Feeds

Telecel Zimbabwe to lose its licence

Has Mugabe run out of farms to grab?

The essential guide to IT transformation

The Zimbabwe government is revoking the license of one of the country's cellphone operators claiming the firm has not done enough to expand its roster of local shareholders.

The move will further restrict communications in the troubled African country.

Telecel Zimbabwe company is 60 per cent owned by Orascom Telecom, based in Egypt, with the remaining 40 per cent owned by the Empowerment Corporation, a company set up to promote indigenous ownership. The Empowerment Corporation has the right to buy another 11 per cent of Telecel, but it doesn't have the money, so Telecel remains in majority foreign ownership.

There are reports that two local businessmen have bought 11 per cent of the company, which should have resolved the problem, but the licence has still been revoked in what is seen as an attempt by Leo Mugabe (who happens to be the nephew of Zimbabwe pres Robert) to take over the firm.

The company's couple-of-hundred-thousand subscribers have no idea what's going on. They are hoping their connections might be taken on by the state-owned Net*One, if Telecel is required to switch off its network, but it's more likely they'll just be left disconnected.

With the country's electrical infrastructure failing network connections are increasingly unreliable, but with each temporary disconnection Telecel subscribers aren't sure they'll be reconnected again.

Getting a cellular connection in Zimbabwe isn't just a matter of signing a contract, so current customers are very worried they'll end up losing communications entirely.®

Secure remote control for conventional and virtual desktops

More from The Register

next story
6 Obvious Reasons Why Facebook Will Ban This Article (Thank God)
Clampdown on clickbait ... and El Reg is OK with this
So, Apple won't sell cheap kit? Prepare the iOS garden wall WRECKING BALL
It can throw the low cost race if it looks to the cloud
Time Warner Cable customers SQUEAL as US network goes offline
A rude awakening: North Americans greeted with outage drama
We need less U.S. in our WWW – Euro digital chief Steelie Neelie
EC moves to shift status quo at Internet Governance Forum
EE fails to apologise for HUGE T-Mobile outage that hit Brits on Friday
Customer: 'Please change your name to occasionally somewhere'
EE plonks 4G in UK Prime Minister's backyard
OK, his constituency. Brace yourself for EXTRA #selfies
prev story

Whitepapers

Endpoint data privacy in the cloud is easier than you think
Innovations in encryption and storage resolve issues of data privacy and key requirements for companies to look for in a solution.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Advanced data protection for your virtualized environments
Find a natural fit for optimizing protection for the often resource-constrained data protection process found in virtual environments.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.