Two international telecom operators will be joining the Ethiopian telecom market shortly, a senior official has said.State Minister of Finance, Dr Eyob Tekalign on Friday said Ethio-telecom is negotiating with two international telecom operators which will be taking 49 percent of the country’s telecom business while the 51 percent of shares will be controlled by the government. “Ethio telecom will be one company with two wings – service provider and infrastructure developer. “World bank is the one consulting us…With market big like Ethiopia we expect 50 to 60 expression of interest, he said. Currently there are 40 million mobile subscribers in Ethiopia, he added. The state minister declined to mention the names of the two international telecom operators.

Source: Ethiopian News July 05, 2019 20:03 UTC