The preparation to sell 10% of Ethio Telecom has been completed. The company’s total wealth estimation has been made by one foreign company. The 10% share of Ethio Telecom will be for sale in a very short time. It was said by Frehiwot Tamiru, the CEO of Ethio Telecom this week.
Ethio Telecom will sell 10% of its share to Ethiopians in the Ethiopian Securities Exchange which is expected to start operations soon.
Ethio Telecom is one of several entities who will be offering their shares on the new Ethiopian Stock Exchange ESX.
Ethio Telecom is one of the “Big-5” group of state owned corporations in Ethiopia, along with Ethiopian Airlines, the Commercial Bank of Ethiopia, Ethiopian Insurance Corporation, and the Ethiopian Shipping Lines.
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I want to buy sahres in Ethio Telecom.
Please let us know when the sale of shares will begin. Thank you.