BSNL loses Ethiopian Tele deal bid

Posted on the February 5th, 2010 under Acquisition, Different by Rohit

In yet another setback to its international expansion plans, Bharat Sanchar Nigam (BSNL) has lost the bid for managing telecom networks of the Ethiopian Telecommunications Corp (ETC), a state monopoly in the African nation.

“BSNL had bid aggressively for the contract, but lost to France Telecom,” sources familiar with the development told ET. They said although BSNL had made a financially better offer than France Tele, it did not qualify on some other criteria, including operational performance in the domestic market.

BSNL now eyes Ethiopian Telecom

Posted on the October 15th, 2009 under Acquisition by Rohit

Public sector telecom Bharat Sanchar Nigam (BSNL) has now set its sight on Ethiopian Telecommunications (ETC), a state monopoly in the African nation, in a bid to maximise revenues amid increasing competition in the home turf. The Indian behemoth is learnt to have expressed interest in running the networks and operations of ETC on a revenue-sharing basis after the Ethiopian government invited ‘request for special interest’ to boost IT and telecom services in the sub-Saharan country.