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Kenya's Safaricom, partners aim to start Ethiopia operations

Kenya's Safaricom, partners aim to start Ethiopia operations in 2022


Kenya's Safaricom, partners aim to start Ethiopia operations in 2022
Reuters"> By Reuters - 24 May 2021 - 16:33
A Safaricom consortium has revealed plans to start operations in 2022.
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A consortium led by Kenyan telecoms operator Safaricom aims to start operations in Ethiopia next year, it said on Monday, after winning a licence on Saturday.
The consortium, which also includes South Africa's Vodacom and Britain's Vodafone, won the licence with a bid of $850 million, government officials in Addis Ababa said on Saturday.
"The partners ... will establish a new operating company in Ethiopia which aims to start providing telecommunication services from 2022," they said in a joint statement.

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