Ethiopian telecoms to grow

March 30th, 2010 | by addis portal |

ADDIS ABABA, ETHIOPIA – The telecommunications market in Ethiopia is on the verge of massive growth, leading to a wide range of investment opportunities in telecommunications and downstream information and communications technology (ICT) segments, according to a new study published by Technology Strategies International in partnership with BroadGroup TMT Ventures.

The report, titled “Investment Opportunities in the ICT Sector in Ethiopia: 2010”, predicts that by 2011 the state-owned incumbent, the Ethiopian Telecommunications Corporation (ETC) will have a privatisation timetable in place, and that liberalisation of the mobile market will take place shortly after that.

Ethiopia has the lowest teledensity in Africa and a population approaching 90 million.

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