{"id":211038,"date":"2023-11-14T17:16:05","date_gmt":"2023-11-14T23:16:05","guid":{"rendered":"https:\/\/ethiopanorama.com\/?p=211038"},"modified":"2023-11-14T17:16:05","modified_gmt":"2023-11-14T23:16:05","slug":"ethiopia-fails-to-attract-any-bids-for-third-telecom-license-bloomberg-0301","status":"publish","type":"post","link":"https:\/\/ethiopanorama.com\/?p=211038","title":{"rendered":"Ethiopia Fails to Attract Any Bids for Third Telecom License\u00a0&#8211; Bloomberg\u00a003:01\u00a0"},"content":{"rendered":"\n<p class=\"\"><a href=\"https:\/\/www.bloomberg.com\/?source=eyebrow\">Business<\/a><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"\">African nation permitted Safaricom to operate services<\/li>\n\n\n\n<li class=\"\">MTN\u2019s bid for the second license was rejected by Ethiopia<\/li>\n<\/ul>\n\n\n\n<p class=\"\">By&nbsp;<a href=\"https:\/\/www.bloomberg.com\/authors\/ASpwJBbCa-c\/loni-prinsloo\">Loni Prinsloo<\/a>&nbsp;and&nbsp;<a href=\"https:\/\/www.bloomberg.com\/authors\/AVQgwR12Lio\/fasika-tadesse\">Fasika Tadesse<\/a><\/p>\n\n\n\n<p class=\"\">November 14, 2023 at 2:09 AM EST<\/p>\n\n\n\n<p class=\"\">Ethiopia failed to attract any bids for a third wireless license, according to people with knowledge of the matter, amid concerns about conflict in parts of the Horn of Africa nation.<\/p>\n\n\n\n<p class=\"\">The process to sell a permit is likely to be put on hold, said the people who asked not to be identified because the information isn\u2019t public yet. Ethiopia sold a license to a group led by Kenya\u2019s&nbsp;<a href=\"https:\/\/www.bloomberg.com\/quote\/SAFCOM:KN\" target=\"_blank\" rel=\"noreferrer noopener\">Safaricom Plc<\/a>&nbsp;in 2021, and subsequently rejected&nbsp;<a href=\"https:\/\/www.bloomberg.com\/quote\/MTN:SJ\" target=\"_blank\" rel=\"noreferrer noopener\">MTN Group Ltd.<\/a>\u2019s $600-million bid for another permit.<\/p>\n\n\n\n<p class=\"\">Ethiopia\u2019s plan to lure investors is being stymied by concerns about instability in several regions of the most-populated nation in Africa after Nigeria, a year after it emerged from a civil war.<\/p>\n\n\n\n<p class=\"\">Despite a cease-fire deal between Prime Minister&nbsp;Abiy Ahmed\u2019s government and the Tigray People\u2019s Liberation Front, a United Nations panel last month&nbsp;<a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-10-03\/un-panel-warns-of-high-risk-of-further-atrocities-in-ethiopia\" target=\"_blank\" rel=\"noreferrer noopener\">said<\/a>&nbsp;the nation faces a high risk of further atrocities because of instability in several regions.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><th><\/th><\/tr><tr><td><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"\">Hinjat Shamil, a senior adviser at the Ministry of Finance who\u2019s overseeing the bidding process, didn\u2019t answer calls seeking comment.<\/p>\n\n\n\n<p class=\"\">The Safaricom group that included the UK\u2019s&nbsp;<a href=\"https:\/\/www.bloomberg.com\/quote\/VOD:LN\" target=\"_blank\" rel=\"noreferrer noopener\">Vodafone Group Plc<\/a>&nbsp;and its African unit&nbsp;<a href=\"https:\/\/www.bloomberg.com\/quote\/VOD:SJ\" target=\"_blank\" rel=\"noreferrer noopener\">Vodacom Group Ltd.<\/a>, has spent $1.6 billion to start operations in Ethiopia.<\/p>\n\n\n\n<p class=\"\">State-run Ethio Telecom, the nation\u2019s biggest telecommunication company, already holds a license.<\/p>\n\n\n\n<p class=\"\">(Adds details of first licensee in final paragraph.)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Business By&nbsp;Loni Prinsloo&nbsp;and&nbsp;Fasika Tadesse November 14, 2023 at 2:09 AM EST Ethiopia failed to attract any bids for a third wireless license, according to people with knowledge of the matter, amid concerns about conflict in parts of the Horn of Africa nation. The process to sell a permit is likely to be put on hold, [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[19],"tags":[],"class_list":["post-211038","post","type-post","status-publish","format-standard","hentry","category-19"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/ethiopanorama.com\/index.php?rest_route=\/wp\/v2\/posts\/211038","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ethiopanorama.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ethiopanorama.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ethiopanorama.com\/index.php?rest_route=\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/ethiopanorama.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=211038"}],"version-history":[{"count":1,"href":"https:\/\/ethiopanorama.com\/index.php?rest_route=\/wp\/v2\/posts\/211038\/revisions"}],"predecessor-version":[{"id":211039,"href":"https:\/\/ethiopanorama.com\/index.php?rest_route=\/wp\/v2\/posts\/211038\/revisions\/211039"}],"wp:attachment":[{"href":"https:\/\/ethiopanorama.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=211038"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ethiopanorama.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=211038"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ethiopanorama.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=211038"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}