Cheap mobile and fintech innovator Greydot Telecoms a solution for the African market | Citypress

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Cheap mobile and fintech innovator Greydot Telecoms a solution for the African market.

Greydot Telecoms’ secret to being the cheapest telecommunications provider lies in the fact that its whole business is internet-based, with no terrestrial technology such as towers which other mobile network providers use.

The company’s CEO is Zimbabwe-based Siqokoqela Mphoko, the son of former Zimbabwean vice-president Phelekezela Mphoko. The same rate applies to calls to any number in the 170 countries at which Greydot has interconnection with Indian telecommunications provider Tata Communications. These 170 countries are the most industrialised economies of the world, where most Africans live in diaspora.

In response to this, last year Vodacom decided to reduce its 30-day 1GB data bundle by 14% to R85, while bundles between 3GB ad 20GB remained unchanged. MTN and Telkom charge R99 for 1GB data, while Cell C charges R95. The cheapest is Rain, which costs R50.Telecommunications companies have been capitalising on the remote working trend recently due to the Covid-19 pandemic by adding free data benefits on their router-based offerings.

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