Safaricom Gets Ethiopian License

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Lister
I think they got shafted and overpaid.

The Ethiopian government outsmarted them.

It is similar to leasing out my land to you at an exorbitant price, then dictating how much tax you will pay me, what you will farm, how much you must invest on the farm (which if you don't there is a hefty fine in the contract), who you must hire, etc.
 

Luther12

Elder Lister
I think they got shafted and overpaid.

The Ethiopian government outsmarted them.

It is similar to leasing out my land to you at an exorbitant price, then dictating how much tax you will pay me, what you will farm, how much you must invest on the farm (which if you don't there is a hefty fine in the contract), who you must hire, etc.

All of which translates to an expensive product to the customer.
 

Memes

Lister
This is a good expansion for Safaricom but now they will have to up their game because of the increased demand of their services.
 

Loudsound

Lister
Its good that they are expanding but are they not worried about the insecurity situation there at the moment?
 
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