The latest voice, data and SMS tariff hike by Mobile Network Operators (MNOs) and fixed network operators was approved by the Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ).
In a circular to operators, POTRAZ wrote that previous tariffs that were set in August 2019 have been rendered “unsustainable” due to the hyperinflationary environment obtaining in the economy. The circular reads:
Accordingly, the authority has found it necessary to review tariff thresholds for telecommunication services by 95,39 per cent based on the Telecommunication Price Index (TPI) that was computed in consultation with all operators.
In view of the foregoing, and guided by the Act, all public switched and mobile operators may adjust their tariffs in line with the above thresholds for approval by the Authority.
Earlier this week, the country’s three leading MNOs, Econet, NetOne and Telecel increased voice, data and SMS tariffs by nearly 100 per cent.
Year-on-year inflation reached 175,66 per cent in June 2019 before the government discontinued its publication.