Telecel Debunks News On Company Closure

Telecel, a Zimbabwe-based company, has declared to the public that it is not closing down. The company warns detractors who are spreading fake rumors to desist from the act. Telecel claims the information was a 2015 article, published in April.

The company claims the act is from its competitors in the industry, who wants to bring Telecel down by all means.

The statement by the company reads, “Our attention has been drawn to a 2015 article about Telecel in circulation. It states that Telecel Zimbabwe is closing down. Please know that such an article is fake news. Telecel is not closing down. We have plans to open more of our shops and franchise now that the authorities have relaxed the COVID-19 imposed restrictions. We will continue to focus on our customers as we seek to provide value at these critical times.

Thank you for your continued support over the years!

Announcement on Telecel Zimbabwe closing its operation was announced in 2015 by the Hon Supa Mandiwanzira, Zimbabwe’s then ICT minister. The decision was made due to license issues and Telecel’s failure to regularize as requested by the indigenization act.

However, the announced closure didn’t materialize, as the same government that had threatened to close down the company, became the first to bid when the international owner of the stake, Vimplecom, decided to sell.

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