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Ethiopia to sell 40 percent of Ethio Telecom – Minister

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seberzena Newest Ethiopian Information Supplier
Dawit, Endeshaw ADDIS ABABA, Could 21 (Reuters) – The Ethiopian authorities will promote a 40 p.c stake in Ethio Telecom, a monopoly operator, as a part of the nation’s plans for opening one of many world’s final main closed telecoms markets, State Minister of Finance Eyob Tekalign Tolina informed Reuters. Two authorities officers briefed on the matter mentioned international companies can be invited to bid and a share of the minority stake can be bought to “the folks”, that means Ethiopian residents. The federal government will retain possession of the remaining 60 p.c. Ethio Telecom didn’t reply to requests for remark. Earlier on
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