privatisation
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The government of Ethiopia has finally asked for proposals for the sale of a 40% stake in Ethio Telecom. -
The north-east African state of Djibouti has set Thursday 16 September as the deadline for investors to express interest in taking a 40% stake in the incumbent operator.
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Djibouti, the Red Sea country where many subsea cables land, is opening up its state-owned telecoms operator to outside investment.
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Ethio Telecom, the monopoly provider in Ethiopia until two new operators are licensed in March, has hired KPMG to determine its economic value in advance of a part-privatisation.
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Deloitte has won the contract to oversee the partial privatisation of Ethio Telecom, against competition from EY, PwC and Roland Berger.
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BC Partners-owned United Group has agreed to acquire Bulgarian telecoms operator Vivacom for €1.2 billion ($1.3bn).
Forthcoming events
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Capacity Middle East 2024
Capacity Middle East is the largest carrier meeting for the Middle Eastern region, uniting the region’s key ICT players. -
