NAIROBI, Jan 14 (Reuters) - Somalia plans to regulate its booming telecoms sector and impose "light taxes" on operators for the first time to encourage investment and generate extra tax revenues, a government minister said on Friday.
Somalia's telecoms industry, a monopoly of the government until the 1991 ouster of a dictator plunged the country into a two-decade civil war, now counts around 11 licensed local operators whose networks cover the entire war-ravaged nation.
But Abdulkareem Jama, minister of information, post and telecommunications, said there was now a need to regulate the industry as investors, especially foreigners, might be deterred by the element of unpredictability.
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