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Business – BBC News

Consumers will soon have a lot more choice when it comes to their mobile phone provider

The first stage in the opening up of one of the continent’s
largest telecoms markets is now complete as Ethiopia’s communications regulator
has revealed that it has received interest from 12 potential buyers of two
licences.

Up to now, state-owned Ethio Telecom has had a monopoly
on the phone and internet business in Ethiopia, which has a population of 109
million.

The introduction of competition could transform the market
and boost the number of mobile subscribers, which stood at 37 million in 2017
according to the World Bank.

In a statement, the Ethiopia Communications Authority (ECA) said
that of the 12 submissions, nine were from telecoms operators, two were from
non-telecoms companies and one was incomplete.

Among those interested are:

  • A joint South African-Kenyan-British bid from Vodafone,
    Vodacom, and Safaricom
  • South African company MTN
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Bloomberg

(Bloomberg) — Elon Musk wasn’t about to let a revenue-less manufacturer of zero-emission semi trucks steal the spotlight from Tesla Inc.The chief executive officer sent an email to employees before the market opened Wednesday declaring that it is “time to go all out” and put Tesla’s Semi into volume production. Musk didn’t give a time frame for when he expects mass output to actually happen. Just six weeks ago, Tesla said it was postponing initial deliveries to 2021, roughly two years later than initially planned.If Musk was looking to regain the attention of any investors whose eyes had wandered toward Nikola Corp., the market got the memo. Tesla’s stock surged past $1,000 for the first time, while shares of newly listed Nikola sold off after days of hype about its plans to bring battery-electric and fuel-cell haulers to market in the coming years.“This is Elon making noise because

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