About: http://data.cimple.eu/news-article/c447c8cd720dfca0c16bcdaf1479c42760bc297a1ea05c2a62d292bd

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About: http://data.cimple.eu/news-article/c447c8cd720dfca0c16bcdaf1479c42760bc297a1ea05c2a62d292bd Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

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rdf:type	schema:NewsArticle
schema:articleBody	Ethiopia on Tuesday launched a process to partially privatise state-owned carrier Ethio Telecom, a major step in Prime Minister Abiy Ahmed's plans to open the country's tightly-controlled economy. The announcement came just days before Ethiopians go to the polls on June 21 and Abiy seeks a popular mandate afer rising to power in 2018 following years of anti-government protest. The Ministry of Finance said the government was "ready to release an expression of interest (EOI) for the sale of a 40 percent stake in Ethio Telecom". "The issuance of the EOI 15 June 2021 will allow international investors to express interest in acquiring a stake in Ethio Telecom, one of the largest telecom operators in Africa," it said in a statement. Investors have 30 days to express interest, before a second phase of the process is opened. The government hopes opening up Ethio Telecom will make the behemoth carrier -- which has 44 million subscribers -- more competitive and efficient. As part of breaking up its monopoly hold over the sector, Ethiopia this year also issued a tender to award two licenses to private telecommunication operators. In late May, one license was awarded to a consortium led by Kenya's Safaricom, which offered $850 million and promised to invest $8.5 million over 10 years, officials said. A second bid by South Africa's MTN was deemed too low and turned down. Another tender for the second license should be issued soon, according to the Ethiopian Communications Authority. str-md/np/wai
schema:headline	Ethiopia launches partial privatisation of Ethio Telecom
schema:mentions	Safaricom MTN Group Abiy Ahmed Telecommunication Privatization USA Gymnastics Freedom of speech 30 Days (TV series) Ethiopia Africa Kenya South Africa Communications Authority Ethio telecom Northern Pacific Railway
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2021-06-15 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	77 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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