NetOne ZimbabweRSS

Zimbabwe’s NetOne in talks with MTN

NetOne Zimbabwe is looking to sell a 49 per cent stake to MTN

Zimbabwe’s state-owned, oldest mobile operator, NetOne, has entered into talks with South Africa’s MTN regarding the sale of a 49 per cent stake in the company. Despite its incumbent status, NetOne is Zimbabwe’s smallest operator, trailing larger telcos Econet Wireless and Egypt’s Orascom Telecom with its subscriber base of just over 1.5 million.