ETC to be partially privatised in 2005

18 Feb 2005

The US government has announced that it will help Ethiopia to sell off 49% of state-owned incumbent telco Ethiopia Telecommunication Corporation (ETC) in mid-2005. Ethiopia has been looking to privatise ETC for several years, with a number of companies having expressed an interest in acquiring the stake. The US government said it will provide any assistance needed for the privatisation process.

Ethiopia, Ethio Telecom