MTN to bid again for Ethiopia telecoms licence if mobile money included - CEO

The MTN Group will bid again for a Ethiopia operating telecom licence in the second round if mobile financial services are included, its CEO said on Friday after losing the first round.

MTN Uganda, which is majority owned by SA's MTN Group, listed its shares on the Uganda Securities Exchange (USE) in December.
MTN Uganda, which is majority owned by SA's MTN Group, listed its shares on the Uganda Securities Exchange (USE) in December. (Siphiwe Sibeko)

The MTN Group will bid again for a Ethiopia operating telecom licence in the second round if mobile financial services are included, its CEO said on Friday after losing the first round.

Last month Ethiopia's telecommunications regulator announced that it awarded one operating licence to a consortium led by Kenya's Safaricom, Vodafone, and Japan's Sumitomo.

-Reuters

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