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Investors Bet on Safaricom Even as All Analysts Drop Buy Rating
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Safaricom surges to record high but analysts remain cautious
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Vodafone and MTN bid for telecom licenses in Ethiopia
Bloomberg26 April 2021
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MTN and a consortium led by Vodafone have bid for telecommunications licenses in Ethiopia, as wireless service providers look to tap the last remaining large market in the world.
Ethiopia will take a few days to review the technical offer and then open the financial bids, said Brook Taye, an adviser in the Finance Ministry.
Earlier on Monday, Kenya’s largest telecommunications provider Safaricom said it was bidding for one license jointly with Vodafone and the UK carrier’s South African unit Vodacom. Others in the consortium include CDC Group and Sumitomo it said in a notice.
MONEYWEB
app instead?
As wireless service providers look to tap the last remaining large market in the world.
By Samuel Gebre and Bella Genga, Bloomberg
26 Apr 2021 14:48
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Image: Bloomberg
MTN Group and a consortium led by Vodafone Group have bid for telecommunications licenses in Ethiopia, as wireless service providers look to tap the last remaining large market in the world.
Ethiopia will take a few days to review the technical offer and then open the financial bids, said Brook Taye, an adviser in the Finance Ministry.
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Kenya: Year of Debt Pain - Digging Kenya Out of Financial Hole
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