MTN Ethiopia
MTN is Selling its South African Towers
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit “Cookie Settings” to provide a controlled consent. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.
Ethiopian Government Selling a 40% Stake in Ethio Telecom
Image sourced from Africanews. The Ethiopian government has announced a new tender process to begin the sale of a 40% stake in the state-owned telecommunications company, Ethio Telecom. The sale is still in its very early stages with the selection of a successful bidder expected only at the end of a significantly lengthy process. According to reports, the government plans to retain a 55% stake in the operator while the remaining 5% will be offered to domestic investors through an initial public offering. This new proposed sale of a large minority stake in the telecom comes as part of the Ethiopian government’s plan to liberalise the country’s monopoly in its telecom sector. Another key piece of the plan is for two foreign carriers to be granted licenses to operate in the vast, nearly-untap...
MTN Plans to Build New ICT Centre in Ghana
Sourced from TheTechieGuy (https://thetechieguy.com/) MTN Group CEO Ralph Mupita has made a three-day visit to Ghana and launched major projects that the operator aims to achieve by 2022, Ecofin reported. It intends to improve and expand network infrastructure to bring quality telecom services to rural areas and supporting Ghana’s QR code project and other digital initiatives such as combating cyber-attacks and developing women’s participation in ICT, he said. Mupita also revealed MTN’s intention to build an ICT centre in Ghana and finalise the opening of 30% of MTN Ghana’s capital to local investors by the end of the year. MTN plans to open up 30% of the capital MobileMoney by January 2022, too. Since March, the company has initiated a strategic repositioning to attract third-party capita...
MTN Group Eyes Second Ethiopian Operating Licence
MTN Group CEO, Ralph Mupita has revealed that the telco would consider bidding for the second Ethiopian operating licence after initially losing to Safaricom. “We took an approach that the opportunity, as strategic as it was, needed to meet our capital allocation framework and the hurdles that we saw given the licence conditions. We were particularly focused on the lack of mobile money in the licencing regime, and there were some issues around how the telco constructs would be accommodated within Ethiopia. We certainly priced for those things and near-term risks that we saw, and we felt that the financial bid there was appropriate.” He says that although it was disappointing that they did not win the initial bid, they may take another shot at it. “There are views that the Ethiopian authori...
