MTN Group considers Ethiopian market again

Tuesday 1 June 2021 | 09:47 CET | News
MTN Group says its considering having another go at becoming a mobile operator in Ethiopia, after losing to Kenya's Safaricom-led consortium, reports Business Report, citing MTN CEO Ralph Mupita during the company's 26th annual general meeting (AGM). Mupita said the Ethiopian authorities are expected to reissue the licence with mobile money, and "if they do that and do it and in a relatively short period of time, we will apply our minds on the issue, we have not made a firm decision on that."

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Categories: Mobile & Wireless
Companies: MTN / Safaricom / Vodacom / Vodafone
Countries: Ethiopia
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


MTN Group appoints Awobodu as digital and fintech CFO

Published 07 Oct 2021 09:59 CET | Africa
MTN Group has announced the appointment of Adekunle Awobodu as its new chief financial officer for digital and financial ...

Ethiopia seeks bids for partial privatisation of Ethio Telecom

Published 14 Sep 2021 16:13 CET | Ethiopia
Ethiopia has released a request for proposal for the partial privatisation of Ethio Telecom, inviting proposals from interested ...

EU watchdog approves Vodafone, Safaricom venture for Ethiopia

Published 08 Sep 2021 13:26 CET | Ethiopia
The European Commission (EC) has cleared a joint venture created between Safaricom and its parent firm Vodafone to enter the ...

MTN may not resubmit bid for Ethiopian licence amid military conflict - report

Published 06 Aug 2021 10:16 CET | Ethiopia
MTN Group says it may not resubmit a bid for the sale of a second telecom licence in Ethiopia amid the conflict there, Bloomberg ...

Ethiopian govt to reopen bids for second telecoms licence, to include mobile money

Published 03 Aug 2021 10:27 CET | Ethiopia
Ethiopia will reopen bidding for its second telecoms operator licence in August, Reuters reported, citing two senior government ...

MTN picks suppliers for OpenRAN roll-out in Africa

Published 16 Jun 2021 11:37 CET | Africa
MTN Group says it is using its footprint across Africa to test and ultimately deploy OpenRAN. OpenRAN allows for disaggregation ...

Safaricom consortium pays Ethiopian licence fee

Published 08 Jun 2021 11:07 CET | Ethiopia
The consortium led by Safaricom has paid the USD 850 million licence fee needed to start providing telecom services in Ethiopia, ...

MTN declares progress towards fintech and fibre spin-offs, targets 100 mln fintech subscribers in 5 years

Published 08 Jun 2021 10:06 CET | Africa
MTN Group has presented a plan to create a fintech operating company by the end of the first quarter of 2022 and sign up 100 ...

Safaricom drops interest in Ethio Telcom after securing licence

Published 26 May 2021 10:14 CET | Kenya
Kenyan operator Safaricom says it is no longer interested in a stake in Ethiopia's state-owned Ethio Telecom after a consortium ...

Safaricom forms Vodafamily Ethiopia Holding

Published 26 May 2021 10:10 CET | Ethiopia
Kenyan operator Safaricom has disclosed the exact ownership structure of the consortium that on 22 May won a licence to enter the ...

Global Partnership for Ethiopia plans to start providing services in 2022

Published 25 May 2021 15:17 CET | Ethiopia
The Global Partnership for Ethiopia, which has been awarded a licence to operate telecom services in Ethiopia, says it aspires to ...

Safaricom-led consortium wins Ethiopian telecom licence for USD 850 mln

Published 24 May 2021 09:56 CET | Ethiopia
The Ethiopian Communications Authority (ECA) has announced that it has awarded an operating licence to the consortium Global ...

Safaricom raises controlling stake in Ethiopian licence bidder to 56%

Published 19 May 2021 10:08 CET | Ethiopia
Kenyan operator Safaricom has raised its controlling stake in Global Partnership for Ethiopia, the consortium that has made a bid ...

Ethiopian govt plans to allow new telecom entrants to offer mobile money services - report

Published 05 May 2021 10:24 CET | Ethiopia
Ethiopia has pledged to allow prospective owners of new telecom licences to offer mobile banking services at some point after ...

MTN Group says bid for telecoms licence in Ethiopia aligns with Ambition 2025 strategy

Published 27 Apr 2021 10:37 CET | Ethiopia
MTN Group confirmed that it is participating with equity partners in a bid for a telecoms licence in Ethiopia. MTN said this ...

Ethiopian regulator receives bids for operating licences from MTN, Vodafone consortium

Published 26 Apr 2021 14:54 CET | Ethiopia
The Ethiopian telecoms regulator said that it has received two bids for telecommunications licences from the MTN Group and a ...

Ethiopian govt may reconsider telecoms licence sale if offers too low

Published 04 Mar 2021 09:39 CET | Ethiopia
Ethiopia has a set amount that it expects to receive from the part-privatisation of the country's telecommunications industry, ...

Ethiopian regulator extends deadline for telecom licence bids to 05 April

Published 02 Feb 2021 15:05 CET | Ethiopia
Ethiopia has extended the deadline for telecoms firms to bid for new operating licences to 05 April after requests from ...

US DFC lends USD 500 mln to Vodafone consortium for Ethiopian bid, USD 300 mln to Liquid Telecom

Published 15 Dec 2020 09:36 CET | Ethiopia
The US government's international Development Finance Corporation (DFC) has released USD 500 million to back a consortium of ...

Ethiopian govt plans to invite bidders for Ethio Telecom and two mobile licences in October

Published 25 Sep 2020 09:28 CET | Ethiopia
The Ministry of Finance of Ethiopia says it will invite international telecom operators in October to bid for 40 percent of Ethio ...

Ethiopian govt sets February 2021 deadline to complete partial privatisation of telecoms industry

Published 11 Sep 2020 10:05 CET | Ethiopia
Ethiopia has set a new deadline of February 2021 to complete the partial privatisation of its telecommunications industry, ...

MTN Group plans to sell stake in Jumia - report

Published 06 Aug 2020 09:39 CET | Africa
MTN Group is planning to sell part or all of its USD 243 million interest in Jumia Technologies as it seeks to pay down debt and ...

Ethiopian regulator receives 12 bids for 2 telecoms licences

Published 29 Jun 2020 09:29 CET | Ethiopia
The Ethiopian Communications Authority (ECA) said twelve foreign companies have submitted bids for two new ...

Orange formally expresses interest in Ethiopian market by deadline

Published 25 Jun 2020 10:22 CET | Ethiopia
Orange Group has reaffirmed its interest in Ethiopia's telecoms market, as the call for expressions of interest (EOI) by the ...

Vodafone seeks partners in bid for Ethiopia licence

Published 22 Jun 2020 15:01 CET | Ethiopia
Vodafone has started forming partnerships ahead of making an offer for the new licenses to be awarded by Ethiopia, which is ...