HARARE – Telecommunications firm TelOne is mulling the introduction of pre-paid billing system as a way recovering revenue owed by subscribers amounting to US$160 million.

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In an interview in the capital, TelOne managing director Chipo Mutasa said her organisation is mulling the introduction of pre-paid billing system as a way of recovering the money owed.

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“The pre-paid billing system is ideal for the organisation to recover some of the debts amounting to 160 million dollars from corporate and individuals.

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“We hope to introduce the system when everything has been put in place, but we obviously know that there will be public outcry,” she said.

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TelOne has also come up with cost cutting measures as a way of improving revenue inflows with all employees taking a 15 percent salary reduction for the next six months.

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Said Mutasa, “Cost cutting measures have been adopted and we believe this will play a critical role in increasing company revenue.

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“We will also review the decision after six months whether to continue or to revert to normal salaries.”

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In the first half of the year, TelOne raked in 72 million dollars in revenue and has set a target of 80 million dollars in the second half of the year. – zbc

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