Ethiopia: France Telecom takes over monopoly telecom provider

Veröffentlicht: 7 April 2010
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The French multinational has signed a 3 year contract with the Ethiopian government for the management and operations of the Ethiopian Telecom Corporation (ETC).



ETC is one of the last remaining state-owned telecom monopolies in Africa and the company will remain in the hands of the government.



France Telecom has been looking for opportunities to build its business in "emerging economies", like many other transnational telecom operators. The company is expected to expand mobile coverage in Ethiopia and to grow the country's telecom sector. The move is also expected to attract other foreign investors to Ethiopia.



Ethiopia follows countries such as Zambia, Ghana, Nigeria, Rwanda and Uganda by allowing for private management of national telecom providers.