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Econet Wireless hikes tariffs by 150pc
Perry Kaande, The Herald (Zimbabwe)
April 26, 2007

http://www.herald.co.zw/inside.aspx?sectid=18028&cat=8

MOBILE phone service provider Econet Wireless has hiked its tariffs by over 150 percent with effect from May 1 2007, barely two months after the last tariff increases.

In the latest round of increases, Econet’s Buddie customers will now have to fork out $485 per minute when calling fellow Econet Wireless subscribers. Calls by Buddie subscribers to other networks, namely NetOne, Telecel and TelOne, will be pegged at $581, $585 and $411 respectively.

The short message service (sms) has now been set at $150 for local and $500 for international, with costs reduced to $140 and $480 during off-peak periods.

International calls to fixed receivers in Group 1 will range from $851 to $889 for the different Econet packages. For making international calls to mobile phones, subscribers will be charged a rate of $1 123 (Buddie), $1 148 (Business Partna) and $1 128 (Libertie).

International Group 6 Satellite calls have gone up from between $9 330 and $9 550 to a range of $14 283 and $14 308.

The cost of accessing a Simpack has gone up from $8 000 to $12 000 with Buddie subscribers paying an extra $17 775 for 30 minutes worth of airtime.

Mobile service providers previously complained that they were having to subsidise their customers especially for regional and international calls, incurring losses in the process.

Econet Wireless recently announced that it was suspending international calls for its pre-paid customers pointing out that such calls were draing the company’s meagre foreign currency resources.

Econet said for every international outgoing call made, it incurred a foreign-denominated charge, but was working to overcome these challenges.

The Posts and Telecommunications Regulatory Authority has in the recent past thrown its weight behind the tariff increases saying the adjustments were in line with those charged by other network operators in the region.

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