Ethio Telecom is directing its 45,000 verified shareholders, resulting from its initial public offering, to open trading accounts with brokers licensed by the Ethiopian Capital Market Authority as the company prepares to list on the Ethiopian Securities Exchange. CEO Frehiwot Tamiru highlighted potential delays due to limited investor understanding of capital market procedures. The share sale successfully attracted significant interest, with 47,377 registrations and the sale of approximately 10.7 million shares, raising 3.2 billion birr. Following data verification and dematerialization, 45,000 investors now hold 10.1 million shares valued at 3 billion birr. The company is also processing refunds for 1,646 applicants who omitted national ID information and 248 non-Ethiopian nationals who improperly purchased shares. Ethio Telecom plans to release its audited annual performance results around September, paving the way for its first general assembly as a public entity, where discussions around dividends and corporate matters will occur.