OPEN FOR AD
OPEN FOR AD
Dashen Bank
FORTUNE+ VIDEO JOBS SPONSORED CONTENTS FORTUNE AUDIO TRADE AFRICA new

Fortune Logo

Ethiopia Awards Safaricom First Telecom License

May 22 , 2021

Ethiopia has awarded a telecom license to the Global Partnership for Ethiopia, a consortium of Safaricom, Vodafone, Vodacom, CDC Group Plc, and Sumitomo Corp. The highly anticipated award gives a full telecom operator license to a private business for the first time in over a century.

The consortium offered 850 million dollars and the Ethiopian Communications Authority has already confirmed that it has won the bid, which was opened three weeks ago.

The other bidder, the consortium of MTN and the Chinese Silk Road Fund, did not manage to win a license as its 600 million dollar offer was deemed inadequate by the authorities.

One thought on “Ethiopia Awards Safaricom First Telecom License”

  1. I would like to thanks the Ethiopian government for giving licenses for this International company to release this monopoly controlling

    Reply

Put your comments here




Related Posts

Share This Post
Linkedin
Google+


Most read

Latest News

Editor's pick

Commentaries

When Corruption Meets Instability, the Fight Needs to be Holistic

The effects of corruption, likely to be fuelled by the country's prevailing political...

Fact-Checking the Deglobalisation Narrative

The Chilean poet Nicanor Parra claimed, “the left and the right united shall never...

Fineline

Leaders of the National . . .

Leaders of the National Election Board are in a charm offensive mood, of a sort. Last week, they organised a rare tour for members of the me...

When the country’s most. . .

When the country’s most senior diplomats and envoys return back to their posts after two-week debriefings, they leave behind a point or tw...

Editorial

The Local Elections Everybody Forgets About

June 25 , 2022

It is not the best of times to be in charge of governance in Ethiopia, whether at the...

Central Bank Shoots Itself in the Feet. Again!

June 18 , 2022

Some of Ethiopia's economic policymakers may take solace from realising that inflatio...

What Agenda the Budget Bill Serves?

June 11 , 2022

The stereotype many people have of parliamentarians is as clueless seat fillers who exist to rubber stamp legislative bi...

Ethiopia Sleeps at the Wheel in the Race for Regional Integration

June 4 , 2022

It was an institution confident in its mission, capabilities and progress that was on...

Gallery

Parliament Approves New Cabinet Members

October 6 , 2021

Parliament Approves New Cabinet, Incorporates Opposition Leaders Lawmakers have approved today the nominations of 22 ministers, including three opposition leaders. Two MPs have voted against, while 12 abstained...

2020 in Posterity

January 5 , 2021

TIGRAY VOTES DESPITE "NULL & VOID" THREAT

September 9 , 2020

IN-PICTURE: LAUREATE'S RECEPTION  

December 14 , 2019

PM Abiy Ahmed (PhD) at a Gala Dinner Called for the Awarding of the Félix Houphouët-Boigny Peace Prize

May 6 , 2019

Faces, Voices of Addis Abeba

April 26 , 2019

Sunday With Eden

Life Offers No Graduation Party

Last year, I met a young and charming medical doctor through a mutual friend. Our friendship quickly grew. She told me about her engagement...

Marriage Doesn't Fix Abusers. Leaving Them Does

Last year, I met a young and charming medical doctor through a mutual friend. Our friendship quickly grew...

Life Matters

In Polite Society, Split the Bill

Some live in a distant universe where they are oblivious to norms. There are unspoken rules. For instance, if two friends dine together, unl...

Good Shopping Requires Etiquette

I consider myself lucky when it comes to many things. But my luck runs out during shopping. I often end up buying clothes I do not like or w...