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Djibouti to Sell 40% of State Phone Company to Private Investors
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Djibouti to Sell Minority Stake in State-Run Telecoms Company
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Djibouti to Sell Minority Stake in State-Run Telecoms Company
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Ethiopia Awards New Telecoms License to Vodafone2021-05-252021-05-25http://www.liquidafrica.com/wp-content/uploads/2015/12/LA-Logo.pngliquidafricahttp://www.liquidafrica.com/wp-content/uploads/2015/12/LA-Logo.png200px200px
Ethiopia awarded a new telecommunication license to a consortium including the U.K.’s Vodafone Group Plc, paving the way for a long-awaited opening of the sector to outside investors.
The government also called off the sale of a second new permit, but will invite fresh bids from international wireless carriers after some policy adjustments, according to Brook Taye, a senior adviser at the Ministry of Finance.
The winners Vodafone, Vodacom Group Ltd., in which the British carrier has a majority stake, and Nairobi-based Safaricom Ltd. will invest $8.5 billion in their network during the coming 10 years, including the license fee, he said from the capital, Addis Ababa. Others include CDC Group Plc and Sumitomo Corp.
Vodacom awarded Ethiopian license
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