Safaricom rules out price war in Ethiopian market

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Safaricom PLC CEO Peter Ndegwa. PHOTO | DIANA NGILA | NMG

Safaricom has ruled out price competition in the Ethiopian market to win customers from Ethiotel, which was previously the only mobile telephony company in the Horn of Africa country.

The telco says it will instead keep its prices for voice and data within the ranges of Ethiotel — the Ethiopian government-owned telco that operated as a monopoly before Safaricom’s entry last October.

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