Safaricom shareholders have approved the telco’s proposal to set up its Ethiopian subsidiary—Safaricom Telecommunications Ethiopia Plc. PHOTO | FILE | NMG
Safaricom shareholders have approved the telco’s proposal to set up its Ethiopian subsidiary—Safaricom Telecommunications Ethiopia Plc—that is expected to start operations next year.
The subsidiary was set up early July after the consortium—The Global Partnership for Ethiopia—led by the Kenyan-based mobile phone operator was awarded the permit to operate telecommunication services in Africa’s second most populous nation.
