Ethiopian Communications Authority provided two new telecom licenses

The Ethiopian Communications Authority has issued two new telecom operator licences, in order to break the state monopoly.

The issuing of licences will open up one of the world’s last major closed telecoms markets in the country of around 110 million.

“The sector liberalisation process is continuing amid the COVID-19 crisis which shows the government’s strong will to fight the pandemic while keeping track of the ongoing economic reforms,” the regulator said in a statement.

It said the licences would be awarded through a “competitive bidding process,” but did not give a deadline for the allocation of the licences.