Semiconducting transition metal dichalcogenides (TMDCs) give rise to interesting new phenomena in external magnetic fields, such as valley Zeeman splitting and magnetic-field-induced valley polarization. These effects have been reported for monolayers (MLs) of the transition metal diselenides MoSe2 and WSe2 and, more recently, for disulfides MoS2 and WS2 . Here, we present helicity-resolved magneto-photoluminescence and magneto-reflectance contrast measurements for MLs of the telluride member of the semiconducting TMDCs, 2H-MoTe2 , in magnetic fields up to 29 T in Faraday geometry.