Browsing: Mcel

Business
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ExxonMobil has bought the rights to a 12 hectare plot of land in Maputo, capital of Mozambique, from state telecoms operator TMCEL, Zitamar News has learned. The US oil giant has paid $47 million for the plot in Sommerschield, neighbouring the Eduardo Mondlane University campus, [...]

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Infrastructure
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Mozambique’s state-owned telecoms company TDM-mcel signed a memorandum of understanding with Chinese telecoms giant Huawei to help it develop a 4G and 5G mobile network in the country, as the company’s new board tries to steer the recently combined company to financial stability.

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Infrastructure
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The Mozambican state holding company, IGEPE, yesterday nominated a single board of directors to unify state-owned mobile telecoms company Mcel with its fixed-line counterpart TDM, a merger that was announced by the government last year.

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