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The Ethiopian government said it is on course to complete the issuance of two new telecom licenses by April this year.

In addition, the country is as well finalizing preparations to complete partial privatization of Ethio Telecom, the country's sole telecom services provider, within the next five to six months, the Ethiopian Ministry of Finance disclosed.

Biruk Taye, Senior Advisor at the Ethiopian Ministry of Finance, said, “The next major deliverable would be to complete the partial privatization of Ethio Telecom and that should be done within the next five to six months.”

Noting that the issuance of two new telecom licenses would be concluded on April 5, 2021, Taye also stressed that "we will be able to identify the two new telecom operators that (will) join the Ethiopian telecom market by April."

According to Taye, the partial privatization of Ethio Telecom will be completed "immediately" after the two new telecom operators are identified.

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