Econet and Ericsson launch 5G in Zimbabwe

Econet Wireless Zimbabwe (ZSE:ECO.ZW), has partnered with Ericsson (NASDAQ:ERIC) to launch 5G services in Harare, Zimbabwe, in a significant milestone for the Zimbabwe Stock Exchange-listed mobile network operator and in light of Econet’s digital transformation journey.

Ericsson will support Econet with its latest energy-efficient and high-performing Radio Access Network (RAN) and 5G Evolved Packet Core (EPC) solutions for 5G deployment in the capital Harare. The solutions will boost Econet’s capacity and user experience with significantly faster network speeds, which are up to 10 times the speed of 4G technology.

The new, superfast, fifth generation broadband technology, 5G is set to present new opportunities for Econet’s consumer and business customers by offering services such as Fixed Wireless Access (FWA) for homes, small enterprise businesses and schools, among other enterprise customers in Zimbabwe.

The technology will also broaden access to financial inclusion in Zimbabwe’s urban and rural areas.

Ericsson’s common Network Functions Virtualization Infrastructure (NFVI) platform aims to help Econet achieves a smooth migration experience from 3 and 4G networks, as the company rolls out 5G in Zimbabwe.

Econet CEO Douglas Mboweni said: “Working with Ericsson to launch 5G in Zimbabwe is an important milestone in our digital transformation journey. As we deploy the network across the country, our goal remains that of meeting and addressing our customers’ needs using the latest technology available. We are certain that Ericsson’s industry-leading and energy-efficient 5G solutions will help us achieve that goal, and significantly improve our customer experience through reliable connectivity to our subscribers.”

Todd Ashton, Vice President and Head of Ericsson South and East Africa said: “We continue to strengthen our long-term partnership with Econet by providing Ericsson’s latest technology in Zimbabwe. 5G will play a critical role in accelerating the digitalization of the economy, increase financial inclusion and stimulate next-generation innovation for consumers and enterprises in the country. With our commitment to enhancing the digital infrastructure on the continent, we look forward to accelerating Zimbabwe’s digital future together with Econet and bring the benefits to the entire continent of Africa and in line with our #AfricaInMotion campaign, which focuses on empowering a connected and sustainable Africa.”

With a partnership spanning over two decades, Ericsson remains committed to helping Econet build a robust digital infrastructure in Zimbabwe and driving digital transformation across the country.

ABOUT ECONET WIRELESS ZIMBABWE

www.econet.co.zw

Econet Wireless Zimbabwe Limited (ECO.ZW) is the largest mobile telecommunications, technology and digital company in Zimbabwe, with over 65% share of the mobile market. It is listed on the Zimbabwe Stock Exchange where it is currently the largest counter by market capitalization. Econet is the market leader in digital and mobile telecommunication services in Zimbabwe, with a subscriber base of close to 13 million connected customers.

Over the past 20 years the company has invested millions of dollars in deploying the widest and most robust 2G, 3G, 4G – and now 5G –  networks in the country, enabling it to offer exciting products and service to its 13 million connected customers.

Follow us on:

Facebook: Econet Zimbabwe 

Twitter: @econetzimbawe 

Instagram: Econet Zimbabwe 

Youtube: Econet Wireless 

LinkedIn: Econet Wireless Zimbabwe

For Media Enquiries:

Email: fungai.mandiveyi@econet.co.zw

Or Tel: +263 772 793 500