Safaricom has denied reports of the company entering into the Ethiopian market. "We wish to categorically state that we are not engaged in any conversations with Ethio Telecom on this matter. Any information to the contrary is completely inaccurate," CEO Bob Collymore told The EastAfrican. Ethiopian media reported last week that the government had opened discussions with Safaricom on the sale of half of the shares of Ethio Telecom. When Ethiopian prime minister Hailemariam Desalegn visited Safaricom's headquarters in 2012, he asked for a partnership between Safaricom and Ethiopia in growing the ICT sector.

Source: Ethiopian News October 01, 2017 14:37 UTC