MTN Group confirms it will not take part in Ethiopia’s next licence tender

16 Aug 2021

South Africa-based telecoms giant MTN Group has confirmed it does not intend to take part in the Ethiopian government’s planned tender for a second new communications licence. MTN was one of two bidders for nationwide telecoms concessions offered by Ethiopia earlier this year as part of plans to liberalise its communications sector, but ultimately missed out after its bid was deemed too low.

Now, having noted that its bid for that initial licence sale ‘took into account the licence conditions as well as related uncertainties’, the South African group said that while it was disappointed to have lost out, it was ‘comfortable that [its] approach was guided by disciplined strategic and capital allocation frameworks’. With a second licence tender on the horizon, however, MTN Group confirmed: ‘The Group has decided not to participate in the new liberalisation processes underway in Ethiopia, and we thank the Ethiopian government for the opportunity to have been part of the previous process.’