ADDIS ABEBA – Pragma Investment Advisory, local firm, announced its partnership with Nigeria-based firm Specific Tools & Techniques Ltd (ST&T) with the aim of contributing to Ethiopia’s ambitions in building a world-class telecom sector.
The partnership will allow the transfer of state-of-the-art practices, innovation and technology by ST&T which, Pragma said, has more than a decade experience working with large operators and infrastructure developers involved in the telecommunications, and other sectors of West African economies.
The east African nation’s telecom sector is undergoing a reform sector with its government currently pushing to issue two new telecom operators licenses and partially privatizing Ethio telecom, the sole state-owned telecom company.
Strengthening and developing the country’s telecom infrastructure capabilities is key for enhancing telecommunications accessibility in which the private sector plays a crucial role, according to Pragma.
In light of this, the company said it is joining forces with prominent technology companies to foster an atmosphere of technological learning and digital exposure for the Ethiopian public and private sectors.
“We are excited, once again, to play a small but essential role in advancing Ethiopia’s push toward becoming a dynamic digital economy where forging this critical partnership,” said Kalid Mawi, Managing Partner at Pragma.
The eventual competition among the incumbent operator and the incoming two more telcos would “paves the way for enhanced services, lower prices and wider options for Ethiopia’s growing mobile, data and cable internet user base”, asserted Mawi.
With this latest partnership, Pragma and ST&T will provide engineering and integrated facility management services to optimize productivity and provide sustainable service uptime.