April 26, 2018 10:24 AM ET

Wireless Telecommunication Services

Company Overview of Telecel Zimbabwe Pvt. Ltd.

Company Overview

Telecel Zimbabwe Pvt. Ltd. operates a mobile phone network in Zimbabwe. The company provides prepaid and postpaid services. It also offers various services, including airtime transfer, call me back, call waiting, conference calls, emergency credit, international voice bundles, SMS bundles, Telecel services short codes, roaming, missed call alerts, and financial services; Telecare, a mobile insurance; Opera mini, a mobile browser that allows users to surf the net; and handsets. The company was founded in 1998 and is based in Harare, Zimbabwe. Telecel Zimbabwe Pvt. Ltd. operates as a subsidiary of Telecel International Limited.

148 Seke Road

Granaiteside

Harare,  

Zimbabwe

Founded in 1998

Phone:

263 4 748321

Fax:

263 4 748328

Key Executives for Telecel Zimbabwe Pvt. Ltd.

Chief Executive Officer
Finance Director,Company Secretary and Director
Chief Technology Officer
Assistant Technical Director of VAS & Prepaid
Technical Director
Compensation as of Fiscal Year 2017.

Telecel Zimbabwe Pvt. Ltd. Key Developments

Zimbabwe Announces Plan To Privatize State-Owned Firms

The Zimbabwe government has announced plans to privatize some of its ‘under-performing’ state firms. Finance Minister Patrick Chinamasa told a press conference that a ‘comprehensive’ reform aimed at improving performance of the state-owned entities would result in some entities being merged, privatized, liquidated or absorbed as ministerial departments. He said four companies will be privatized including Allied Insurance Company (Pvt) Ltd. and Zimbabwe Grain Bag (Pvt) Limited. Among the entities targeted for partial privatization are Petrotrade (Private) Limited, Zimpost (Private) Limited, People's Own Savings Bank, Infrastructure Development Bank of Zimbabwe, Netone Limited, Telecel Zimbabwe Pvt. Ltd. and Tel-One Telecommunications Ltd. Struggling mines run by Zimbabwe Mining Development Corporation will also be partially privatized, as well as Willowvale Mazda Motor Industries (Pvt) Ltd., Chemplex Corporation and Zimbabwe United Passenger Company Ltd.

Telecel Mulls Acquisitions

Telecel Zimbabwe Pvt. Ltd. intends to pursue acquisitions. The company aims at growing both organically and through acquisitions to become a leading player over the African continent.

Similar Private Companies By Industry

Company Name Region
NetOne Cellular Private Limited Middle East/Africa
Zellco Cellular (Private) Limited Middle East/Africa
Econet Wireless Zimbabwe Private Limited Middle East/Africa
Telecel Zimbabwe Pvt. Ltd. Middle East/Africa

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
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