optical fibre and we think that the ICT industry has new opportunities in 4G and 5G technology. So in all these areas we think that it is a billion of dollars worth of opportunity.

ZTE is already working with state owned fixed line operator,Telone, to expand the country’s backbone fibre network.

The company is also a key supplier to mobile network operators Telecel and Econet. –The Source

(81 VIEWS)

Don't be shellfish... Please SHARE
Google
Twitter
Facebook
Linkedin
Email
Print

This post was last modified on November 1, 2017 8:33 pm

Charles Rukuni

The Insider is a political and business bulletin about Zimbabwe, edited by Charles Rukuni. Founded in 1990, it was a printed 12-page subscription only newsletter until 2003 when Zimbabwe's hyper-inflation made it impossible to continue printing.

Recent Posts

Top 20 countries in debt to China- Zimbabwe is not one of them

Ten African countries are amongst the biggest debtors to China, but Zimbabwe is not among…

May 1, 2024

Is Zimbabwe now on the right track?

The Reserve Bank of Zimbabwe’s Monetary Policy Committee, which met on Friday last week, says…

April 30, 2024

Watch: RBZ governor warns those selling ZiG at 20:1 could be buying it at 10:1 in June

Zimbabwe’s new currency further weakened to 13.4407 to the United States dollar today down from…

April 29, 2024

US loses its place as most influential power in Africa to China

The United States lost its place as the most influential global power in Africa last…

April 27, 2024

Zimbabwe central bank chief says street forex dealers cannot destabilise the ZiG

The Reserve Bank of Zimbabwe governor John Mushayavanhu says street money changers who cash in…

April 26, 2024

Zimbabwe International Trade Fair plans to turn exhibition centre into commercial complex

The Zimbabwe International Trade Fair (ZITF) has announced an ambitious long-term plan to turn the…

April 25, 2024