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Ethiopia’s opening of telecoms market excites MTN



South Africa’s MTN Group said on Wednesday it was excited by the potential opening up of the Ethiopian telecoms market.
The mobile network provider told Reuters in an emailed response to questions in Johannesburg that Ethiopia “would be a natural fit for MTN’s existing pan African footprint”.
“Ethiopia presents many exciting telecommunication opportunities and we look forward to further discussions with that nation’s authorities on potential partnerships and opportunities,” MTN said.
Ethiopia said on Tuesday it would open its state-run telecoms monopoly and state-owned Ethiopian Airlines to private domestic and foreign investment, a major policy shift that will loosen the state’s grip on the economy.