Ethio Telecom privatization
Deconstructing the privatization scam – A very British disease
By Kebour Ghenna – In Ethiopia, the next big item for sale is the Ethio Telecom. The Prime Minister is excited about it, his advisors are committed to it, and the World Bank is doing the advising. The justification for privatization, in this case, the transfer of public asset to international private investors, is that these private companies do better work, cheaper and more efficiently than the government.
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Report forecasts record high telecom investment in Africa
Following Ethiopian Government decision to liberalize its telecom market by partly privatizing the state owned telecom service provider – Ethio Telecom, South Africa based TMT Finance forecasts a record high growth in telecom investment in Africa in 2019.
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Ethio Telecom gets priority for privatization
Ethio Telecom, the state monopoly telecom service provider in Ethiopia is set to be among the first state enterprises set for partial privatization.
Ethio Telecom collects $593 million revenue
Ethiopia’s state monopoly telecommunication service provider, Ethio Telcom, has earned 16.71 billion birr revenue ($593 million at the current exchange rate) in the first six months of Ethiopia’s fiscal year started July 8, 2018.
Ethiopia telecom privatization grabs Germany’s T-Systems attention
The German Development Cooperation Minister, Gerd Muller, who is on official visit to Ethiopia, says German’s telecom giant, T-Systems operated by Deutsche Telecom Group is interested to joint venture with Ethio Telecom.
Read moreEthiopia telecom privatization grabs Germany’s T-Systems attention