Econet Says Shares Undervalued

Published: 09 Dec, 2025 17:55 Sources: S1 S2 Linked URLs: A1 Category: Business Language: English Country: Zimbabwe

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Econet Wireless, Zimbabwe’s largest telecom, says its share price on the local stock exchange is “grossly undervalued,” limiting its ability to raise capital for network investment and technology upgrades. The company is evaluating corporate measures to boost shareholder value, improve financing access, and strengthen long-term competitiveness. Investors are cautioned as these measures could materially affect the company’s securities. Econet serves over 16 million clients with a 72% market share.