Music and video streaming will be the next ventures for ethio telecom, under the leadership of Frehiwot Tamiru. It is going to be a part of its new three-year strategy, dubbed LEAD, replacing BRIDGE, which forecasts the subscriber base of the telecom provider to reach 73.5 million with 75.05 billion birr in revenue until the...
The company’s CEO, Frehiwot Tamru (pictured), said that Ethio Telecom plans “to increase our subscriber base by 10.3% to reach 73.5 million and increase our mobile voice customers by 10.5% to reach 71 million” in the current financial year. Ethio Telecom also aims to increase the number of fixed broadband customers by 37.4% to reach...
Ethio Telecom is so far the only active telecom operator in Ethiopia, with more than 50 million mobile phone subscribers and 21 million subscribers to mobile financial services. The company wants to guarantee the security of its network and its subscribers in a growing market. Ethiopian telecommunications operator Ethio Telecom has outsourced the upgrade of...
State owned telecom giant, Ethio-Telecom, in collaboration with Dashen Bank, has on Friday launched three different digital finance services under the motto “Financial Service for All” aimed at benefiting users with digital financial services including money transactions. They are: Telebirr Mela, Tele birr Endekise, and Telebirr Kuteba (Sanduk). Telebirr Mela is a credit service that...
Ethio Telecom completes the steps necessary to buy equity in telecom firms doing business in Africa. Ahead of the 2022/23 Ethiopian fiscal years, Ethio Telecom has completed preparations to expand its operations to global markets. The company will primarily expand into African markets, according to Frehiwot Tamiru, CEO of ethio telecom, who declined to name...
Ethio telecom announced that it built and launched modern modular data center recently and has been utilizing it for own multiple purposes and leasing for enterprises. The company has signed a memorandum of agreement today with Zemen Bank, Rays Micro Finance, ZamZam Bank, Hijira Bank and Websprix that would enable these institutions use this modern...
Ethio Telecom has announced the launch of its Ashamtele customer loyalty program and their telegebeya online sales channel. Ethio telecom, since the recent past years has been on visible and multifaceted strategic reforms, stemming from telecom infrastructures expansion and latest technologies deployment to massive tariff reduction and emerging new telecom services and products in order...
Safaricom Telecommunicaitons Ethiopia (Safaricom ET) is reported to have reached an agreement in principle with local telecoms incumbent Ethio Telecom related to interconnection and the sharing of cell sites and tower assets. According to Business Insider Africa, a final agreement remains pending though, with Safaricom ET’s Public Relations Manager Tewedaj Eshetu cited as confirming earlier...
Safaricom, which is readying up a new network in Ethiopia, will share mobile telecommunication towers and relevant power with state-controlled rival Ethio Telecom, after the companies reached consensus on interconnection and capacity lease agreements. The Ethiopia Communications Authority (ECA) held a joint mediation meeting with both parties and reported that “agreement had been reached on...
Ethio Telecom announced the launching of a high network capacity 4G Home Wireless Broadband internet service which is a GSM/4GLTE based broadband access solution “at an affordable price”. The 4G home wireless broadband internet service uses the existing GSM/ 4G LTE mobile Network as an option of fixed broadband internet service so as to provide...
