VODACOM:  11,428   0 (0.00%)  21/08/2019 00:00

Angola annuls winning tender for 4th telecoms operating license - presidency

LUANDA, April 18 (Reuters) - Angola's President João Lourenço annulled on Thursday the winning tender for the country’s fourth telecoms operating license and ordered it be re-run to ensure "a clean and transparent process," his office said.

The move comes less than a week after an unknown Angolan company, Telstar Telecomunicacoes, won the tender first announced shortly after Lourenço's inauguration in 2017 and heralded then as part of an opening up of one of Africa's most closed economies. (Reporting by Stephen Eisenhammer Editing by Alexandra Hudson)

First Published: 2019-04-18 17:23:41
Updated 2019-04-18 17:28:46


© 2019 Thomson Reuters. All rights reserved. Reuters content is the intellectual property of Thomson Reuters or its third party content providers. Any copying, republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. Thomson Reuters shall not be liable for any errors or delays in content, or for any actions taken in reliance thereon. "Reuters" and the Reuters Logo are trademarks of Thomson Reuters and its affiliated companies.