Ethiopia's state-owned telecoms operator Ethio Telecom fell 13.6% short of its first-half revenue target, with parts of its network hobbled by military conflict in the north of the country, its chief ...
NAIROBI, Nov 16 (Reuters) - Ethiopia has invited international companies to bid for a 40% stake in state-owned Ethio Telecom, state-affiliated Fana quoted Finance Minister Ahmed Shide as saying on ...
Feb 20 (Reuters) - Ethiopia's government is discussing selling 10% of state-owned telecoms company Ethio Telecom via a local stock exchange that is being launched this year, Prime Minister Abiy Ahmed ...
ADDIS ABABA — Long lines at gas stations aren't rare in the capital of Ethiopia; there are often shortages of fuel. But the lines two weeks ago weren’t fuel-related; they were cash-related. A new ...
Ethio Telecom is looking to develop a hyperscale data center in Ethiopia. The telco this week said it was in strategic talks with Shandong Hi-Speed Group Co. Ltd. about building a hyperscale data ...
NAIROBI, July 28 (Reuters) - Ethiopian state-owned Ethio Telecom expects its total revenue to rise 19% in its 2023/24 (July-June)financial year and forecasts a 29% rise in the number of customers on ...
Avanti has applied for an operating license in Ethiopia and has started “active” discussions on partnerships with Safaricom and Ethio Telecom, Whitehill says. Somalia is also a target for expansion in ...
The telco, which serves over 70 million subscribers, confirmed it is initially offering 5G via 145 sites that have been deployed in the capital. This follows the pre-commercial 5G mobile broadband ...
Ethiopia and Kenya have agreed to support joint investment and partnership initiatives between Ethio Telecom and Safaricom, signaling growing policy alignment around regional digital infrastructure ...
Ethiopia's government on Wednesday launched a sale of shares in the historic telecoms operator Ethio Telecom, in what it called a "significant milestone" in modernising the country's state-controlled ...
Opening up Ethiopia’s economy to private investment and competition has been a key part of Prime Minister Abiy Ahmed’s reform agenda. With a population of 110 million served by a single state provider ...