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Ethiopia's Ethio Telecom to launch mobile money service

www.reuters.com Consortium led by Safaricom wins Ethiopian operating licence

Ethiopia's telecommunications regulator awarded one operating licence to a consortium led by Kenya's Safaricom (SCOM.NR) Vodafone (VOD.L), and Japan's Sumitomo (8053.T) Brook Taye, a senior adviser at the finance ministry, said on Saturday.

Consortium led by Safaricom wins Ethiopian operating licence

Ethio's telebirr will provide services such as cash transfers and payments through customers' mobile phones.

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