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Safaricom Continues Eyeing Ethiopian Market

safaricom-logoSafaricom, Kenya’s largest mobile phone operator, is following up its plan to enter the Ethiopian market, its outgoing chief executive disclosed. The telecom company, listed on the Nairobi Securities Exchange (NSE), is "betting" on privatization plans Ethiopia has announced for the state monopolized sole telecom provider in Ethiopia, Ethio Telecom, and sale of additional two telecom licenses.

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