Home Business Ethiopia invites bidders for 40pc stake in Ethio Telecom

Ethiopia invites bidders for 40pc stake in Ethio Telecom

A woman walks past an Ethio Telecom office in Ethiopia's capital, Addis Ababa, November 9, 2015. Ethiopia's state-run telecoms monopoly will launch a tender in December or January to help the company upgrade infrastructure and expand its mobile phone coverage by about 72 percent, the company's chief executive said. REUTERS/Tiksa Negeri - GF20000052084
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Nation | by Tesfa-Alem Tekle


Ethiopia has invited private investors to bid for shares in the proposed sale of a 40 per cent stake in the state-owned telecommunications service provider Ethio Telecom.

The RFP (request for proposal) is open to all interested parties and is not limited to companies that had previously submitted an expression of interest…

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