March 02, 2015 6:31 PM ET

Wireless Telecommunication Services

Company Overview of TeleceL Zimbabwe Pvt. Ltd.

Company Overview

TeleceL Zimbabwe Pvt., Ltd., a telecommunication company, operates a mobile network in Zimbabwe. It offers prepaid service and post paid or contract service. The company also provides various services, including money transfer, pay phone, short message service, call forwarding, call barring, call holding, call waiting, mobile data and fax services, conferencing, voicemail, and international roaming service, as well as information briefs, including news items, business and financial briefs, sports news, and lotto results. The company was founded in 1998 and is based in Harare, Zimbabwe. TeleceL Zimbabwe Pvt., Ltd. is a subsidiary of Telecel International Limited.

202 Seke Road




Founded in 1998


263 4 748321


263 4 780999

Key Executives for TeleceL Zimbabwe Pvt. Ltd.

Chief Executive Officer
Finance Director,Company Secretary and Director
Managing Director
Chief Technology Officer
Assistant Technical Director of VAS & Prepaid
Compensation as of Fiscal Year 2014.

TeleceL Zimbabwe Pvt. Ltd. Key Developments

Vimpelcom To Sell Telecel Stake

VimpelCom Ltd. (NasdaqGS:VIP) intends to sell its shareholding in TeleceL Zimbabwe Pvt. Ltd. and has since invited bids from interested investors. "VimpelCom intends to sell its stake in Telecel and they have now reached a stage where it's looking into the bids," said one source that preferred not to be identified. "The process is now at an advanced stage and the winner might be announced before month end. "The bids were opened last week, but it may take up to 15 days to go through them." The disposal of the African businesses is part of VimpelCom's strategic review of its assets.

Telecel International Denies Sale Of Stake In TeleceL Zimbabwe

Telecel International Limited and is not planning to sell its 60% stake in TeleceL Zimbabwe Pvt. Ltd. John Swaim, Chairman and Managing Director of Telecel International said, “The operator had been puzzled by recent articles in the southern African press questioning Telecel International’s ongoing commitment to its investment in Telecel Zimbabwe.” James Makamba, Chairman of TeleceL Zimbabwe said, “All the media reports last week were untrue. We are working together with Telecel International and want to grow the network. This is evidenced by the launch of Telecash. We are in the process of growing the company, have strong bonds with our partners, and believe in providing good services to the people of Zimbabwe."

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