TmCel seeks USD 200 mln for expansion plans in 2020

Thursday 9 January 2020 | 10:47 CET | News
Mocambique Telecom (Tmcel) is seeking USD 200 million to invest in several projects in 2020, Macauhub reported citing the president of state asset management institute IGEPE, Ana Coanai. Tmcel was created in January 2019 following the merger of Telecomunicacoes de Mocambique (TDM) and its wholly owned wireless subsidiary, mCel.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Categories: General
Companies: mCel / Telecomunicacoes de Mocambique
Countries: Mozambique
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Tmcel secures USD 200 million loan for network upgrade

Published 03 Feb 2020 09:48 CET | Mozambique
Mocambique Telecom (Tmcel) estimates it needs USD 350 million (about MZN 21 billion) to modernize and expand its network and ...

Mocambique Telecom to launch 4G by end November

Published 26 Aug 2019 15:41 CET | Mozambique
Mocambique Telecom (Tmcel) will launch 4G services by the end of November and upgrade the national network with financial support ...

Tmcel receives unified telecom services licence in Mozambique

Published 15 May 2019 11:46 CET | Mozambique
Mocambique Telecom (Tmcel) received the Unified Telecommunications License, through which it is qualified to provide ...

Huawei provides telecom equipment to Mozambique's Tmcel

Published 25 Apr 2019 14:41 CET | Mozambique
Mozambican operator Tmcel will spend USD 23 million on telecommunications equipment under a contract signed in Beijing with ...