Issues expression of interest to partially privatize Ethio-telecom
16 Nov 2022
On 16 November 2022, the Government of Ethiopia announced that it will privatize 40 percent of Ethio-telecom. The partial privatization aims at creating a competitive and diverse telecom sector to achieve the digital transformation plan of the country. The process is in line with the overall reform strategy of the Government that focuses on introducing competition in the sector. It is a continuation of the first successful transaction that ensured the entry of a private sector operator in the telecommunications sector in Ethiopia. The Government believes that there will be three operators with licenses to deliver high-quality telecommunications services in a competitive sector in Ethiopia at the end of the licensing process.
-
Type:
-
Entry and establishment (Ownership and control)
-
Industry:
-
Services (Telecommunications)
-
Sources:
