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Ethiopia Telecom License Award receives bids from Vodafone Consortium and MTN Group

Ethiopia received bids for telecommunications licenses from MTN Group and a consortium led by Vodafone Group, according to Brook Taye, an adviser in the finance ministry. “We always wanted quality providers and this is what we have received,” Taye said by phone. “These are two African giants — the Safaricom-led consortium and MTN — either one

Ethiopia Telecom License Award receives bids from Vodafone Consortium and MTN Group

Ethiopia Telecom License Award receives bids from Vodafone Consortium and MTN Group

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Ethiopia received bids for telecommunications licenses from MTN Group and a consortium led by Vodafone Group, according to Brook Taye, an adviser in the finance ministry.

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“We always wanted quality providers and this is what we have received,” Taye said by phone. “These are two African giants — the Safaricom-led consortium and MTN — either one or two of the operators will get a licence in Ethiopia.”

Ethiopia will take a few days to review the technical offer and then open the financial bids, he said. The government is looking to award two full-service telecoms licences as part of its plan to attract more foreign investment to its economy.

Earlier on Monday, Kenya’s largest telecoms provider, Safaricom, said it was bidding for one licence jointly with Vodafone and the UK carrier’s South African unit, Vodacom Group. Others in the consortium include CDC Group and Sumitomo, it said in a notice in Nairobi-based Daily Nation newspaper. The members may invest through special purpose investment vehicles, according to the statement.

Main Image: YoMzansi

Reporting for Business Tech Africa on the funding, tools and strategy shaping the continent's founders and SMEs.

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