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Press Release -- February 28th, 2023
Source: Ericsson
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Econet partners Ericsson to modernize network infrastructure in Zimbabwe

  • Econet moves to modernize its Radio Access Network (RAN) and mobile Core network as it prepares for 5G expansion.
  • 5G expansion set to unlock advanced consumer and enterprise use cases.
  • The partnership aims at boosting digital transformation by the evolution of the existing network to cloud native architecture.
Roy Chimanikire, Econet and Todd Ashton, Ericsson

Econet Wireless Zimbabwe (ZSE: ECO.ZW) has strengthened its partnership with Ericsson (NASDAQ:ERIC, news, filings) at Mobile World Congress 2023, Barcelona, Spain as it prepares for 5G expansion by modernizing its Radio Access Network (RAN) and mobile Core network across Harare, Zimbabwe.

Through upgrades in its mobile Core and RAN solutions, Ericsson will help accelerate Econet’s digital transformation journey. The network upgrade will pave the way for Econet to deliver 5G connectivity in more locations, unlocking advanced consumer and enterprise use cases.

As part of the mobile Core evolution, Ericsson will modernize the existing Evolved Packet Core (EPC) network to cloud-native dual-mode 5G Core, as well as upgrade the Unified Data Management (UDM) solution. The scope of the agreement with Econet also includes Ericsson’s cloud infrastructure solutions, the Circuit Switch Core modernization and the introduction of IP Multimedia System (IMS) for Voice over LTE (VoLTE) and Voice over WiFi (VoWiFi).

Modernizing Econet’s network infrastructure will enable a wide range of services to subscribers, including high-definition VoLTE and applications that require low latency and improved responsiveness. High-speed internet will be enabled through 4G and 5G radio access networks, coupled to the modernized packet core network. Along with enhancing user experience, Econet will also benefit from increased network coverage and capacity.

The network modernization will include Econet’s existing 2G, 3G and LTE networks, with Ericsson’s latest 5G multi-band, multi-sector radios – such as Radio 4466 – which offers capacity expansion, energy efficiency and an average of 15 percent reduction in tower load. Through the partnership, Econet will realize greater LTE indoor penetration and continue its seamless deployment of 5G, Narrowband-Internet of Things (NB-IoT) and private networks.

Mr Roy Chimanikire, Deputy CEO at Econet Wireless Zimbabwe says: “Econet Wireless Zimbabwe is on a mission to realize an advanced 5G ecosystem in the country. Our latest partnership with Ericsson brings us closer to realizing this ambition with 5G expansions in more locations. Powering several digital technologies, 5G will play a pivotal role in realizing many of the goals outlined in the Smart Zimbabwe 2030 agenda, notably in smart industrialization. Working alongside Ericsson, we aspire to build a high-performing 5G network that will not only deliver high connectivity but also support industrial and societal advancements in Zimbabwe.”

Todd Ashton, Vice President and Head of Ericsson South and East Africa at Ericsson Middle East and Africa, says: “We have enjoyed a close and productive partnership with Econet for more than two decades, and we remain committed to supporting them in strengthening their network infrastructure as Zimbabwe lays out ambitious digital plans. Our solutions will provide Econet with incredible speeds and mobility and introduce next-generation connectivity services seamlessly. It will also accelerate the introduction of new 5G use cases that will support the nation’s digitalization momentum and assert its position in the growing digital economy.”

Early last year, Ericsson partnered with Econet to launch 5G across Harare, Zimbabwe. The modernization of Econet’s network infrastructure through Ericsson’s enhanced Radio Access Network (RAN) portfolio and core portfolio will complement the digital infrastructure goals of the Smart Zimbabwe 2030 agenda and bring Econet closer to attaining 5G market leadership in the country.

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ABOUT ERICSSON:

Ericsson enables communications service providers and enterprises to capture the full value of connectivity. The company’s portfolio spans the following business areas: Networks, Cloud Software and Services, Enterprise Wireless Solutions, Global Communications Platform, and Technologies and New Businesses. It is designed to help our customers go digital, increase efficiency and find new revenue streams. Ericsson’s innovation investments have delivered the benefits of mobility and mobile broadband to billions of people globally. Ericsson stock is listed on Nasdaq Stockholm and on Nasdaq New York. www.ericsson.com

ABOUT ECONET WIRELESS ZIMBABWE

www.econet.co.zw

Econet Wireless Zimbabwe Limited (ECO.ZW) is the largest mobile telecommunications, technology and digital company in Zimbabwe, with over 65% share of the mobile market. It is listed on the Zimbabwe Stock Exchange where it was among the top performing counters between November 2022 and the end of January 2023. Econet is the market leader in digital and mobile telecommunication services in Zimbabwe, with a subscriber base of 14 million connected customers.

Over the past 20 years the company has invested millions of dollars in deploying the widest and most robust 2G, 3G, 4G – and now 5G –  networks in the country, enabling it to offer life-changing products and service to its customers, including facilitating financial inclusion to millions of Zimbabweans.

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