Quite a few weeks after Ethiopia’s maiden initial public offering (IPO) closed, Ethio Telecom has revealed how many of the company’s shares were actually sold of the 100 million on offer – and it seems the total was very modest indeed.
Following the news that India’s Department of Telecommunications (DoT) has frozen the AGR dues of operator Vodafone Idea and allowed staggered repayments spread over 16 years until 2041, the company is now looking ahead with some ambitious investment p…