The CEO of Portugal Telecom (PT), Henrique Granadeiro, says that his company is examining the possibility of establishing a pan-African mobile virtual network operator (MVNO) based in Angola. ‘The big pan-African operators are centred in South Africa or in the Middle East but we believe in a new pan-African operator based elsewhere, namely in Angola,’ he told Portuguese newspaper Visao. Granadeiro added that the new MVNO could be launched in partnership with Angolan mobile operator Unitel, in which PT holds a 25% stake, but that Unitel would be unlikely to form the basis of an international business. PT has stakes in mobile operators in several other African states, including Morocco (Médi Télécom), Namibia (Mobile Telecommunications), Cape Verde (Cabo Verde Telecom) and Sao Tome & Principe (Companhia Santomense de Telecomunicações). In March 2006 a consortium of PT (60%) and Unitel (40%) bought a 51% stake in a GSM-900/1800 licensee in the Democratic Republic of Congo.