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*NetOne makes $2.7m loss despite revenues of $115m* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?ty Despite making the highest revenue in 5 years, government-owned mobile network operator NetOne still made a loss of $2.6 million in 2016. The company received revenues of $114 million last year, which was an improvement from the $113 million in 2015. The loss has been attributed to legacy debts when the MNO acquired loans from China EximBank. The company has high opeating costs and is spending more than $400 000 per month on diesel for its power stations. More: TechZim ---------- *HOT DEALS:* *itel A70 - (128GB, 3GB RAM) $89,* *itel A70 - (256GB, 4GB RAM) $99* *itel P40 (128GB, 4GB), (6000mAh) $99* *itel P40 (64GB, 4G), (6000mAh) $93* *LATEST: itel S24 (128) $124; S24 (256GB) $159* Cash on Delivery in Harare & Bulawayo. Tinotumira kwamuri inosvika. WhatsApp: 0️⃣7️⃣8️⃣3️⃣ 4️⃣5️⃣0️⃣ 7️⃣9️⃣3️⃣ ---------- _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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