Ethiopia plans to split telecoms monopoly in two to spur competition | Top News


ADDIS ABABA (Reuters) – Ethiopia plans to sell a 30 to 40 percent stake in its state-run telecoms monopoly to big telecoms companies and will split the company in two to spur competition, Prime Minister Abiy Ahmed said on Monday.

Ethiopia’s Prime Minister Abiy Ahmed addresses the members of parliament inside the House of Peoples’ Representatives in Addis Ababa, Ethiopia April 19, 2018. REUTERS/Tiksa Negeri/File Photo

Selling stakes in its lucrative telecoms monopoly and other assets could open Ethiopia, one of the world’s largest untapped markets, to huge potential investments by firms…



Read More Here

Be the first to comment on "Ethiopia plans to split telecoms monopoly in two to spur competition | Top News"

Leave a comment

Your email address will not be published.


*