Ethiopia appointed KPMG as adviser in the privatization of state-run Ethio Telecom


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Ethiopia’s plan to privatize the world’s largest telecoms monopoly and allow new competitors has the potential to kick start industries that have so far remained dormant.

The country has appointed KPMG as an adviser in the privatization of state-run Ethio Telecom and is seeking another for licensing.

At least two new telecoms licenses to be awarded at the same time. Winning bidders for the sale and the licenses are due to be announced in March.[…] CONTINUE READING