Prime Minister Abiy Ahmed (PhD) directed his macroeconomic reform team and the Privatization Advisory Council members to proceed with the process of privatizing 40 percent of Ethio-telecom as well as liberalizing the telecom market by issuing two service provider licenses.
After much speculation surrounding the privatization of Ethio-telecom, a telecom monopoly in Ethiopia, the Ethiopian Telecommunications Authority (ECA) has invited potential bidders to express their interest in acquiring a stake in the state-owned giant, which is projected to fetch billions of dollars to the cash strapped Ethiopian economy.
The Ethiopian Center for Disability and Development (ECDD), co-founded by disability rights activist, Yetnebersh Nigussie and Bob Ransom, a former ILO Disability Specialist – is set up to help some of the leading corporations, including Ethio-Telecom to fulfill their Corporate Social Responsibility (CSR) mantra.
Ethio-Telecom and ZTE, the Ethiopian arm of the Chinese state-owned enterprise have been shortlisted for the European Broadband award. The award handed by the European Commission is meant to recognize broadband infrastructures around the world.