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Econet's Competitors, Revenue, Number of Employees, Funding and Acquisitions

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

Econet... Read more

Estimated Annual Revenue

Estimated Employees

Hardy Pemhiwa's photo - CEO of Econet

CEO

Hardy Pemhiwa

CEO Approval Rating

72/100

OVERVIEW

Founded:

1993

Headquarters:

JohannesburgGauteng

Status:

Private

Industry Sector:

Wireless Telecommunication Services

SIC Code:

3669NAICS listing »

Top Competitors or Alternatives

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Growth Score - 1/1

Is 30 a good estimate for Econet's Employee count?

I don't know

Trending News for Econet and Econet's Competitors

February 21, 2020

Ventures Africa

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February 21, 2020

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February 21, 2020

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Lesotho's regulator has threatened to revoke Vodacom's licence in the market and issued the operator ... See more »

Competitive Analysis

TOP COMPETITORS OR ALTERNATIVES

SEACOM is Econet's top competitor. SEACOM is a Private company that was founded in Curepipe, Curepipe in 2007. SEACOM operates in the Telecommunications Equipment industry. SEACOM has 90 more employees vs. Econet.

Cell C has been one of Econet's top competitors. Cell C is headquartered in Midrand, Gauteng, and was founded in 2001. Cell C is in the Wireless Telecommunication Services field. Cell C generates 3,968% the revenue of Econet.

Internet Solutions is perceived as one of Econet's biggest rivals. Internet Solutions was founded in 1993 in Bryanston, Gauteng. Internet Solutions competes in the Fixed-line Telecommunications Services field. Internet Solutions generates $128.2M more revenue than Econet.

RANK

COMPANY

LEADERSHIP

CEO SCORE

EMPLOYEES

TOTAL FUNDING

REVENUE

Hardy Pemhiwa

CEO

- -
30
$500M
$21.8M
1

Byron J. Clatterbuck

CEO

67/100
120
- -
$21M
2

Douglas Craigie Stevenson

CEO

75/100
1,300
$951.6M
$866.7M
3

Setumo Mohapi

CEO

70/100
1,563
- -
$150M
4

CEO

- -
817
- -
$60M
5

Michael Joseph

Interim-CEO

86/100
$2.6B
$2.3B
6

Mohamed Shameel Aziz Joosub

CEO

87/100
107,667
- -
$49B
7

Sipho Maseko

CEO

66/100
18,286
$83M
$3.5B
8

Rob Shuter

President & CEO

75/100
6,600
- -
$4.4B
9

Jonas Bogoshi

CEO

73/100
6,788
- -
$2B
10

Peter Beretta

Co-Founder & CEO

68/100
80
- -
$14.3M
The top 10 competitors in Econet's competitive set are SEACOM, Cell C, Internet Solutions, Neotel, Safaricom, Vodacom, Telkom, MTN Group, BCX and Umoya. Together they have raised over 3.6B between their estimated 63.5K employees. Econet's revenue is the ranked 9th among it's top 10 competitors. The top 10 competitors average 5.7B. Econet has 30 employees and is ranked 10th among it's top 10 competitors. The top 10 competitors average 14,325.

Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION

-

-

Jan 2019

Source »
undisclosed
-

These are all the companies that Econet has acquired. Econet's latest acquisition was in Jan 2019.

Econet Funding History

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

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Debt
Dec 2015
$500M

ZTE Corporation

Total Funding: $500M

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

Investments

No recent investments found related to Econet

Econet News

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 »
May 27, 2019Telecompaper

BPOPF challenges Econet's acquisition of majority stake in Mascom

(Telecompaper) A shareholder battle is brewing at Botswana's operator, Mascom Wireless, reports The P... See more »

Econet 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 »
June 24, 2019Econet Blog

Comment on Reflection: A tribute to love, sadness, hope and courage. by Harriet Chemusto

Thank you very much.... See more »

Econet 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 Videos

November 27, 2018Econet Wireless Youtube Channel

"Arise & Shine - Glenview Clean Up Campaign" on YOUTUBE

See more »
October 2, 2018Econet Wireless Youtube Channel

"Gonyeti from BUSTOP TV meets with Million Dollar Promo Car Winner! [SHORT VERSION]" on YOUTUBE

See more »
August 16, 2018Econet Wireless Youtube Channel

"What is Kwesé iflix?" on YOUTUBE

See more »
August 1, 2018Econet Wireless Youtube Channel

"Celebrating 20 Years Of Inspiration - [email protected] TVC" on YOUTUBE

See more »
August 1, 2018Econet Wireless Youtube Channel

"Mrs Saidi" on YOUTUBE

See more »
October 17, 2017Econet Wireless Youtube Channel

"Order Kwesé Online - Get Delivery to your Doorstep!" on YOUTUBE

See more »
December 19, 2016Econet Wireless Youtube Channel

"EcoSure Thwala Sonke - Customer Testimonial (Shona)" on YOUTUBE

See more »

Headquarters

8 Anslow Crescent Anslow Office Park,Bryanston

Johannesburg, Gauteng2090

27-11-996-5500

Driving Directions »

Trending Companies

Summary

ABOUT

Overview

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

CEO

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

Website

econetwireless.com

Frequently Asked Questions about Econet

  1. When was Econet founded?

    Econet was founded in 1993

  2. Who is Econet's CEO?

    Econet's CEO is Hardy Pemhiwa

  3. How much revenue does Econet generate?

    Econet generates $21.8M in revenue

  4. How much funding does Econet have?

    Econet has historically raised $500M in funding

  1. Where is Econet's headquarters?

    Econet's headquarters is in Johannesburg Gauteng, ZA

  2. How many employees does Econet have?

    Econet has 30 employees

  3. What sector does Econet operate in?

    Econet is in Wireless Telecommunication Services

  4. Who are Econet's competitors?

    Econet's top competitors are SEACOM, Cell C, Internet Solutions
Stay up-to-date with the latest news on Econet