More Africa NewsEthiopia: ECA confirms issuance of licence to Safaricom Telecommunications Ethiopia

July 16, 2021by myles0
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The Ethiopian Communications Authority (ECA) has confirmed it has now issued the country’s new communications licence. In a press release announcing the development, the regulator noted that, pursuant to Articles 40 and 41 of the Tender Regulations, the designated licensee – Global Partnership for Ethiopia – had been required to incorporate a local company within 45 calendar days following the designation date, while that local company was required to ‘execute the Provisional License Agreement executed by the parent company within three working days of the commercial registration date’.

Press Release: New Telecommunications Final License Issuance

Accordingly, the ECA has now confirmed that Global Partnership for Ethiopia, as the designated Licensee and parent company, has incorporated and registered its local company – Safaricom Telecommunications Ethiopia PLC – which in turn has executed the final License Agreement in due time. As a result, the regulator has granted a nationwide full-service Unified Telecommunications Service Licence to Safaricom Telecommunications Ethiopia, effective from 9 July 2021. The concession is initially valid for a term of 15 years from the Effective Date and renewable for additional terms of 15 years subject to fulfilment of all licence obligations.

Source: Commsupdate

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