Telecel has blamed its glaring woes on the lack of adequate funding at the right time, Newsday reports. Speaking to the publication the company said:
Like all other local organisations, Telecel Zimbabwe’s operations have been affected by a host of factors, both macro and micro economic, but attributed mainly to limited funding for the company over a long period of time, in the face of challenging economic conditions in Zimbabwe.
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Specifically, rapid depreciation of the local currency and the levels of tariffs increases approved, which continue to lag behind inflation, have affected the ability to meet the foreign currency-denominated obligations, especially spares for equipment and service level agreements and support
Telecel which is 60% owned by the government, is failing to replace sim cards and fix the servers that reportedly went down last month among other problems.