Netone Eyes 3million Subscibers, 750k on One Wallet


NetOne, is targeting to increase its subscriber base to three million people by the end of this year, Revealed The Chief Executive Officer Mr Kangai recently to TechnoMag.

 NetOne has been lagging behind its competitors, Econet and Telecel, in terms of attracting subscribers and upgrading network infrastructure due to financial constraints.

By Wilson Mtetwa

Netone which is currently settled on around2,7 million subscribers is not targeting any too ambitious growth rate probably because of the highest mobile penetration rate which is already close to the ceiling.

“We are sitting around 2.7 and 2.8 million subscribers and  targeting three million subscribers by December 2014, this is a realistic figure figure we can achieve,” he said.

Speaking on their mobile wallet service, Mr Kangai said that they are targeting atleast a major increase to 750 000 subscribers as they are currently slightly above  200 000subscribers.

He said  said products such as One Wallet, which allows customers to access crucial services including purchasing electricity units as well as provision of various data and voice services promotions, would drive subscriber growth.

“We have already put on order an additional one million Sim Cards so that we do not have any shortages.”

He said due to the envisaged growth, the company was also targeting to increase its network capacity to cater for six million subscribers by the end of the year.

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