{"id":278852,"date":"2019-06-13T13:43:00","date_gmt":"2019-06-13T17:43:00","guid":{"rendered":"https:\/\/news.google.com\/articles\/CBMifGh0dHBzOi8vd3d3LmJ1c2luZXNzbGl2ZS5jby56YS9iZC93b3JsZC9hZnJpY2EvMjAxOS0wNi0xMy1ldGhpb3BpYS1uZWVkcy0yMmJuLXRvLW1vZGVybmlzZS1pdHMtb3ZlcmJ1cmRlbmVkLXRlbGVjb21zLXNlY3Rvci_SAQA?oc=5"},"modified":"2026-09-30T11:15:06","modified_gmt":"2026-09-30T15:15:06","slug":"finance-officials-said-ethiopia-may-need-2-2-billion-to-modernise-its-overburdened-telecom-network","status":"publish","type":"post","link":"https:\/\/mereja.com\/index\/278852","title":{"rendered":"Finance officials said Ethiopia may need $2.2 billion to modernise its overburdened telecom network"},"content":{"rendered":"<p>On 13 June 2019 Business Day reported that State Minister of Finance Eyob Tekalign said Ethiopia could need as much as $2.2 billion to modernise a creaking, overburdened telecom sector after years of public investment that he said had run out of steam.<\/p>\n<img data-recalc-dims=\"1\" height=\"780\" width=\"780\" class=\"aligncenter size-large wp-image-468257\" src=\"https:\/\/i0.wp.com\/mereja.com\/index\/wp-content\/uploads\/2023\/12\/Ethiopias-Banking-Sector-Faces-Challenges-in-Welcoming-Foreign-Investment.jpg?fit=780%2C780&#038;ssl=1\" alt=\"Finance officials said Ethiopia may need $2.2 billion to modernise its overburdened telecom network\" \/>\n<p>Eyob told the paper that telecoms affected every other sector and had to be opened to competition and foreign capital, while parliament prepared a new regulator and Reuters said the government still aimed to award mobile licences by December 2019.<\/p>\n<p>Kept as telecom economics archive, the Business Day interview dates how Abiy Ahmed\u2019s finance team framed Ethio Telecom\u2019s investment gap in mid-2019.<\/p>\n<p><strong>Sources:<\/strong> <a href=\"https:\/\/www.businesslive.co.za\/bd\/world\/africa\/2019-06-13-ethiopia-needs-22bn-to-modernise-its-overburdened-telecoms-sector\/\">Business Day<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Ethiopia needs $2.2bn to modernise its overburdened telecoms sector&nbsp;&nbsp;Business DayAddis Ababa \u2014 Ethiopia could require as much as $2.2bn to modernise its creaking, overburdened telecoms sector, a senior government official said on &#8230;<\/p>\n","protected":false},"author":30,"featured_media":468257,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8],"tags":[],"class_list":["post-278852","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ethiopian-news"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/mereja.com\/index\/wp-content\/uploads\/2023\/12\/Ethiopias-Banking-Sector-Faces-Challenges-in-Welcoming-Foreign-Investment.jpg?fit=1280%2C640&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p9NivD-1axC","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/278852","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/users\/30"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/comments?post=278852"}],"version-history":[{"count":3,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/278852\/revisions"}],"predecessor-version":[{"id":755213,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/278852\/revisions\/755213"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/media\/468257"}],"wp:attachment":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/media?parent=278852"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/categories?post=278852"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/tags?post=278852"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}