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Ethiopia Is Set To Give Telecommunications License to Multinational Companies

The Ethiopian government will grant a Telco license to multinational cellular companies later this year. Government officials have seen several potential options, including selling minority shares in Ethio Telecom, granting new licenses to several telecommunications operators or a combination of both.

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Meanwhile, parliament has approved a law to create an independent telecommunications regulator. This happened when the country continued with plans to break up the state-owned Ethio Telecom monopoly and allow non-domestic investors to enter the sector.

The Minister of Innovation and Technology, Getahun Mekuria, announced the move on social media, adding it was a “big step” in reforming the telecommunications sector. Senior executives from MTN Group and Vodacom have previously voiced ambition to move to Ethiopia.

Getahun also announced during the one-week innovation exhibition held last week that the government plans to provide internet connectivity to more than 1000 Woreda throughout the country.

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