Competition about to ramp up in the Ethiopian telecoms sector - News Summed Up

Competition about to ramp up in the Ethiopian telecoms sector


After decades of operating as a monopoly in Ethiopia, state-owned Ethio Telecoms will experience more competition now that the government is privatising the sector. The Ethiopian government has disclosed that it will launch a tender for a new international telecoms licence in June. According to Balcha Reba, director general of the Ethiopian Communication Authority (ECA), "more details will be released when we approach the launch date". Opening up the Ethiopian telecoms marketDecades after the state-owned Ethio Telecoms operated as a monopoly in the country, the government—in 2019—disclosed it will award two telecom licenses to multinational mobile companies. Recently, the government also announced its plan to sell 45% of its telecom Ethio Telecom, a figure up from the 40% sale announced in November 2022.


Source: Ethiopian News May 31, 2023 04:18 UTC



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