The Weekly Beat: July 12, 2021

As Ethiopia opens up its Telecommunications space, bidders rushed to the Eastern African nation to get a piece of the pie as the nation seeks to open up the lucrative telecoms sector. After the first round of bids, Ethiopia awarded a telecoms licence to a consortium led by Kenya's Safaricom. However, what does this mean for bidders like MTN who lost out on the licence in this bidding round?