Ethiopia has been talking for a long time about getting a new MNO. Finally, they may have one.
Bloomberg reported:
Ethiopia awarded a new telecommunication license to a consortium including the U.K.’s Vodafone Group Plc, paving the way for a long-awaited opening of the sector to outside investors.
The government of the Horn of Africa country had received two offers. The consortium led by Safaricom submitted a bid of $850 million, according to the prime minister. The other from MTN Group Ltd., Vodacom’s Johannesburg rival, and partners including the Silk Road Fund, a Chinese state investment group, was for $600 million.
The winners -- Vodafone, Vodacom Group Ltd., in which the British carrier has a majority stake, and Nairobi-based Safaricom Ltd. -- will invest $8.5 billion in their network during the coming 10 years, including the license fee. Others include CDC Group Plc and Sumitomo Corp.
The government of the Horn of Africa country had received two offers. The consortium led by Safaricom submitted a bid of $850 million, according to the prime minister. The other from MTN Group Ltd., Vodacom’s Johannesburg rival, and partners including the Silk Road Fund, a Chinese state investment group, was for $600 million.
A momentous day for #Ethiopia! Imagine the quality service and efficiency it will engender, the new opportunities, millions of jobs and the transformative effect to our economy! 🇪🇹🇪🇹🇪🇹🇪🇹🇪🇹🇪🇹🇪🇹🇪🇹🇪🇹🇪🇹🇪🇹🇪🇹🇪🇹 https://t.co/CCHeZq1OWF
— ብሩአታዬ Brook Taye (@btaye) May 22, 2021
Al Jazeera added:
The Safaricom-led consortium will provide 4G and 5G internet services, and by 2023 a low-orbit satellite will be put in place to provide nationwide 4G coverage, Brook said.
“A momentous day for Ethiopia!” he wrote on Twitter.
“Imagine the quality service and efficiency it will engender, the new opportunities, millions of jobs and the transformative effect to our economy!”
Ethiopia’s telecoms reforms also include a plan to sell a stake in Ethio Telecom, a move officials hope will make the firm more efficient.
It should be noted that last year, Vodafone group invested in AST & Science's SpaceMobile to Beam 4G / 5G Directly to Devices. Nick Read, CEO, Vodafone Group, said: “At Vodafone we want to ensure everyone benefits from a digital society – that no-one is left behind. We believe SpaceMobile is uniquely placed to provide universal mobile coverage, further enhancing our leading network across Europe and Africa - especially in rural areas and during a natural or humanitarian disaster - for customers on their existing smartphones.”
There is very little information on Global Partnership for Ethiopia available at the moment. This Wikipedia article has some details that will hopefully be expanded later on.
Related Posts:
- Connectivity Technology Blog: AST & Science's SpaceMobile to Beam 4G / 5G Directly to Devices
- Operator Watch Blog: Ethiopia Ready to Break Telecom Monopoly
- Operator Watch Blog: Eritrea, the last country in the world to adopt a mobile phone system
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