Vodacom Mozambique invested USD150m over the past year

1 Dec 2014

Vodacom Mozambique has announced that it has invested USD150 million over the past twelve months to upgrade its networks and introduce new services. According to a report from Agence Africaine de Presse, Vodacom’s network director Pedro Rabacal told Radio Mozambique that the money went towards the installation of new mobile masts, improvements to network quality, and the introduction of m-pesa mobile money services. The country’s number two operator had 4.5 million subscribers and a 32% share of Mozambique’s mobile market at the end of September 2014, according to TeleGeography’s GlobalComms Database.

Mozambique, Vodacom Mozambique