Wazua
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Safaricom, Equity Bank Ethiopian Connection
Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Wororo wrote:South Africa telecoms group MTN told Reuters that it was excited by the potential opening up of the Ethiopian market “as it would be a natural fit for MTN’s existing pan-African footprint.”
South African peer Vodacom said, “Vodacom has said on many occasions that Ethiopia is an attractive market so it follows that there would be interest. Naturally this is dependent on what might become available and if it fits within our investment parameters.”
Scramble for Ethiopia gains momentum... It'll definitely take years before proposals are implemented...
Who has better charm? Is it by coincidence that the ET Prime Minister chose Nairobi as his first state visit?
How is MTN doing in East Africa? Their license in UG is under review "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Member Joined: 1/30/2011 Posts: 207
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murchr wrote:Wororo wrote:South Africa telecoms group MTN told Reuters that it was excited by the potential opening up of the Ethiopian market “as it would be a natural fit for MTN’s existing pan-African footprint.”
South African peer Vodacom said, “Vodacom has said on many occasions that Ethiopia is an attractive market so it follows that there would be interest. Naturally this is dependent on what might become available and if it fits within our investment parameters.”
Scramble for Ethiopia gains momentum... It'll definitely take years before proposals are implemented...
Who has better charm? Is it by coincidence that the ET Prime Minister chose Nairobi as his first state visit?
How is MTN doing in East Africa? Their license in UG is under review
In Uganda MTN is the leader... As regards their license renewal, it'll be done albeit with conditions such as tower sharing etc In Rw, it's the leader... Their entry into KE and Tz hasn't been successful ... With regards to Ethiopia, I guess since they lead in Nigeria, which has a 120m plus mobile subscriber base, they have adequate experience...
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Rank: Elder Joined: 12/4/2009 Posts: 10,820 Location: NAIROBI
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MTN don't have GSM business in Kenya
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 1/30/2011 Posts: 207
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Ericsson wrote:
MTN don't have GSM business in Kenya
That's what I meant...
Corruption swindled their opportunity to venture into Kenya when the French did the unexpected with the powers at be...
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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It will be renewed with stipulation
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Elder Joined: 12/4/2009 Posts: 10,820 Location: NAIROBI
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Will vodacom allow safaricom to go regional and enter Ethiopia or will it confine them to Kenya only Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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murchr wrote:
It will be renewed with stipulation
MTN under siege in Uganda"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Member Joined: 1/30/2011 Posts: 207
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Too bad for MTN Ug...
It will all come to pass - just like in Nigeria...
The MTN Nigeria listing is part of an agreement with Nigerian authorities to settle regulatory violations last year. MTN has been engaging extensively with the Nigerian Stock Exchange on the structure and parameters of the listing, BusinessDay's sources said.
MTN Nigeria to list next month...
MTN Ug is also planning to list in the near future...
MTN Ug to list - RINK
Let's hope and pray MTN Business KE follows suit esp after the delisting of Access Kenya...
It's sad that one of the most money minting sector is poorly listed at the NSE...
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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 "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Elder Joined: 12/4/2009 Posts: 10,820 Location: NAIROBI
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https://newbusinessethio...com-for-three-operators/
Ethiopia to open telecom for three operators
The Government of Ethiopia, which has been on the process of privatization of telecom and opening the sector for competition, has said there will be only three competing telecom operators in the country.
Briefing reporters this afternoon, Dr. Eyob Tekalign, State Minister of Finance, indicated that in addition to Ethio Telcom, which is set to sell 49 percent of its stake for foreign operator (s), two additional foreign telecom operators will only be granted license.
Ethio telecom will be one company with two wings – service provider and infrastructure developer. A foreign company which buys 49 percent can benefit from both wings of Ethio Telecom, as the company remains one.
Infrastructure investment on telecom infrastructures is open for foreign telecom companies, according to Dr. Eyob , who stated that the sector requires huge investment amounting $2.2 billion in order to leapfrog the country into digital economy.
“…In order to make the country a startup nation communication infrastructure plays key role…If we take for instance 4G is limited to Addis Ababa at the moment…Telecom is key to build digital economy…overall impact is enormous…that is why we prioritized telecom privatization and liberalization of the sector, ” he said.
Commenting on why only two more telecom operators are allowed to enter the market with over 100 million plus population, he stated that the global experience and recent trend shows merging and small number of operators with in a given market.
He stated that in the coming few months the Ministry of Finance will invite global companies to take part by issuing request for interest. We don’t know yet which company will be selected…World bank is the one consulting us…With market big like Ethiopia we expect 50 to 60 expression of interest, he said. Currently there are 40 million mobile subscribers in Ethiopia.
The Ethiopian government has decided to end its monopoly on several sectors about a year ago deciding to partially or full liberalize major businesses such as telecom, logistics, sugar, power, industry parks and Ethiopian Airlines.
The main reason for the decision is because government only financing model didn’t succeed in making the sectors efficient, according to Dr. Eyob. Commenting on the opportunities for the local people to invest in these sectors, he indicated that the public can invest in these companies after the companies are listed on stock market in the future. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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