Safaricom has opened talks with undisclosed investors to form a consortium that will this year bid for one of two Ethiopian telecoms licences due to the high entry costs that are likely to breach the Ksh100 billion ($1 billion) mark.

For more information, please see https://www.theeastafrican.co.ke/business/Safaricom-seeks-partners-for-Ethiopia-entry/2560-5459986-34na6j/index.html