Orange SA eyes Ethiopia move in battle for new African market

The Ethiopian govt is working with advisers on how to open the country's telecommunications market to outside investors, Fernandez said

Orange SA is considering a bid for a minority stake in Ethiopia’s state-owned phone monopoly as Africa’s second-most populous country prepares to welcome foreign telecommunications investors for the first time.
 

The French carrier is also open to becoming a rival carrier to Ethio Telecom by taking part in an auction for a new privately held mobile-phone license, Deputy Chief Executive Officer Ramon Fernandez said in an interview in London on Friday. Both options are likely to be made available by next year.
 

The Ethiopian government is working with advisers on how to open the country’s telecommunications market to outside investors,