Ethiopia parliament to approve telecoms liberalisation law
SEE ALSO :US joins effort to salvage Sudan dealInternational telecommunications firms have shown interest in entering Africa’s second most populous nation and one of the few telecoms sectors on the continent still protected by a state monopoly. Telecoms executives have told Reuters that they are satisfied with the draft law which was circulated in December and the power it ascribes to the regulator. There is no indication as to whether the government will sell a minority stake in state monopoly Ethio Telecom or open the sector up to competition through the granting of licences to multiple operators. Ethiopia has a population of more than 100 million and Ethio Telecom boasts over 60 million mobile subscribers. Companies that have expressed interest since Abiy’s pledge to transform Ethiopia’s tightly state-controlled economy by opening up strategic sectors include France’s Orange, MTN of South Africa, Britain’s Vodafone Group, the UAE’s Etisalat and Zain of Kuwait.
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