Categories: Stories

Econet signs five-year expansion deal

Zimbabwe’s telecoms giant, Econet Wireless has signed a five-year deal with Swedish communications giant, Ericsson to supply services for its network upgrade programme which is expected to improve connectivity.

Last November the company said it planned to invest $180 million in capital projects while its investment in the country to date topped $1.2 billion, making Econet the largest infrastructure financier in a country struggling to attract Foreign Direct Investment.

Today, Ericson said it had been selected as the sole supplier of Econet’s core network and radio access network (RAN) which would enable its customers to access “faster and reliable services.”

The deal would see the companies working together to simplify and upgrade the existing 2G, 3G,4G and LTE networks, “future proofing it for the rapid mobile expansion in the country,” it said in a statement.

Econet’s group chief technical officer, Bernard Fernandes said: “We have chosen our trusted long-term partner Ericsson to accompany us on this journey and look forward to the ability to launch new products and quality services to our customers.”

The new scope will rationalise and upgrade the core network as well as introduce the latest Ericsson network architecture. The agreement includes provision of a mobile switching centre and media gateway.

“It also includes close integration between policy and charging functions, which will enable Econet to reduce time-to-market for new offerings and increased personalization capabilities,” said Ericsson.

In Harare, which currently carries more than half of all traffic on the network, the project will also upgrade the (RAN) to include Ericsson’s multi-standard RBS 6000 family of base stations for macro and small cell networks.

Ericsson Zimbabwe country manager, Pieter Goosen said the project would give Econet “one of the most advanced core networks on the continent, providing them far more capacity to manage and scale their network.”- The Source

(263 VIEWS)

This post was last modified on November 24, 2014 8:08 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

Reserve Bank of Zimbabwe expects more foreign currency sellers to join the interbank market

The gazetting into law of the payment of quarterly taxes on a 50-50 basis in…

December 4, 2024

Zimbabwe 2025 citizens’ budget

Zimbabwe has today unveiled a ZiG276.4 billion budget for 2025 during which it expects the…

November 28, 2024

To go or not to go- Mnangagwa in a quandary

Zimbabwe President Emmerson Mnangagwa has repeatedly stated that he is not going to contest a…

November 25, 2024

ZiG loses steam, falls against US dollar for five consecutive days

The Zimbabwe Gold fell against the United States dollar for five consecutive days from Monday…

November 22, 2024

Indian think tank says Starlink is a wolf in sheep’s clothing

An Indian think tank has described Starlink, a satellite internet service provider which recently entered…

November 18, 2024

ZiG firms against US dollar for 10 days running but people still do not have confidence in the currency

Zimbabwe’s new currency, the Zimbabwe Gold (ZiG), firmed against the United States dollars for 10…

November 16, 2024