Fortune News | Nov 11,2019
Sep 28 , 2021
The Ethiopian Communications Authority has called for offers from prospective investors interested in acquiring a telecom operator’s license.
Dubbed “License B", it is the second of its kind following the one awarded to the Safricom-led Global Consortium for 850 million dollars.
Bidders are expected submit their proposals by December 20, 2021, should they have an interest to invest in the telecom industry of Africa's second most populous country.
"We want to encourage more telecoms operators, of all sizes, to be part of this exciting opportunity,” said Balcha Reba, director-general of the Authority.
In contrary to the restriction in place during the tender floated to award the first telecom license, mobile banking services will be open for the winning bidder this time.
The last tender saw two bidders, MTN and the Safaricom-Consortium, though officials hoped more investors would show an interest.
Two weeks ago, Ethiopia called upon prospective investors to make an offer for the partial privatisation of Ethio telecom.
Fortune News | Nov 11,2019
Radar | Sep 04,2021
Radar | Sep 06,2020
Radar | Mar 23,2019
Radar | Jun 19,2021
Covid-19 | Jun 11,2021
My Opinion | May 21,2022
Radar | Dec 14,2019
Featured | Oct 23,2021
Agenda | Jan 07,2022
Photo Gallery | 96845 Views | May 06,2019
Photo Gallery | 89066 Views | Apr 26,2019
My Opinion | 67202 Views | Aug 14,2021
Commentaries | 65771 Views | Oct 02,2021
Apr 20 , 2024
In a departure from its traditionally opaque practices, the National Bank of Ethiopia...
Apr 13 , 2024
In the hushed corridors of the legislative house on Lorenzo Te'azaz Road (Arat Kilo)...
Apr 6 , 2024
In a rather unsettling turn of events, the state-owned Commercial Bank of Ethiopia (C...
Mar 30 , 2024
Ethiopian authorities find themselves at a crossroads in the shadow of a global econo...
Loading your updates...