STATE-OWNED mobile communications company NetOne recorded inflation adjusted revenue of $14,4 billion during the first half of the year, a $3,4 billion variance from a budget of $17,8 billion.
Giving a trading update at the company’s 2021 annual general meeting yesterday, NetOne acting chief executive Raphael Mushanawani said during the six months under review, the company had 4,41 million subscribers, 16 percent less than the 5,26 million target.
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NetOne said it will continue to grow its footprint in expanding ICT infrastructure critical towards attaining a prosperous and empowered upper middle-income society by 2030.
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