Bloomberg published an article titled "Ethiopia Could Sell Majority Stake in State Telecom Monopoly" indicating that Ethiopia may give up majority control over its telecommunications monopoly in the second phase of privatization once it’s sold 49% of the company next year. Referring Mr. Balcha Reba, director-general at the newly established Ethiopian Communications Authority, stated that the government could also issue more mobile-phone network licenses over the long term beyond the two already planned for March 2020. Liberalizing the sector will improve service quality, increase choice for customers and spur investment.
According to the same report, international carriers including Orange SA, MTN Group Ltd. and Vodafone Group Plc’s African unit are among companies that are interested in expanding in Ethiopia, seen as the last major market on the continent closed to independent operators.
Read the full article by Nizar Manek and John Bowker using this link.
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