ECONET Wireless Zimbabwe (Econet) says its share price on the Zimbabwe Stock Exchange (ZSE) is ‘grossly undervalued’- prompting the group to consider several corporate actions to unlock its intrinsic value. The country’s biggest telecommunication company by subscription is touted to hit US$1 billion in revenue by year end after it raked in ZiG13,5 billion, translating…
Econet wary of share price valuation
Econet added 103 base stations and sites, and of these, 27 are lightweight and cost-effective base stations across the country targeting developing urban areas and rural communities.