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Ethiopia to sell 40 percent of Ethio Telecom – Minister

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ZeHabesha 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 instructed Reuters. Two authorities officers briefed on the matter stated international corporations will likely be invited to bid and a proportion of the minority stake will likely be bought to “the folks”, which 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
The submit Ethiopia to promote 40 p.c of Ethio Telecom – Minister appeared first on ZeHabesha Newest Ethiopian Information Supplier 24/7.

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