Mcel - Mozambique Mobile is the leading mobile company in Mozambique. Founded in November 1997, Mcel has more than 3 million customers throughout the country, representing a market share of estimated 70% market share. Mcel is the only carrier that provides coverage from North to South of Mozambique, through more than 750 antennas, creating a real backbone for access to more advanced services of voice, data and multimedia, and covering currently about 60% of the geographic area and over 75% of the country's population.
The state telecoms company Telecomunicações de Moçambique (TDM), which operates the landline network, owns a 74% stake in Mcel. The Institute for the Management of State Companies (Instituto de Gestão de Participações do Estado) (IGEPE) owns the remaining 26%.
Mcel provides voice, SMS and mobile internet services.
mKesh
In 2011, Mcel launched a mobile money service called mKesh. Users can open an account at Mcel and deposit any amount of money at accredited agents.
Services include mobile credit purchase, mobile credit transfer to other Mcel subscribers, and money transfers of up to 25,000 meticais (US$900) to any other mobile phone user in Mozambique - including those on other networks.
The system is capable of handling bulk distributions such as salary payments.