Airtel Africa will not participate in the long awaited bid for telecoms licensing in Ethiopia, focusing rather on growing in the markets where it already operates on the continent and will not bid for licenses in Ethiopia, where the nation of 110 million people is opening up its telecoms sector, the company’s Chief Executive Officer Raghunath Mandava has said.
Ethiopia, Africa’s second most populous nation, one of the last remaining closed telecoms markets on the continent, plans to sell a minority stake in state-owned Ethio Telecoms within nine months and is tendering for two new licences, a process that was expected to start last month.
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But Airtel Africa Plc CEO said that the Africa-focused telecoms company sees more room to grow in the 14 countries it has already invested in, including in its biggest market in Nigeria, the continent’s most populous nation.
India’s telecom sector, in the efforts of enabling policies including more quantum of the spectrum, is set to establish new benchmarks in the next-generation network deployments and service delivery.
Kelechi Deca
Kelechi Deca has over two decades of media experience, he has traveled to over 77 countries reporting on multilateral development institutions, international business, trade, travels, culture, and diplomacy. He is also a petrol head with in-depth knowledge of automobiles and the auto industry