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Econet Global mulls Ethiopian acquisition of mobile licence

2020-02-25 09:57:00| Telecompaper Headlines

(Telecompaper) Econet Global is keen to acquire a telecommunications licence in Ethiopia, which is opening up the industry to foreign investment for the first time, Bloomberg reported. A spokesman said Econet, through a number of its subsidiaries, is actively developing interests in Ethiopia. He said that given that there is a competitive process for new licences, it would not be appropriate at this stage to discuss Econet's positioning. 

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