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MTN and Vodacom in bid for Ethiopia licence
The largest wireless carriers operating in Africa are starting to form partnerships ahead of making offers for new licenses to be awarded by Ethiopia, which is opening its telecom industry to international companies.
Vodafone Group Plc is part of one consortium planning to bid for a license. The U.K. carrier has teamed up with its South African unit Vodacom Group Ltd. and Nairobi-based affiliate Safaricom Ltd., according to the Kenyan company’s chief financial officer, Sateesh Kamath.
The companies have engaged with CDC Group, the U.K. development-finance institution, to assess interest in joining their bid, people with knowledge of the matter said.
[Bloomberg]
The largest wireless carriers operating in Africa are starting to form partnerships ahead of making offers for new licenses to be awarded by Ethiopia, which is opening its telecom industry to international companies.
Vodafone Group Plc is part of one consortium planning to bid for a license. The U.K. carrier has teamed up with its South African unit Vodacom Group Ltd. and Nairobi-based affiliate Safaricom Ltd., according to the Kenyan company’s chief financial officer, Sateesh Kamath.
The companies have engaged with CDC Group, the U.K. development-finance institution, to assess interest in joining their bid, people with knowledge of the matter said.
[Bloomberg]
