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 Portugal Telecom eyes Mozambican mobile market, awaits for the third licence (Mozambique, Portugal)

  • September 23rd, 2008
  • 5:22 am

The Portugal’s telco, Portugal Telecom is eyeing the mobile market in Mozambique and looking forward for an entry as and when the government decides for the third mobile licence. The operator is in advanced talks with the Mozambican authorities for investment expansion in the country. PT already owns 50% of the country’s main ISP, Teledata, and has a stake in directories publisher LTM. ‘We are negotiating with the government our plans to expand investments in Mozambique, and one of the areas is mobile phone business,’ said PT’s chief executive Zeinal Bava.