TELECEL Zimbabwe (Telecel) has been placed under voluntary corporate rescue to rehabilitate its operations, burdened by debts and lawsuits, following a resolution by the board at a recent meeting.Advertisements The telecommunications firm has experienced a decline in fortunes in recent years due to lack of investment in infrastructure upgrades, leading to substantial losses in market…
Telecel enters voluntary business rescue
Telecel has experienced a decline in fortunes in recent years due to lack of investment in infrastructure upgrades, leading to substantial losses in market share.