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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Companies have 30 days from today to tell the government of Ethiopia if they are interested in buying a 40% stake in state-owned Ethio Telecom.
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Ethiopia has officially granted the Safaricom Vodacom Vodafone partnership with its telecoms licence, allowing it to compete with Ethio Telecom, the monopoly until this week.
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MTN is considering making a second attempt to win a telecoms licence from Ethiopia, the CEO has told shareholders.
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Vodafone will spend US$8 billion on building its new network in Ethiopia, according to the country’s prime minister, Abiy Ahmed.
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Ethio Telecom has launched what it says is the biggest Tier III-ready modular data centre in Ethiopia.
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Ethio Telecom has gained a head start against its likely competitors by launching its mobile money service this week.
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The successful bidders for Ethiopia’s telecoms licences will be able to offer mobile money services, according to a weekend report.
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Ethiopia received just two bids, from MTN working China’s Silk Road Fund and a US-backed and Vodafone-led consortium, for its two telecoms licences this morning.
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Huawei has secured the business for the latest expansion of 4G services in Ethiopia’s monopoly operator, Ethio Telecom.
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The World Bank has warned the government of Ethiopia not to take measures that hinder the development of telecoms in the country.
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Both Orange and Vodafone have confirmed to Capacity that they are planning to bid for Ethiopian telecoms licences by the extended deadline of 5 April.
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Indian operator Airtel, which has 110 million customers in Africa, will not bid for one of the upcoming Ethiopian licences, China’s Sharing Mobile will do so.
