29 April 2011
Maputo — Mozambican President Armando Guebuza on Thursday urged the country’s publicly-owned mobile phone company, M-Cel, to link in its management questions of financial interest and profit, with those of national sovereignty.
Guebuza was speaking at the inauguration of the new M-Cel headquarters, an 11 storey building covering an estimated area of 6,800 square metres, in central Maputo.
M-Cel was the country’s first mobile phone operator, and Guebuza acknowledged that “being the pioneer and the largest operator brings with it many challenges”.
Ensuring that the company ran at a profit was essential, he said, but M-Cel should also safeguard “aspects of national sovereignty, digital and social inclusion and development”.
Guebuza urged M-Cel to ensure national coverage, continual improvement in the quality of its services, and the offer of more products with added value.
He added that the Mozambican government will do all in its power to continue to create a business environment that is ever more attractive to national and foreign investment.
The new building represents an investment of about 680 million meticais (about 22 million US dollars) financed by a loan from the country’s largest commercial bank, the Millennium-BIM.
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