ADDIS ABABA (Reuters) - Ethiopia has appointed a transaction adviser in the privatization process for state-run Ethio Telecom, and another adviser will be selected in coming weeks to oversee licensing ...

Ethio Telecom CEO Frehiwot Tamiru told a press conference in late July that the telecoms company’s revenues had grown significantly, in large part due to network expansion and a 5.8% increase in its ...

The country has appointed KPMG as adviser in the privatisation of state-run Ethio Telecom, and is seeking another for licensing. At least two new telecoms licences are to be awarded at the same time.

Foreign investors will compete for ownership of Ethiopia's electric company. The process to privatize Ethiopia’s state-owned telecom operator, Ethio, and issue two new licenses has intensified with ...

Opportunities abound for investors in Africa. The biggest pan-African operators of mobile services, such as MTN, Orange and Vodacom, are keen to invest in the privatization of Ethio Telecom in ...