Ethiopia Could Sell Majority Stake in State Telecom Monopoly

  • Horn of Africa country plans an initial 49% sale next year
  • Two new licenses to be auctioned next year, more could follow

Ethiopia may give up majority control over its telecommunications monopoly in a second phase of privatization once it’s sold 49% of the company next year.

The government could also issue more mobile-phone network licenses over the long term beyond the two already planned for March 2020, Balcha Reba, director-general at the Ethiopian Communications Authority, said in an interview in Addis Ababa.

Multilink Consulting