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At present its Addis Ababa-based factories and tannery to the south of the city employ about 1,200 locals, a number expected to grow to about 5,000 within five years. A fourth factory has already been built, and is waiting to be occupied.
"While there are many details that need to be resolved, thisis a significant breakthrough toward meeting the goal oflicensing this spectrum, paired with 2155-2180 MHz, by February2015," said Steve Sharkey, director of government affairs fortechnology and engineering policy at T-Mobile USA.
Caution has gripped the markets as a political showdownlooms in Washington over budget talks, and as investors try todecipher a string of comments from Federal Reserve officials over the future of its stimulus programme.
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