As well as service providers, the privatisation of Ethio Telecom has attracted a number of telecom infrastructure companies such as Helios Towers, a UK based giant telecom infrastructure developer. But attempts by the ECA to bring in foreign telecom infrastructure firms have angered Ethio Telecom, whose officials argue they have spent billions of dollars on telecom infrastructure across the country in recent years. "The government has decided not to allow foreign telecom infrastructure companies. They will not be allowed to operate here," Ethio Telecom chief executive Frehiwot Tamiru told the media on Thursday. Some 12 international telecom companies had expressed interest to buy a stake in Ethio Telecom to gain a foothold in Africa's fastest growing economy.

Source: Ethiopian News August 10, 2020 12:33 UTC