Ethiopia launches tender for new telecoms licence - News Summed Up

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Ethiopia launches tender for new telecoms licence


June 30 (Reuters) - Ethiopia has launched a tender for a second new telecommunications license, its communications authority said on Friday, opening up one of Africa's largest markets to further competition. Ethiopia's telecoms industry is considered a big prize in Prime Minister Abiy Ahmed's push to liberalise the economy after he took over in 2018, thanks to a large population of about 120 million. Kenya's Safaricom (SCOM.NR) launched its mobile network in Ethiopia in October last year, becoming the first private operator alongside state-owned Ethio Telecom which had hitherto enjoyed a monopoly. "There are several positive developments occurring in the Ethiopian telecommunications sector since the beginning of the liberalization process," the Ethiopian Communications Authority said in a request for qualifications (RFQ) notice. Reporting by Duncan Miriri and Hereward Holland Editing by Alexander WinningOur Standards: The Thomson Reuters Trust Principles.


Source: Ethiopian News July 01, 2023 09:17 UTC



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