STATE-OWNED telecommunications company, TelOne is investing US$31,1 million this year in network and technology infrastructure enhancements amid widespread concerns over Starlink’s expected disruption of its present business model.
The company says it is however in search of long-term financing options to cater for a broader network upgrade.
TelOne is one of the entities that is managed by Mutapa Investment Fund (MIF), with the expectation of turning around its fortunes and making it profitable.