MTN sets its sights on Ethiopia again : vimarsana.com

MTN sets its sights on Ethiopia again


MTN sets its sights on Ethiopia again
By Dineo Faku
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AFRICA’S largest telecoms firm, MTN, was considering having another go at becoming a mobile operator in Ethiopia after losing to Kenya’s Safaricom over a week ago, the group said on Friday.
Ethiopia’s communications regulator awarded Safaricom, a member of a consortium led by Vodafone, the parent company of Vodacom, MTN’s rival, with a licence to operate telecom services in Ethiopia, Africa’s second-most populous country.
MTN chief executive Ralph Mupita told shareholders during the company’s 26th annual general meeting (AGM) held virtually on Friday that MTN would apply its mind should the Ethiopian government reissue the licence.

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