The National Institute of Communications of Mozambique (INCM) assured a few days ago that if Tmcel shows signs of extreme difficulties that could jeopardize its operation, the government, through the Ministry of Transport and Communications, will find concrete and immediate mechanisms to ensure that the company continues to operate.

Speaking at a press conference, the chairman of the board of directors, Tuaha Mote, did not go into detail about the actions to be taken to save the company, but said that this includes reforms that focus on the need to ensure efficiency and profit generation.

"On the regulator's side we are going to take facilitating measures so that it can operate again without too many costs. The competent authorities will announce, in due time, other concrete measures," said the INCM leader.

It should be noted that Tmcel is mired in a deep crisis partly due to a debt that some state companies have with the operator. The money owed, if it were to flow regularly into the cash flow, would serve to help the company rebuild itself and correct the difficulties it is currently facing.

It is about one billion meticais that various government institutions are owing the company, leaving the cash flow in a negative situation, which prevents any creativity of sustainable management.

On the list of the biggest debtors are entities such as the Information and State Security Services, the Mozambique Tax Authority, and the National Institute of Electronic Government.

The levels of investment needed, and which have been promised by the government itself in order to revive the company, amount to $500 million.

Tmcel spoke of urgent investment needs to the tune of $350 million, figures that the company continues to receive as part of government promises.

Speaking to the media, Tuaha Mote assumes that if Tmcel were to close its doors, it would be a bad sign for the telecommunications sector in general and would compromise the stability of the telecommunications area. Thus, advanced the responsible, the State and the government are unfolding a series of actions to avoid a real bankruptcy of Tmcel.