Analysts forecast 9% revenue decline in Econet’s results as economy & regulatory involvement take toll

By Nigel Gambanga

According to a forecast from local equities research and trading outfit IH Securities Research, Econet Wireless – which is the country’s largest mobile network operator with the largest market share – will likely face an 8.9% decline in annual revenue for the 2016-2017 financial year with revenues expected to reach US$584million.

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Analysts forecast 9% revenue decline in Econet’s results as economy & regulatory involvement take toll

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