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Tmcel’s Financial Crisis Deepens | Mozambique News
Tmcel’s 2025 financial report reveals a grim picture: losses shrunk by 17% but remain deep in the red, equity underwater, and debt ballooned to over 41 billion meticais. Revenue plummeted 10%, and auditors warn of “material uncertainty” about survival without urgent recovery and shareholder support. The government is racing to find a strategic buyer by January 2027 — potential suitors include Axian Telecom and international players from Mauritius and Dubai — as state ownership (66%) seeks outside cash and expertise to save Mozambique’s biggest telecom. Listen in comfort:Get a discount on a…
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