Telecel courts new investors

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.

TELECEL Zimbabwe has invited interested investors to bid for a stake in the company as it seeks fresh capital injection to bolster operations and return to profitability. The country’s third-largest mobile network operator went into corporate rescue in October 2025 due to unsustainable debts. Prospective investors have until April 28, 2026, to place their bids,…

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