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Q3 telco revenue growth belies soaring costs, legacy debt woes

Q3 telco revenue growth belies soaring costs, legacy debt woes
herald.co.zw - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from herald.co.zw Daily Mail and Mail on Sunday newspapers.

Zimbabwe: Q3 Telco Revenue Growth Belies Soaring Costs, Legacy Debt Woes

Zimbabwe: Q3 Telco Revenue Growth Belies Soaring Costs, Legacy Debt Woes 21 December 2020 ZIMBABWE S telecommunications industry reported a surge in revenues in the third quarter of 2020, but experts warn the sector is by no means out of the wood, amid rising costs and a huge legacy debt burden. Statistics from the Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz), show mobile network operators revenues increased by 194 percent to $8,9 billion in the third quarter to September 2020, compared to $3 billion recorded in the previous quarter. However, operating costs also rose significantly to $16.2 billion in the period under review, due to inflation and foreign currency exchange losses.

Bahrain TRA sets deadline for LLU

Bahrain TRA sets deadline for LLU
itp.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from itp.net Daily Mail and Mail on Sunday newspapers.

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