Exhibit (a)(9)

The Emerging Markets Telecommunications Fund, Inc. (NYSE:  ETF)

November 21, 2001

FOR IMMEDIATE RELEASE

Contact:  Investor Relations
          Credit Suisse Asset Management, LLC
          1-800-293-1232

               Emerging Markets Telecommunications Fund Announces
                       Preliminary Results of Tender Offer

     NEW YORK--(BUSINESS WIRE)--November 21, 2001--The Emerging Markets
Telecommunications Fund, Inc. (the "Fund") today announced the termination of
its tender offer for up to 1,902,606 shares of common stock of the Fund,
representing 15% of its outstanding shares of common stock. The offer was for
cash at a price equal to 95% of the Fund's net asset value per share as
determined at the close regular trading on the New York Stock Exchange ("NYSE")
on November 21, 2001 upon the terms and conditions set forth in the Fund's Offer
to Purchase and the related Letter of Transmittal. The net asset value as of the
close of trading on Wednesday, November 21, 2001 was $8.31 per share, and
accordingly, the tender offer price is $7.89 per share. The deadline for
participating in the offer was 5:00 P.M. Eastern Time on November 21, 2001.
Approximately 7,064,000 shares of the Fund's common stock were tendered through
the stated expiration date. Therefore, on a pro-rata basis, approximately 27% of
the shares so tendered are expected to be accepted for payment. The final number
of shares validly tendered and accepted pursuant to the tender offer will be
announced at a later date.

     The Emerging Markets Telecommunications Fund, Inc. is traded on the New
York Stock Exchange under the trading symbol "ETF." The Fund's investment
adviser is Credit Suisse Asset Management, LLC ("CSAM"). CSAM, the institutional
asset management and mutual fund arm of Credit Suisse Group, is a diversified
asset manager, handling equity, fixed income, international and derivative based
accounts through its offices in 14 countries.

     Any questions or requests for assistance with respect to the tender offer
may be directed to Georgeson Shareholder Communications Inc., the Information
Agent for the offer, toll free at (800) 498-2621.