Vodacom and MTN submit bids to operate in Ethiopia
Two major bids have been submitted to operate in Ethiopia – one from MTN Group and the other from a Vodafone-led consortium. Ethiopia will take several days to review the technical proposal and then open the process up for financial bids.
According to Brook Taye, an advisor in the Ethiopian ministry, says the country always wanted “quality providers and this is what we received. These are two African giants — the Vodacom consortium and MTN — either one or two of the operators will get a licence in Ethiopia.”
“Ethiopia provides the largest telecoms and digital services growth opportunity in Africa over the medium term and fits into our pan-African focus and platform strategy. We are being guided by our capital allocation framework in our assessment of this opportunity,” said MTN Group CEO Ralph Mupita in a statement.
Ethiopia wants to attract more foreign investment in the country, specifically in the telecoms and technology industries. The government wants to award two full-service telecoms licenses in the process, as it approaches foreign investment as a means for domestic infrastructure growth.