Ethiopian government suspends entry of foreign telecom infrastructure firms

Tuesday 11 August 2020 | 09:45 CET | News

The Ethiopian government has suspended the entry of foreign telecom infrastructure companies to the country, The EastAfrican reported. The decision may not affect foreign telecom service providers and operators that have submitted expressions of interest in buying a stake in Ethio Telecom, it added. The decision came after the government reviewed the list of companies intent on buying a 40 percent stake in the monopoly provider.

As well as service providers, the privatisation of Ethio Telecom has attracted a number of telecom infrastructure companies such as Helios Towers. Sources at Ethio Telecom told The EastAfrican that several foreign telecom infrastructure companies had approached Ethiopian authorities with intentions to build new telecom infrastructure and ultimately lease telecom towers and rent other facilities for incoming companies.

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