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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Ethio Telecom, the monopoly provider in Ethiopia until two new operators are licensed in March, has hired KPMG to determine its economic value in advance of a part-privatisation.
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Ethiopia's state-run telco Ethio Telecom saw a 12% increase in revenues in the six months to the end of December 2020.
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A US government agency is supporting Vodafone’s consortium that is bidding for one of Ethiopia’s two new telecoms licences with a loan of US$500 million.
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Companies wanting to bid for Ethiopia’s two new telecoms licences must get their applications in by 5 March 2021, the regulator has announced.
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New reports claim Ethiopia is planning to sell a 45% stake in Ethio Telecom, the monopoly player at the centre of the country’s ICT liberalisation strategy.
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US-based network operator BringCom agreed a new partnership and interconnect deal with Ethiopian government-owned Ethio Telecom.
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Ethiopia says it wants to open the telecoms market to competition by February 2021, though it has not yet named the operators that will compete with Ethio Telecom, the state-owned incumbent.
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This episode features editor-in-chief Joao Marques Lima, deputy editor Melanie Mingas and senior reporters Abigail Opiah and Natalie Bannerman.
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After months of speculation around who could bid for a stake in Ethio Telecom, the Ethiopian government has u-turned on its earlier decision to allow foreign companies to participate.
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Deloitte has won the contract to oversee the partial privatisation of Ethio Telecom, against competition from EY, PwC and Roland Berger.
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Ethiopia has set 11 May as the deadline for its consultation on the terms of the country’s first competitive telecoms licences.
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New legislation passed in Ethiopia will allow telecommunications companies to step into the non-bank financial services space by bringing basic services to mobile customers through their devices.
