Ethiopia says Ericsson to take part of telecom deal after ZTE row

ADDIS ABABA, (Reuters) – Swedish telecom group Ericsson is set to sign a contract with Ethiopia to expand telecom infrastructure, taking a slice of an $800 million contract from Chinese firm ZTE Corp because of a row over terms, a senior official told Reuters on Thursday. ZTE Corp’s deal with state-run operator Ethio Telecom was

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Ethiopia says China’s ZTE could lose part of $800 mln in row over terms

By Aaron Maasho PARIS, (Reuters) – Ethiopia has told Chinese telecoms firm ZTE Corp it risked losing part of its deal worth $800 million to expand the nation’s network because of differences over costs of upgrading existing systems, an Ethiopian minister and executive said. The deal last year with monopoly state-run operator Ethio Telecom was

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