TelOne (Private) Limited 9th Annual general Meeting

TelOne (Private) Limited shareholders met on 29 June 2023 for the 9th annual general meeting (AGM)

Acting Chief Executive Officer Eng. Lawrence Nkala

TelOne (Private) Limited hosted its 9th Annual General Meeting, posting an inflation adjusted operating profit of ZWL 7.1 billion up from ZWL4.3 billion achieved in the previous year amid acute operational challenges owing to exchange rate volatility, the consequent impact on the debtors book as well as the impact of delayed tariff reviews. On the other hand, TelOne also recorded at least US$510,000 in lost revenue and network elements for the period ended 31 December 2022. These losses stemmed from 402 network vandalism incidents and a total of 51 500 clients were affected by vandalism-induced downtime in 2022, amounting to a 30% increase from 39 965 clients that were affected in 2021.

TelOne reaches out to the girl child

This visit was part of TelOne’s efforts in the community under the Girls and Women Empowerment Sustainability Pillar aimed at promoting emancipation of the girl child

Enrolment for the February 2024 Intake now in progress

Don’t miss this opportunity to join TelOne Centre for Learning and take the next step towards achieving your academic and professional goals.

Appointment of Chief Executive Officer

Eng. Lawrence Nkala who has been in an acting capacity since December 2022, has been confirmed as the Substantive Chief Executive Officer bringing with him a wealth of experience in telco business strategy, network and digital transformation.