Tag: Ethiopia mobile license


Dizzy Maths: Inside The Safaricom Ethiopia Mobile License Deal

According to a document released on 25th May 2021, Safaricom, Kenya’s leading mobile operator,  will own majority (55.7%) shares in the arrangement ahead of a number of companies that partnered to bid for Ethiopia’s telecoms license, giving the firm control of the consortium. The consortium on 22nd May won the licence to enter the new market at a cost of $850 million (Ksh85 billion).

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