MTN Group has reportedly made a bid for an Ethiopian telecommunications licence alongside Vodacom Group and Safaricom. Finance ministry adviser, Brook Taye says that the consortium of bids is led by Safaricom.
“We always wanted quality providers and this is what we have received,” adds Taye. “These are two African giants the Safaricom-led consortium and MTN either one or two of the operators will get a licence in Ethiopia.”
Kenya’s geographical proximity to Ethiopia is expected to be one reason why Safaricom leads the consortium.
“I think it will be a very good exposure to Safaricom from the perspective of geographical closeness on the one perspective, but also giving Safaricom additional exposure to more growth areas,” says Vodacom’s chief executive, Shameel Joosub.
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