This new development comes just three weeks after the Ethiopian Communications Authority (ECA) suspended the country’s telecom privatisation plans. The ECA had earlier announced plans to sell a 40% minority stake in the state-owned telco, Ethio Telecom. In August post-COVID-19, Ethiopia surprisingly stalled plans to continue with its privatisation plans for undisclosed reasons. Suggested read: Telecom Monopoly in Ethiopia To Continue as Authorities Suspend Privatisation PlansThe country’s privatisation plans are now back underway, and if successfully implemented, will bring an end to the decade-long telecom monopoly by the state-owned Ethio Telecom. An alternative for Ethio’s Dissatisfied SubscribersBetween 2018 and 2019, Ethio lost up to 22.5 million subscribers and only regained 2.5 million subscribers this year.

Source: Ethiopian News September 11, 2020 11:03 UTC