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Zimbabwe strikes $125m digitalisation deal with Huawei

by Staff reporter
13 Mar 2015 at 08:34hrs | Views

Zimbabwe has received a boost in its quest to meet the June deadline for migration from analogue to digital following a $125 million funding deal signed between the Broadcasting Authority of Zimbabwe (BAZ) and Huawei International.

The deal was revealed on Wednesday by BAZ chief executive Obert Muganyura when he addressed the country's broadcasting stakeholders in Harare.

Muganyura said the deal with Huawei International was sealed by President Mugabe when he visited China last August where he signed several mega deals that also included the funding of the digitalisation project.

He said BAZ had also managed to raise additional funding from a digital dividend which involves investment by private companies in frequency savings due to the efficiency of digital technology.

Source - Byo24News