PT eyes Mozambique mobile market

22 Sep 2008

Portugal Telecom (PT) is reportedly considering entering the mobile market in Mozambique if the government decides to offer a third licence. A report from the African Press Agency says the telco is in ‘advanced talks with the Mozambican authorities to expand its investment 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,’ PT’s chief executive Zeinal Bava is quoted as saying.

Mozambique, Oi