Mozambique: Portugal Telecom is open to boosting business

19 February 2009

Lisbon, Portugal, 19 Feb – Portugal Telecom (PT) is available to boost its businesses in Mozambique where on Friday it is due to launch the Sapo Moçambique Internet Portal, the company’s chief executive (CEO) Zeinal Bava said Wednesday in Lisbon.

At a press conference to publish the company’s results for 2008, the CEO noted the “success of Sapo” both in Angola and Cape Verde, adding that the “natural market” in which to launch Sapo now “was Mozambique.”

In Mozambique PT already has a partnership with Páginas Amarelas (Yellow Pages).

PT was one of the companies that in 2001 initially took part in the race to operate the second mobile telephony license in Mozambique – although it ended up not presenting a proposal – a tender won by a consortium led by Vodacom International, which led to the set up of Vodacom, 85 percent owned by South Africa’s Vodacom.

PT also has shareholdings Morocco (Méditel, 32.2 percent of mobile and fixed-line market), Cape Verde (40 percent of Cabo Verde Telecom), Sao Tome and Principe (51 percent of fixed-line and mobile market), Namibia (34 percent of MTC), Botswana, Angola (stakes in Unitel, Multitel and Elta), Kenya (60 percent of KPD), Mozambique (half of Teledata and LTM) and Guinea Bissau.

In Guinea Bissau PT has 40 percent of Guiné Telecom (fixed line) and 55 percent of Guinétel (mobile). (macauhub)