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Federal Negarit Gazeta - No.6 28thNovember 1996- Page 283
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A body to be designated by the Government shall be the
supervising authority of the Corporation.
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Supervising Authority
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Head Office
The Corporation shall have its head office in Addis Ababa
and may have branch offices elsewhere as may be
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5. Purposes
The purposes for which the Corporation is established are:
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1) to engage, in accordance with development policies
and priorities of the Government, in the construction,
operation, maintenance and expansion of telecommunication services;
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6) to engage in other related activities necessary for the
attainment of its purposes.
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Capital
The authorized capital of the Corporation is Birr
1,473,980,578 (one billion four hundred seventy three
million nine hundred eighty thousand and five hundred
seventy eight Birr) of which Birr 480,459,578 (four
hundred eighty million four hundred fifty nine thousand
and five hundred seventy eight Birr) is paid up in cash and
in kind.
7. Liability
The Corporation shall not be liable beyond its total assets.
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8. Duration
The Corporation is established for an indefinite duration.
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I 9. Transfer of Rights and Obligations
The rights and obligations of the former Ethiopian
Telecommunication
Authority
operated
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Proclamation No. 131/1952 are hereby transferred to the
Corporation.
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to repair, assemble and manufacture telecommunication equipment and ancillaries;
5) to render training services to telecommunication personnel;
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3) to provide communication services using integrated
infQrmation technology, including re-broadcasting
of television broadcasts;
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2) to provide domestic and international telephone,
telex, telefax and other communication services;
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10. Effective Date
These Regulations shall come into force on the date of
their publication in the Federal Negarit Gazeta.
Done at Addis Ababa, this 28th day of November,
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MELES ZENA WI
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PRIME MINISTER OF THE FEDERAL DEMOCRATIC
REPUBLIC OF ETHIOPIA
-oC?1'i" /'11\9"",.,.117.1 ~C~:rBERHANENA
1996
SELAM
PRINTING
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ENTERPRISE