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New Telecom Operator Licenses To Be Issued By Ethiopia’s Telecommunication Sector

New Telecom Operator Licenses To Be Issued By Ethiopia’s Telecommunication Sector

It was reported by Dawit Endeshaw and edited by Giulia Paravicini, George Obulutsa, and Mark Potter that there have been 389 confirmed COVID-19 cases and trolled into 5 deaths with 69,507 tests conducted until May ‘20. But the Ethiopian telecommunications sector is set to issue licenses of two new telecom operators despite the novel coronavirus outbreak within a population of 110 million.

At the capital of Ethiopia – Addis Ababa, the communication regulator declared that they are ready to precede the telecommunication sector’s denationalization.

The government is determined to keep track of economic reforms ongoing while fighting with the social pandemic side by side.

According to the Communications Authority of Ethiopia, they had emanated the requests for interest indication concerning two telecom licenses that will be granted to MNCs (multinational mobile companies) as per the decided strategy that will shatter the state’s exclusivity. It was stated that a “competitive bidding process” will be used to award the licenses, but they did not make the due date for the allotment of licenses public. The regulator informed them that they had approached the International Finance Corporation (IFC) of the World Bank to work as a transaction adviser.

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