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Zimbabwe police probes Econet for suspected money laundering

2020-07-20 09:22:00| Telecompaper Headlines

(Telecompaper) Zimbabwean police are investigating Econet Wireless for suspected money laundering, AFP reported citing a search warrant issued on 17 July. Police want Econet to disclose its customers' details and records of all transactions conducted in the first half of 2020. In June, the government suspended mobile money transactions provided by telephone operators, with services continuing for daily individual transactions but being capped for merchant transactions.

Tags: money police zimbabwe suspected

 

Econet Global mulls Ethiopian acquisition of mobile licence

2020-02-25 09:57:00| Telecompaper Headlines

(Telecompaper) Econet Global is keen to acquire a telecommunications licence in Ethiopia, which is opening up the industry to foreign investment for the first time, Bloomberg reported. A spokesman said Econet, through a number of its subsidiaries, is actively developing interests in Ethiopia. He said that given that there is a competitive process for new licences, it would not be appropriate at this stage to discuss Econet's positioning. 

Tags: mobile global acquisition licence

 
 

Econet plots $1bn UK float

2017-11-27 01:00:00| Total Telecom industry news

Liquid Telecom parent Econet is considering a $1 billion initial public offering in London next year. This is according to sources cited in a Bloomberg report late last week…read more on TotalTele.com »

Tags: plots float 1bn econet

 

iflix and Econet Media collaborate to bring SVoD to sub-Saharan Africa

2017-08-02 15:00:23| Digital TV News

iflix and Econet Medias Kwesé have announced the establishment of a partnership to bring streaming entertainment services to sub-Saharan Africa. The collaboration will leverage the regions rapid increase in smartphone penetration and growing consumer demand for premium quality entertainment.

Tags: media bring africa collaborate

 

Econet Media selects Verimatrix VCAS for its Kwesé TV service

2016-11-14 07:40:12| Digital TV News

Verimatrix has announced that Econet Media has selected the Verimatrix Video Content Authority System (VCAS) platform to secure its Kwesé TV service. Verimatrix is providing revenue security for the Kwesé app and Kwesé Free Sports channel.

Tags: service tv media selects

 

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