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General

Mozambique telecom firms will submit merger proposal by end-2018

Monday 27 August 2018 | 11:08 CET | News
The board of directors of Mozambican state-owned companies Mocambique Celular (Mcel) and Telecomunicacoes de Mocambique (TDM) has until the end of the year to submit a merger proposal, reports Lusa. The proposal is almost complete, according to Transport and Communications Minister Carlos Mesquita, quoted by daily O Pais. He added that the companies only have a single board and that stores are already technologically prepared to serve the activities of both companies.

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Categories: General
Companies: mCel / TDM
Countries: Mozambique
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