The Council of Ministers Saturday decided to grant a new nationwide telecom license for Global Partnership for Ethiopia – a consortium of telecom operators made of Vodafone, Vodacom, Safaricom, Sumitomo Corporation, and the CDC Group.
“The Council of Ministers has unanimously made a decision today allowing Ethiopian Communications Authority to grant a new nationwide telecom license to the Global Partnership for Ethiopia which offered the highest licensing fee and a very solid investment case,” Prime Minister Abiy Ahmed twitted on Saturday.
“With over $8 billion total investment, this will be the single largest FDI into Ethiopia to date,” Abiy said in a twitter post.
“Our desire to take Ethiopia fully digital is on track. I would like to thank all that have taken part in this and for pulling off a very transparent and effective process,” he added.
Ethiopian Communications Authority congratulated the Global Partnership for Ethiopia announcing the beginning of a new era in the country to provide better quality communication service to citizens and businesses. Video: