Zol expands fibre network
Liquid Telecoms subsidiary Zol Zimbabwe is seeking to entrench its footprints in the market by establishing fibre network in major cities across the country, a company official said.
Company’s CEO Denny Marandure said the building of necessary infrastructure to roll out data network was under way in Bulawayo, Gweru and Mutare. This comes after its parent company, Liquid Telecoms, in May this year secured a US$150 million facility from Standard Chartered Bank meant for fibre network expansion.
Marandure said the company’s market share was growing tremendously, shrugging off competitors aided by its aggressive marketing.
“We are buoyed by our own niche market due to the marketing aggressiveness. Zol has become a preferable internet service provider in schools, colleges, hotels and restaurants,” he said.
Marandure said the company seeks to introduce a good package of voice over internet protocol and data.
“We want to come up with a bundle pricing with both voice and data. We have a lot of customers who have signed up for the voice over internet protocol,” he said.
Marandure said Zol intends to partner a local company, Cumii Connected Lifestyle, to come up with connected home, a security system meant to connect customers and their mobile gadgets.
Zol is an internet service provider whereas Liquid telecoms is an Internet access provider.
Marandure said the Ministry of Information Communication and Technology should create strong synergies with internet providers to grow the economy.