ZAMTEL HITS 2 MILLION ACTIVE SUBSCRIBERS

Thu, 17 Aug 2017 13:11:43 +0000

By Sandra Machima

ZAMTEL remains committed to investing in network expansion and increased capacity aimed at improving customer experience, accelerated customer acquisition and revenue growth,” the company  Chief Executive Officer Sydney Mupeta has said.

Mr Mupeta said Zamtel had continued to beat all growth barriers to sustain an impressive surge that saw the State- owned communications company break into the two million subscriber ceiling this August.

In May, Zamtel picked up its performance to record the highest month on month growth in mobile prepaid revenue of 26.1 percent, growth in mobile subscribers of 9.6 percent, growth in gross revenues of 18.6 percent and achieved a profit for the first time in 2017.

Mr Mupeta said the company had continued on the accelerated growth trajectory both in revenue and subscriber numbers coming on the back of an aggressive subscriber acquisition drive, attractive marketing and product offers as well as the impact of the revised tariffs on fixed line service.

Mr Mupeta, said Zamtel’s performance had continued to improve, recording consistent positive revenue since May due to prudent resource utilisation and exciting product offers, including the recently launched Zamtel Kwacha.

He said Zamtel has showed great potential for growth on both its fixed and mobile business segments, adding that the firm remains focused on pushing growth barriers out of the way to aggressively grow the business to turn it into a viable and profitable company before the end of the year.

“To celebrate the two million customer milestone, Zamtel is giving all its valued customers a free on-net offer of 20 MB of data 20 minutes voice and 20 SMSs to be redeemed within two weekends of the offer by dialling short code 9595.”