Lap Green Networks, the new owner of ZAMTEL has injected over 600 billion Kwacha in the Company in a bid to make it profitable, according to ZNBC.
ZAMTEL Chief Commercial Officer, Amon Jere says the money will be used to improve telecom operations in the next two years.
He said the investment will go into restructuring the firm, acquiring new technology, building a Three-G network, extending coverage and re-branding.
Mr Jere said this in Lusaka wednesday when ZAMTEL launched a new Cell Z promotion dubbed “The Real Deal.”
The promotion offers up to hundred percent bonus credit with every airtime top up.
Mr Jere said the promotion is a statement of intent that ZAMTEL means business in the telecom market.