Ethiopia is expected to assess the bids within a one-month window and announce the successful firms by May.
Safaricom #ticker:SCOM has made a formal bid to get a licence to operate in Ethiopia — one of the world's last major closed telecoms markets, the company announced on Monday.
In a notice to shareholders, the telco said it is submitting its proposal through a consortium it is leading with its parent firms Vodafone and Vodacom, British development finance agency CDC Group and Japan's Sumitomo Corporation.
