STATE-owned mobile network operator, NetOne, anticipates its revenue to more than double from $5,9 billion in 2020 following a major upgrade to its network.
NetOne is undertaking the US$71 million China Exim Bank-funded project to modernise its broadband infrastructure in partnership with Huawei.
“We have …witnessed significant revenue growth and are targeting $16 billion for the year 2021 up from $5,9 billion in 2020…with the implementation of Phase III of the national mobile broadband project, we are set for exponential growth,” NetOne acting board chairperson Susan Mutangadura said at the launch of the project this week.
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