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Portuguese telecoms giant to increase investment in Mozambique

September 19, 2008 • Top Stories

Portugal Telecom (PT) is looking for more investment opportunities in Mozambique, the company’s chairman said today in Maputo.

Media reports from Mozambique say PT with the Mozambican authorities and local bodies, studying the possibility of expanding its investment in the country.
Zeinal Bava, was in Mozambique to present the local “Sapo” Internet portal and the “Magalhães” laptop computer (Intel’s Classmate PC).

PT was one of the companies that in 2001 initially took part in the race to operate the second mobile telephony license in Mozambique – although it ended up not presenting a proposal – a tender won by a consortium led by Vodacom International, which led to the set up of Vodacom, 85 percent owned by South Africa’s Vodacom.

Meanwhile the Mozambican government has said it was considering introducing a third mobile phone operator, whilst also considering selling off a stake in the country’s biggest mobile carrier, MCel (according to the press 20 percent will be sold off).

In Maputo, Bava took the opportunity to talk about two “concrete projects” that the company is implementing in Mozambique in the short term: The launch of the “Sapo Moçambique” Internet portal (already in operation in Angola and Cape Verde), which is Schedule to be operational “within a month,” and the “Magalhães” laptop computer, for students.

PT also has shareholdings Morocco (Méditel, 32.2 percent of mobile and fixed-line market), Cape Verde (40 percent of Cabo Verde Telecom), Sao Tome and Principe (51 percent of fixed-line and mobile market), Namibia (34 percent of MTC), Botswana, Angola (stakes in Unitel, Multitel and Elta), Kenya (60 percent of KPD), Mozambique (half of Teledata and LTM) and Guinea Bissau.

In Guinea Bissau PT has 40 percent of Guiné Telecom (fixed line) and 55 percent of Guinétel (mobile). (macauhub)

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