Workers wearing protective face masks stand at the entrance to a Safaricom Plc store in central Nairobi, Kenya. Ethiopia has granted an operating licence to a consortium of firms including Kenya’s Safaricom, Vodafone and Vodacom, officials said, a move that will end the state’s monopoly over its stunted telecoms sector. — Bloomberg
ADDIS ABABA: Ethiopia has granted an operating licence to a consortium of firms including Kenya’s Safaricom, Vodafone and Vodacom, officials said Saturday, a move that will end the state’s monopoly over its stunted telecoms sector.
The consortium bid US$850mil (RM3.52bil) for the licence, senior finance ministry adviser Brook Taye told AFP.
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