Vodafone signage seen outside a store in central London on September 4, 2013. PHOTO | JUSTIN TALLIS | AFP
Zambia’s communications regulator said on Thursday it had
cancelled the license for Vodafone’s local franchise holder, citing a
lack of technical and financial capacity.
Vodafone in
2016 licensed Afrimax, a telecommunications service provider in
sub-Saharan Africa to offer customers high speed 4G data services using
the Vodafone Zambia brand.
The company, registered as
Mobile Broadband Ltd has lately been experiencing operational problems
and issued a statement in July saying its shareholders had failed to
recapitalise it.
Zambia Information and Communications
Technology Authority said in a statement Vodafone Zambia would cease to
operate from October 20.
“The Zambia Information and
Communications Technology Authority has cancelled network and service
licenses issued to Mobile Broadband Limited trading as Vodafone Zambia
Limited,” it said in a statement.
“The cancellation is
on the grounds that Mobile Broadband Limited has ceased to fulfill the
eligibility requirements...by not being technically and financially
capable of meeting the obligations and terms and conditions of the
license.”
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