Ethiopia restarts sale of Ethio Telecom stake, new telecoms licence

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Ethiopia revives sale of Ethio Telecom stake, new telecoms licence

The telecoms industry is seen as the big prize in Prime Minister Abiy Ahmed's push to free up the economy, but efforts to lure investment have been hit by a nearly two-year war in northern Tigray that has killed thousands and uprooted millions.

Ethiopia's Communication Authority said it had also revived plans to issue a second full-service telecoms licence, for a third telecoms company. The regulator was inviting potential bidders and any interested parties to participate in a consultation process, it added.

 

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