TelOne’s revenues decline to $59 million in first half of 2016, operator intensifies cost cutting measures

By Nigel Gambanga

TelOne, Zimbabwe’s state-owned fixed telecoms service provider recorded revenues of $59 million during the first six months of 2016, which was a decline from the $69.2 million recorded over the same period of 2015. According to the Source, the operator’s first-half earnings before interest, taxes, depreciation and amortization (EBITDA) came to $7m, which was a 2% […]

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TelOne’s revenues decline to $59 million in first half of 2016, operator intensifies cost cutting measures

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