Vandalism, theft cost TelOne $50m
TelOne managing director Mrs Chipo Mtasa hands over a tree seedling to ZPCS Deputy Commissioner General (Administration) Dr Alford Mashango Dube at Marondera Prison last Friday where the telecommunications firm donated 1 000 fruit trees under its prisons orchards and nurseries project to empower inmates
Rutendo Rori Mash East Correspondent
Vandalism and theft of copper cables have hit TelOne’s operations, resulting in the firm losing over $50 million in revenue since the beginning of the year, an official has said.
In an interview with The Herald Finance and Business recently after handing over 1 000 fruit tree seedlings to Marondera Prison Farm for the national tree planting day, TelOne managing director Mrs Chipo Mtasa said copper cables’ theft resulted in poor service provision by the company, with more than 50 000 subscribers having been affected this year.