South Africa
Vodafone, MTN bid for telecom licenses in Ethiopia─── 08:39 Tue, 27 Apr 2021
MTN Group is competing with a consortium led by the UK’s Vodafone Group for telecommunications licenses in Ethiopia, for the last remaining large mobile telecom market in the world.
Kenya’s largest telecommunications provider Safaricom said it was bidding for one license jointly with Vodafone and Vodacom Group.
Others in the consortium include CDC Group and Sumitomo, it said in a notice.
Ethiopia, Africa’s most populated nation after Nigeria, is poised to expand 8.7% next year, according to the International Monetary Fund, making it the fastest growing economy on the continent.
Moneyweb
