{"id":82379,"date":"2020-09-25T10:27:44","date_gmt":"2020-09-25T10:27:44","guid":{"rendered":"https:\/\/www.mobileworldlive.com\/?p=297377"},"modified":"2020-09-25T10:27:44","modified_gmt":"2020-09-25T10:27:44","slug":"ethiopia-set-to-move-on-delayed-incumbent-stake-sale","status":"publish","type":"post","link":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/2020\/09\/25\/ethiopia-set-to-move-on-delayed-incumbent-stake-sale\/","title":{"rendered":"Ethiopia set to move on delayed incumbent stake sale"},"content":{"rendered":"

<\/p>\n

\tEthiopia\u2019s authorities outlined plans to kick-off the process for the sale of a 40 per cent stake in Ethio Telecom next month and conclude it in early 2021, alongside issuing two new licences, Ethiopian News Agency reported.<\/p>\n

Citing comments made by the country\u2019s Ministry of Finance, the news agency said the 40 per cent stake would likely be sold to international investors. A further 5 per cent is set to be offered to Ethiopian nationals at a later date. The state will retain the rest.<\/p>\n

It plans to issue an investment prospectus and invitation to bid next month with the process expected to conclude in February 2021, matching the timeline [1] for allocating two highly sought-after [2] new mobile operator licences.<\/p>\n

Privatisation of Ethiopia\u2019s telecommunications market has been in the works since 2018 [3] and had been slated for this year, before the process was delayed by issues related to the Covid-19 (coronavirus) pandemic.<\/p>\n

The Ethiopian Communications Authority announced it received 12 initial expressions of interest to acquire one of the two new mobile licences. Contenders include MTN, Orange, Saudi Telecom Company, Etisalat and a consortium comprising Vodafone Group and its Africa-focused affiliates.<\/p>\n

[1] https:\/\/www.mobileworldlive.com\/featured-content\/top-three\/ethiopia-sets-new-licence-auction-deadline
\n[2] https:\/\/www.mobileworldlive.com\/featured-content\/home-banner\/orange-mtn-stc-among-12-vying-for-ethiopia-licences
\n[3] https:\/\/www.mobileworldlive.com\/featured-content\/top-three\/ethiopia-opens-up-ethio-telecom-to-investors<\/p>\n\n

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Ethiopia’s authorities outlined plans to kick-off the process for the sale of a 40 per …<\/p>\n

The post Ethiopia set to move on delayed incumbent stake sale<\/a> appeared first on Mobile World Live<\/a>.<\/p>\n<\/div>","protected":false},"author":246,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"slim_seo":{"title":"Ethiopia set to move on delayed incumbent stake sale - ITTeacherITFreelance.hk","description":"Ethiopia’s authorities outlined plans to kick-off the process for the sale of a 40 per ... The post Ethiopia set to move on delayed incumbent stake sale a"},"footnotes":""},"categories":[11,8],"tags":[],"_links":{"self":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/82379"}],"collection":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/users\/246"}],"replies":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/comments?post=82379"}],"version-history":[{"count":1,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/82379\/revisions"}],"predecessor-version":[{"id":82380,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/82379\/revisions\/82380"}],"wp:attachment":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/media?parent=82379"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/categories?post=82379"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/tags?post=82379"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}