Nation awards new telecom licences to Global Partnership for Ethiopia

Addis Ababa, May 22, 2021 (FBC) -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.

“With over $8 billion total investment, this will be the single largest FDI into Ethiopia to date,” the Prime Minister 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 for its part congratulated Global Partnership for Ethiopia for being selected as a winner of a new telecom service provider.

The authority said “this marks the beginning of a new era in our country and the government’s commitment for a quality communication service to citizens and businesses.”