12 firms bid to enter Ethiopia’s telecoms market

Etisalat and STC are among 12 firms to submit an interest in acquiring a license in Africa’s second largest telecoms market
Ethiopia, Telecoms, Regulation, Licenses

Share

Ethiopia’s telecoms regulatory body has confirmed that it has received expressions of interest (EOIs) from 12 companies, including nine international telcos, for the country’s two telecommunication licenses.

The Ethiopian Communication Authority noted that it had received EOIs from some of the world’s biggest telcos, including Global Partnership for Ethiopia (a consortium of telecom operators made of Vodafone, Vodacom, and Safaricom), Etisalat, Axian, MTN, Orange, Saudi Telecom Company, Telkom SA, Liquid Telecom, Snail Mobile, and the two non-telecom operators, Kandu Global Telecommunications and Electromecha International Projects.

The Ethiopian government is set to auction off two 15 year licences to prospective mobile network operators to provide services across the country. The licences are expected to raise over $1 billion in revenues for the government.

“The prospective bidders were given one month to express their interest by submitting the requested information. In the Expression of Interest, the prospective bidders were requested to provide information on their organisational structure, global operating footprint, details of countries of operation, number of mobile phone subscribers, and other relevant information that can help the authorities assess the strength of potential bidders and determine the adequate level of qualification criteria to select the type of operators that would fit best into the Ethiopian market,” an Ethiopian Communications Authority spokesman told members of the press in an online

In addition to the two distinct licenses, the Ethiopian government will also sell off a 40 per cent stake in state owned Ethio Telecom to private, international investors, as the country begins opening up its telecoms market.

The government will also make 5 per cent of shares in the company available for purchase by the general public Ethiopia’s State Minister of Finance, Eyob Tekalign Tolina, told journalists from the Reuters news agency.

The Ethiopian government will retain ownership of the remaining 60 per cent of Ethio Telecom.

Webinar #2 | Register to attend - Intergenerational signalling consolidation for the 5G era

Join CommsMEA, Deutsche Telekom and NetNumber as they explore opportunities for intergenerational signalling consolidation for the 5G era. The webinar is free but can only be accessed by registering below in advance.

Editor's Choice

Emerson expands analytics platform for industrial enterprise-level wireless infrastructure management
Plantweb Insight platform adds two new Pervasive Sensing applications that manage wireless networks more efficiently with a singular interface to the enterprise
Digitalisation seen as a competitive advantage by Middle East private businesses
Nearly 80 per cent of private business leaders acknowledge that digitalisation can impact business sustainability
Etisalat introduces Multi-Access Edge Computing architecture delivering best-in-class video streaming performance for 5G networks
MEC architecture achieves performance gains of as much as 90% in video streaming, validating how ultra-low-latency applications will be delivered over 4G and 5G networks

Most popular

Don't Miss a Story