Ethiopia is planning to award telecom licenses to multinational mobile companies by the end of the year, according to Reuters sources.
The move, which will end a state monopoly and open up Africa’s second-most populous country, could see a sale of a minority stake in state-owned Ethio Telecom, the granting of new licenses to multiple telecoms operators or a combination of both.
With a bidding process for licenses likely to happen in September, the government would expect the winning companies to start operations next year, initially using Ethio Telecom’s infrastructure to run their networks, the sources to Reuters.
Telecom giants, Vodafone, MTN, Orange and Etisalat are likely to be among the leading contenders vying for entry into the Ethiopian market.
Ethiopia is planning to issue telecom licenses by year-end was originally published in Techloy | African technology news and startup coverage on Medium, where people are continuing the conversation by highlighting and responding to this story.