Business / Companies
TelOne targets to connect over 20 000 houses by next year
26 Sep 2014 at 03:11hrs | Views
TelOne, targets to fibre connect over 20 000 houses by next year under the $98 million fund from government and China, a company executive has said.
Speaking on the side-line for the official opening of the TelOne Chitungwiza client services centre, Mtasa said part of the funding for the $98 million was being expected from China with part of the funding to be channelled towards the company legacy debt.
She, however, said the government was currently in negotiations with the Chinese institutions were currently taking place to be concluded by year end.
Mtasa, however, said between the month of July to date 1 400 households in Chitungwiza had been connected at a cost of $1, 3 million and was being done step by step while waiting for the bigger project for the fibre access network project.
She said TelOne has planned to avail the Wi-Fi hotspot services to the entire metropolitan areas in Zimbabwe.
Speaking on the side-line for the official opening of the TelOne Chitungwiza client services centre, Mtasa said part of the funding for the $98 million was being expected from China with part of the funding to be channelled towards the company legacy debt.
She, however, said the government was currently in negotiations with the Chinese institutions were currently taking place to be concluded by year end.
Mtasa, however, said between the month of July to date 1 400 households in Chitungwiza had been connected at a cost of $1, 3 million and was being done step by step while waiting for the bigger project for the fibre access network project.
She said TelOne has planned to avail the Wi-Fi hotspot services to the entire metropolitan areas in Zimbabwe.
Source - newsday
