mCel to increase prices

21 Sep 2007

Mozambique’s largest mobile operator by subscribers, mCel, has announced a 12.4% price hike on its services, effective 1 October. Reports from the Maputo-based Agencia de Informacao de Mocambique say the price hike is designed to ‘over part of the increase in operational costs, directly imputable to accumulated inflation between early 2006 and June 2007.’ M-Cel’s smaller rival Vodacom Mozambique is understood to be imposing a similar price increase. The hike has been approved by the regulatory body, the Mozambique National Communications Institute (INCM).