Econet Group

Econet Wireless provides mobile, fixed telephony, broadband, internet, satellite and fiber optic network services. Read more

273 Followers on Owler
273 Followers on Owler
273 Followers on Owler
273 Followers on Owler

Econet Group

Econet Wireless provides mobile, fixed telephony, broadband, internet, satellite and fiber optic network services. Read more

Hardy Pemhiwa's photo - CEO of Econet Group

CEO

Hardy Pemhiwa

CEO Approval Rating

72/100

Founded:

1993

Status:

PrivateIndependent Company

ECONET GROUP TOP COMPETITORS OR ALTERNATIVES

RANK

COMPANY

CEO

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SEACOM, Ltd. is Econet Group's top competitor. SEACOM, Ltd. is a Private company that was founded in Curepipe, Curepipe in 2007. SEACOM, Ltd. operates in the Telecommunications Equipment industry. SEACOM, Ltd. has 4,880 fewer employees vs. Econet Group.

Cell C has been one of Econet Group's top competitors. Cell C is headquartered in Midrand, Gauteng, and was founded in 2001. Cell C is in the Telecommunication Services field. Cell C generates 113% the revenue of Econet Group.

IS is perceived as one of Econet Group's biggest rivals. IS was founded in 1993 in Bryanston, Gauteng. IS competes in the Telecommunication Services field. IS generates $681.6M less revenue than Econet Group.

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Growth Score - 1/1

Is 5,000 a good estimate for Econet Group's Employee count?

Econet Group Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION

-

African Business, iflix

Jan 2019

Source »
undisclosed
-

These are all the companies that Econet Group has acquired. Econet Group's latest acquisition was African Business, iflix in Jan 2019.

Econet Group Funding History

Since Econet Group was founded in 1993, it has participated in 1 round of funding. In total Econet Group has raised $500.0M. Econet Group's funding round was on Dec 2015 for a total of $500.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Debt
Dec 2015
$500M

ZTE Corporation

Since Econet Group was founded in 1993, it has participated in 1 round of funding. In total Econet Group has raised $500.0M. Econet Group's funding round was on Dec 2015 for a total of $500.0M

Econet Group Investments

No recent investments found related to Econet Group

These are all the companies that Econet Group has invested in. Econet Group's latest investment was African Business, iflix in Jan 2019.

Econet Group News

July 5, 2019C21Media

Africa's Kwesé TV enters administration

Econet Media's pan-African pay TV business Kwesé TV has been placed in administration after it faced ... See more »
July 4, 2019TechCentral

Kwese Free TV launch 'not affected' by Econet Media woes

The decision to place Econet Media's satellite television business into administration will not affec... See more »
July 4, 2019Telecompaper

Econet discontinues Kwese Play streaming service

(Telecompaper) Econet Wireless has de-activated customers using its streaming service Kwese Iflix, re... See more »
July 4, 2019TechCentral

Broke Econet Media racked up R1.8-billion in debt

Econet Media racked up the equivalent of R1.8-billion in external liabilities and was unable to pay s... See more »
June 6, 2019Telecompaper

Econet Wireless ranks low on customer satisfaction index

(Telecompaper) Zimbabwean operator Econet Wireless has relatively lower ratings in both household and... See more »
June 5, 2019ITWeb Africa

Listed Zim telco, FinTech firms delay release of financials

Econet Wireless, Cassava given green light by the Zimbabwe Stock Exchange.... See more »
May 31, 2019ITWeb Africa

Zim telcos commit to infrastructure sharing

Econet and rival NetOne sign agreement to maximise 'rare currencies' by eliminating duplication.... See more »

Econet Group Blogs

July 8, 2019Econet Blog

Comment on "Unlocking Youth Entrepreneurship through the Knowledge based Economy" by Strive Masiyiwa

#Town Hall Presidential series: The Town Hall meeting with the President of Botswana was just amazing... See more »
July 8, 2019Econet Blog

Comment on Breaking News! My vision for the 77,000 entrepreneurs who follow this FB platform in Botswana… by Strive Masiyiwa

Strive Masiyiwa wrote, #Pause: Name at least 3x things that Botswana has in common with Switzerland w... See more »
July 7, 2019Econet Blog

Comment on Breaking news: What do you see in RAK? by Strive Masiyiwa

Bashanganyi Magwape [from Botswana] Thank you for those kind remarks. I'm really looking forward to m... See more »
July 6, 2019Econet Blog

Comment on #Update on franchising: by Anietie Udoh

Good day sir. Thanks for this post, it was very educative. I am a start up entrepreneur (idea stage s... See more »
July 4, 2019Econet Blog

Comment on The skills of the future (Part 1) by Strive Masiyiwa

Afterthought 3 Many of you in the #SeniorClass will be interested in this article by my friends at Mc... See more »
June 27, 2019Econet Blog

Comment on #LionessMom (Part 4) by Ludo

Board game playing is one of the important ingredients for a better learning experience. Also, laughi... See more »

Econet Group Press Releases

October 21, 2015PR NEWSWIRE

MoneyGram Announces Collaboration with Econet Wireless

Zimbabweans now have 24/7 access to remittances on the EcoCash network DALLAS, Oct. 21, 2015 /PRNewsw... See more »
September 21, 2015BUSINESS WIRE

Africa Mobile Money Market 2015 by Transaction Mode, Nature of Payment, Location, Type of Purchase and Country - Forecast to 2020

DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/kxptlk/afri... See more »

Econet Group Videos

Social Media

Econet Group Headquarters

8 Anslow Crescent Anslow Office Park,Bryanston

Johannesburg, Gauteng2090

27-11-996-5500

Driving Directions »

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Econet Group Summary

ABOUT

Overview

Econet Wireless provides mobile, fixed telephony, broadband, internet, satellite and fiber optic network services. Econet Group was founded in 1993. Econet Group's headquarters is located in Johannesburg, Gauteng, ZA 2090. It has raised 500.0M in 1 ro...

CEO

Econet Group's CEO, Hardy Pemhiwa, currently has an approval rating of 72%. Econet Group's primary competitors are SEACOM, Ltd., Cell C & IS.

Website

econetwireless.com

Frequently Asked Questions about Econet Group

  1. When was Econet Group founded?

    Econet Group was founded in 1993
  2. Who is Econet Group's CEO?

    Econet Group's CEO is Hardy Pemhiwa
  3. How much revenue does Econet Group generate?

    Econet Group generates $831.6M in revenue
  4. How much funding does Econet Group have?

    Econet Group has historically raised $500M in funding
  1. Where is Econet Group's headquarters?

    Econet Group's headquarters is in Johannesburg Gauteng, ZA
  2. How many employees does Econet Group have?

    Econet Group has 5,000 employees
  3. What sector does Econet Group operate in?

    Econet Group is in Telecommunication Services
  4. Who are Econet Group's competitors?

    Econet Group's top competitors are SEACOM, Ltd., Cell C, IS