Zimbabwe’s mobile network operators’ revenue in the first quarter of 2017 was 9, 7 percent lower to generate $179, 8 million compared to $199, 2 million in the previous period.
Presenting the first quarter results for this year, the Postal and Telecommunications Regulatory Authority of Zimbabwe said operating costs in the sector also increased.
“Total mobile revenues declined by 9.7% to record $179,827,527 from $199,209,707 recorded in the previous quarter. On the other hand, operating costs increased by 5.7% to record $135,942,367 from $128,627,068 recorded in the previous quarter,” said Potraz.
While it appears to the naked eye that data services are contributing much to mobile network operators, in reality, Potraz said, voice calls remain a major revenue stream.
“Voice service is still the major revenue contributor contributing 58.9%. The revenue contribution of data and internet services is improving after having contributed 21.5% in the quarter under review, up from 20.2% recorded in the previous quarter,” added the regulator.
The Average Revenue per User per Month for the mobile operators declined by 13.1% to record $3.98 from $4.50 recorded in the fourth quarter of 2016. On the other hand, the Average Cost per User per Month increased by 3.7% to record $3.07 up from $2.96 recorded in the previous quarter. As a result the Average Margin per User per Month declined by 40.9% to record $0.91 from $1.54 recorded in the fourth quarter of 2016.
MNOs investments plunged by 85 percent in the period under review. tors
“Investments by the mobile operators declined by 85, 4 percent to record $10 461 052 from $71 781 701 recorded in the previous quarter. Much of the investment was in national transmission,” said Potraz.