Postal and Telecommunication Sector Revenue Soars by 38,7pc

Leafias Mazviro

In an impressive development, the postal and telecommunication sector experienced a significant boost in revenue during the first quarter of 2023. The total revenue skyrocketed by 38,7 percent surging from ZWL 198,5 billion in the fourth quarter of 2022 to an impressive ZWL275,3 billion.

Simultaneously, the sector’s operating costs also witnessed substantial growth, increasing by 37,7 percent.

Additionally, the sector celebrated a slight yet noteworthy achievement in its fixed telephone line subscribers. The total active subscribers saw a 0,3 percent rise, reaching 292,253 subscribers in the first quarter of 2023, compared to the previous record of 291,324 in the fourth quarter of 2022. This increase reflects the sector’s continuous efforts to expand its reach and provide reliable telecommunication services to a growing number of customers.

According to the key trends which was observed  by the Postal and Telecommunication Regulatory Authority of Zimbabwe (POTRAZ), the fixed teledensity increased by 0,01 percent to record 1,93 percent, from 1,92 percent recorded in the previous quarter.

The total number of active Internet and data subscriptions also increased by 0,1 percent to reach 9 920 847, from 9 914 950 recorded in the fourth quarter of 2022.

However, the total number of active mobile subscriptions declined by 1,7 percent, to reach 14 051 251, from 14 300 790 recorded in the fourth quarter of 2022. Hence, the mobile penetration rate declined by 1,6 percent, to reach 92,6 percent, from 94,2 percent recorded in the previous quarter.

The statement issued by the company states that, the Public Switched Telephone Network (PSTN) fixed voice traffic declined by 5 percent to record 77,4 million minutes in the first quarter of 2023, from 81,5 million minutes recorded in the fourth quarter of 2022.

In addition, Mobile voice traffic also declined by 16 percent to record 2,5 billion minutes in the first quarter of 2023, from 3 billion minutes recorded in the fourth quarter of 2022.

“Substitution of traditional voice with Over-the-Top VoIP contributed to the overall decline in voice traffic.

“The decline may also be attributable to the deteriorating quality of service, due to the load shedding, which has resulted in lower call-success ratios,” reads part of the statement.

On the other hand, mobile Internet and data traffic increased by 12,3 percent to record 37 690,4 Terabytes in the first quarter of 2023, from 33 576,4 Terabytes recorded in the fourth quarter of 2022.

The used Incoming International Internet Bandwidth Capacity increased by 8 percent to record 294 201Mbps, from 272 430Mbps recorded in the fourth quarter of 2022.

The used outgoing international Internet Bandwidth Capacity increased by 2,5 percent to record 92 039Mbps, from 89 790Mbps recorded in the fourth quarter of 2022.

Total postal and courier volumes increased by 0,9 percent to record 526 305 items in the first quarter of 2023, from 521 764 items in the fourth quarter of 2022.

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