Outgoing Zamtel Chief Executive Officer Sydney Mupeta says he is happy to have left the company in a stronger position.
Mr Mupeta revealed in a Facebook post that Zamtel has grown its market share from about 10% in 2017 to 19.5% in 2021.
He said Zamtel is now positioned for much higher growth following the internal transformation that has happened thus far.
“I am grateful for the initial recapitalization from IDC that has lifted the Charging System capacity constraints going into 2022. I am confident that Zamtel will make our Country proud going forward,” Mr. Mupeta said.
“I equally pray that Zamtel and the Shareholder, IDC, will continue finding solutions to the general need for recapitalization so that the Company can address both historical challenges and future investments,” he said.
“The 6th of December 2021 marked the end of my assignment as CEO of Zamtel. I am grateful to the Customers that continued believing in Zamtel’s ability to provide innovative quality products and services. The demand for quality and competitive products powered our desire to continuously improve our processes and our general ways-of-working in my 4 years at the helm of the Company,” he stated.
He added, “To our Customers, you have made the transformation in Zamtel possible. Continue supporting Zamtel so that it can start flying Zambia’s flag even higher.”
Mr Mupeta said Zamtel Management and Staff have been at the center of driving culture change that has introduced reasonable level of agility.
“The newfound agility has enabled the organization to meet the ever-changing customer needs. I am proud to say that I am leaving behind a strong team that is Passionate, Innovative, Customer-Focused, Results-Oriented, and places Integrity higher among its values.”
He said, “Zamtel Staff have been the biggest asset to the business, and I am grateful for their support during my time as CEO.”
“I want to thank the Government, in particular the Minister of Technology and Science – Hon. Felix Mutati as well as the IDC Group CEO for the understanding and support in the period leading to the mutual separation, I am truly humbled and grateful.”
“To the IDC Group and the recent past Zamtel Board, I am grateful for the support and guidance during the 4 years I have served as CEO. I equally want to thank all Zamtel business partners for their contribution to the business.”
Good man.leave those tribal upnd cadres to mess up by themselves.
Thank you that you have left in peace though upnd will get the credit for the job done by PF.
New dark government is portraying a picture that things are bad and yet it is a gimmick to get a pat on the back at the end of the day.
Unfortunately your report is not true Sir. I say this because what you left is a shell despite having found a much more viable company. My good Sir you failed in a lot of Areas because you refused to listen from internal critics who only wanted the best for you instead you loved to listen to praise singers who never told you the truth.
Some of the failures are:
1. Top of the failures is decommissioning of physical Landline which was a cashcow for Zamtel. This decision meant that whenever power goes Zamtel could not generate any revenue since the new power on the introduced LTE depends on direct zesco power unlike the physical Landline which depended on source power from the exchanges were there is always backup power.
2. Another failure is the Introduction of prepaid services on…
We have heard that before.
Did you manage to pay lap green?No instead you got more money from IDC to recapitalize the company to show something that you have done. The next guy also will ask for more money from IDC for him also to leave a mark and so forth.
Like Zesco, Zamtel was raided by the PF government: a substantial part of the income was hived off by Edgar China Lungu. Both should be in a better position now. All we need is a good CEO and capable directors.
Self praise is dangerous. Look at this boy. Zamtel was a monopoly that saw newbies in the name of ZAMCELL and TELECEL being baby sat by it. Zamtel was everywhere befitting the name EVERYWHERE YOU GO.
Zamtel once had 100% market share until you boys beat it to the ground.
What are yapping about SYDO?
You left Zamtel boxed between two baby hands and you boast about a mere 19% market share. You’re sick. Until you appreciate what it means to be a national strategic company, it’s shut ya beak. What’s wrong with this kid. You gotta believe that someone else could have done a better job.