Vodacom Mozambique, a unit of South Africa’s Vodacom has received a new telecommunications licence valid for twenty years.The license was provided by the Mozambique National Communications Institute (INCM), the country’s telecommunications regulatory body, APA can report on Wednesday.
Vodacom will pay $40 million to the Mozambican state for its license.
The chairperson of the board of INCM, Ema Chicoco, told an event to mark the renewal in Maputo on Wednesday that Vodacom’s license allows it to provide various telecommunications services as long as it adheres to the applicable regulations.
The official explained that until recently companies would need separate licenses to cover 2G, 3G, data transmission, internet, radio, and television.
However, due to the convergence of technologies the regulator is now awarding a unified license.
Vodacom Mozambique, one of three mobile phone operators in the country, has some 40 percent of the market with around five million subscribers.
The other two operators are state-run M-Cel and Movitel