The firm said that Safaricom Telecommunications Ethiopia had covered much ground including hiring 300 personnel for the operation, with the number of employees expected to grow to over 1,000 by next year. In its venture in Ethiopia, Safaricom has partnered with Vodacom, Vodafone, Sumitomo Corporation and British International Investment (formerly CDC Group). Ndegwa said Safaricom Ethiopia is well staffed to start operations, including having in place a management team and a board of directors. Rival telcos usually get into such commercial deals that ease the burden of network rollout. "On April 13 (this year) we reached in-principle agreement with Ethio Telecom on the key terms at a meeting convened by the ECA.

Source: Ethiopian News May 13, 2022 08:00 UTC