Econet increases voice call tariffs to a massive $2.28 per minute
ZIMBABWE’S leading mobile telephony operator Econet has increased tariffs for voice calls, and it will get to a massive RTGS$2,24 per minute. This comes barely a week after Government through the Postal and Telecommunication Regulatory Authority of Zimbabwe (POTRAZ) increased the price of voice calls as well as internet which is accessed via optic fibre, WiMAX and Asymmetric Digital Subscriber Line (ADSL).
Econet have also split their billing into per second billing and per minute billing, although it is not yet clarified how this will work.
These new tariffs will start applying from the 1st of April.
According to their notice in The Herald, here are the new Econet tariffs will be as follows:
Econet will now be charging $0.22 per minute ($0.21257). It’s not too far from where tariffs used to be. However, per minute billing means that even if your call lasts for 10 seconds, you will still pay the 22 cents.
If you are on a call and it crosses over into the second minute just by a fraction you will pay 44 cents. This is the kind of billing we knew in Zimbabwe when cell phones first became popular.
Econet will now be charging $0.038 per second. When you call for a minute you are going to be charged $2.28!!!
This pricing does not make sense even if you take into account the interbank rate. If we assume the interbank rate between the USD and RTGS$ to be 1:3, it would mean Econet has increased the USD pricing as well to $0.76. That’s expensive.
This follows a request that was made by mobile and fixed operators – Econet, NetOne, Telecel, Africom, TelOne – who had appealed to the regulator to allow an increase in tariffs because of the forex exchange rate that has gone as high as 1:4 on the parallel market (USD to RTGS$). — ZOOMZimbabwe/Techzim