- Recapitalisation to ensure company needs are met
- Funds now needed to fulfil development objectives
- Core issue at Telecel is the need to improve network systems
TELECEL management on Wednesday promised to pull up and turn around the fortunes of the entity following government intervention over the entity’s poor performance, to Zim Morningorning Post can reveal.
In an exclusive interview with this publication, Telecel boss Angelina Vere said the company intends to improve its network coverage and upgrade Information Technology (IT) systems.
“The core issue is that Telecel needs to improve its network coverage and upgrade its IT systems.” she said.
Vere told Zim Morning Post that the board was working on ways to source funds for the restructuring of poor services and systems that currently throng the company.
“The Board is working on a recapitalisation programme to ensure funding for these needs is met.” Vere said
Vere explained that the organisation had adopted a five-year strategic plan now awaiting funding so that pending issues are dealt with.
“It has been very clear in the identification of what needs to be done through the five-year strategic plan which has now been adopted by the Board.
“What now remains is for the funding to be availed,” she said.
Last week, Information, Communication and Technology (ICT) minister Jenfan Muswere sounded some warning shots during a meeting with management boards of State-owned telecommunication companies, saying non-performing and corrupt managers would not be spared.
“Management is expected to carry out its mandate, that is, to do their work as assigned them in their respective contracts, which means they have to shape up or ship out,” he said.
Muswere said this in response to Telecel employees’ communique to him, complaining about the poor situation at the entity in which they said IT systems were shambolic.
The employees also lamented over what they said was rampant corruption at managerial level, adding that the work environment also posed as a threat to workers’ health.