mCel announces network expansion

14 Jul 2008

Mozambique’s largest cellular operator, mCel, says it intends to expand its networks so that all of the country’s 128 districts have at least some mobile coverage by next year. The firm made the announcement as it reported its 2007 financial results; revenues were up 32% year-on-year to MZM5.8 billion (USD241 million), while net profits grew 12% at MZM346 million. mCel recently said that it expects to invest USD70 million this year to improve the quality and geographical scope of its infrastructure, including the deployment of a 3G network. Agencia de Informacao de Mocambique reports that mCel installed 79 new base stations last year and its networks covered 80% of the population at the end of 2007, up from 76% a year before. mCel claims around three million customers and two thirds of Mozambique’s cellular market, according to TeleGeography’s GlobalComms database.