Ethiopia the last country in Africa with a Telecommunications monopoly

published 854 days, 20 hours, 36 minutes ago posted by adminadmin 860 days, 9 hours, 47 minutes ago
Tuesday, October 06, 2009 6:46:28 PM GMT Thursday, October 01, 2009 5:35:41 AM GMT

Ethiopia is the last country in Africa allowing its national telco, ETC a monopoly on all telecom services including fixed, mobile, Internet and data communications. This monopolistic control has stifled innovation and retarded expansion. The government tries to encourage foreign investment in a broad range of industries by allowing foreigners up to 100% equity ownership. However, there is no official schedule for the privatisation of the national carrier and the introduction of competition, but once thi...

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