Tmcel is restructuring to avoid bankruptcy after accumulating over $400 million in debt. Vodacom Mozambique holds about half the mobile market and launched the country's first limited 5G service in Maputo in 2023. By early 2024, there were 18.91 million active mobile SIMs, covering roughly 55% of the population. Fixed-line broadband remains rare, and about one-third of Mozambicans lack mobile broadband coverage.