Home › Ethiopian govt offers 40% of Ethio Telecom to international operators, 5% to public
 

Keywords :   


Ethiopian govt offers 40% of Ethio Telecom to international operators, 5% to public

2020-05-27 09:49:00| Telecompaper Headlines

(Telecompaper) Ethiopia's Ministry of Finance has decided to offer a 5 percent stake in Ethio Telecom to the public, with a cap on the number of shares an individual can buy, reports Addis Fortune. The minority stake in the telecom company will be sold to thousands of Ethiopians. Forty percent of the company will be privatised to one of the international telecom operators,  and the government will retain a majority share. 

Tags: to international public offers

Category:Telecommunications

Latest from this category

All news
16.12Microsofts Agentic AI Direction for Enterprise Operations
Telecommunications »
29.12Pothole claims up 90% in three years, says RAC
29.12Decline in adoption rates at Devon animal rescue
29.12James Bond game 007 First Light delayed to May 2026
29.12HS2 goal to be running by 2033 'cannot be met'
29.12Earliest coin minted in Scotland saved for the nation after 900 years
29.12Why are young people leaving to work abroad?
29.12Many new UK drone users must take theory test before flying outside
28.12Late shopper rush drives Boxing Day sales traffic
More »