Ethio Telecom
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Ethio Telecom’s revenue is expected to rise by 19% in 2023/2024 -
The government of Ethiopia has increased the stake it plans to sell in Ethio Telecom by five percentage points from 40% to 45%.
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Ethio Telecom, the state-owned incumbent in Ethiopia, has started a project to encourage start-up technology companies.
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Ethiopia’s incumbent operator Ethio Telecom has restored services in 27 towns and cities in the province of Tigray, following the suspension of the civil war.
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The government of Ethiopia has revived its plans to sell a 40% stake in its state-owned operator, Ethio Telecom.
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Ethiopia’s telecoms regulator has revived its plan to seek a competitor for state-owned Ethio Telecom and new rival Safaricom, which has been in business just months.
Forthcoming events
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Safaricom Ethiopia is to challenge incumbent operator Ethio Telecom with its own mobile money platform, M-Pesa.
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Safaricom Ethiopia has switched on its mobile telecommunications network and services in Addis Ababa, the country’s capital city.
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Ethio Telecom is aiming to increase its subscriber base by more than 10% over the next year, despite facing competition from Safaricom Ethiopia.
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Michael Joseph, founder of Kenya’s Safaricom and its pioneering mobile money venture M-Pesa, has flown north to Addis Ababa to supervise the troubled launch of its Ethiopian offshoot.
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Ethiopia’s continuing civil war is the reason the company achieved only 87.6% of its target revenue in the year ending 30 June 2022, Ethio Telecom said at the weekend.
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Safaricom Telecommunications Ethiopia will start launching services between next month and April 2023, the company announced today in Addis Ababa, the capital.
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Safaricom has delayed the launch of services in Ethiopia, originally expected in April, and is not yet giving a new date.
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Ethiopia’s state-owned operator has introduced a limited 5G service into the capital city, Addis Ababa.
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Vodafone Group’s Safaricom Ethiopia is launching the country’s first competitive network in the face of a blazing civil war. Alan Burkitt-Gray asks the company’s Matthew Harrison-Harvey how they’re managing to do it
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Ethio Telecom and new rival Safaricom Ethiopia are close to a deal on infrastructure sharing and interconnection.
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Ethiopia’s Amhara Bank has signed an agreement with Ethio Telecom to use the incumbent operator’s data centres to improve service to customers.
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The government of Ethiopia has postponed its sale of 40% of state-controlled Ethio Telecom, blaming “recent developments and fast-moving macroeconomic changes”.
