Chipo Mtasa Steps Down As TelOne Managing Director

9 months ago
Mon, 05 Dec 2022 16:31:07 GMT
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Chipo Mtasa Steps Down As TelOne Managing Director

Chipo Mtasa says she is stepping down “with my head high” as Managing Director of TelOne after a decade in the post.

Mtasa was appointed MD of the state-owned telecoms company in 2013, and leaves at the end of this month after serving her two terms, as required by regulations governing Zimbabwean parastatals, newZWire reported citing her note to staff. It read:

As I look back at the last 10 years and the progress that we have made, the challenges that we have conquered, the lessons that we have learnt, the dreams that we have shared and above all the friendships that we have created; a big part of me feels sad to be saying goodbye.

I take a bow with my head high because of how you all worked so hard to build the TelOne brand and all the achievements we scored. Being associated with this amazing brand will remain a highlight of my career which I will so proudly acclaim.

Together we started the journey to transform TelOne and so it is my wish for those that will come after me and indeed the rest of the TelOne team to keep moving forward and do even better.

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Under Mtasa, TelOne shifted its strategy from the fixed-line business on which it was founded to becoming a more broadband-focused company.

In 2018, broadband, for the first time, started contributing more to earnings than voice after accounting for 49.8% of revenue, compared to 38% in 2017.

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