Ethiopia’s Communications and Information Technology minister, Debretsion Gebremichael, has revealed that France Telecom (FT) has begun a two-year contract to manage state-owned Ethio Telecom, the newly rebranded incarnation of monopoly operator Ethiopian Telecommunications Corporation. FT will be paid USD40 million, depending on performance. Ethio Telecom CEO Jean-Michel Latute says that under FT’s guidance accounting systems will be modernised and new services introduced.
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