Ethiopia is speeding up the integration of banks and mobile wallets to tap into the local payments and international remittance markets, long flagged by the World Bank as key to TeleBirr, the country’s first mobile money platform. TeleBirr is run by telecom operator, Ethio Telecom and has soared to more than 4 million registered users...
The telecoms business in Ethiopia, a country with a population of more than 100 million people and one of the region’s biggest economies, is considered lucrative and is expected to draw significant investor interest. ADDIS ABABA: France’s telecom firmOrange has submitted an expression of interest to participate in the ongoing partial privatisation of Ethiopia’s Ethio Telecom firm, Ethiopia’s ambassador...
Global Partnership for Ethiopia has incorporated and registered its local company Safaricom Telecommunications Ethiopia PLC after it was granted a telecommunications operator license. According to the Ethiopian Communications Authority, the Telco also has 45 days to incorporate a local company and execute the Provisional License Agreement executed by the parent company within three working days....
The Ethiopian Communications Authority (ECA) has confirmed it has now issued the country’s new communications licence. In a press release announcing the development, the regulator noted that, pursuant to Articles 40 and 41 of the Tender Regulations, the designated licensee – Global Partnership for Ethiopia – had been required to incorporate a local company within...
The Ethiopian Communications Authority has issued the Final License to Safaricom Telecommunications Ethiopia PLC following its incorporation as a local Telecommunications Operating Company by its parent company, Global Partnership for Ethiopia, a consortium comprising Safaricom, Vodacom, Vodafone, Sumitomo Corporation and CDC Group, who has been designated as a provisional licensee for the nationwide full-service Telecommunications...
Ethio Telecom has confirmed its intention to strengthen its 4G LTE network to support the further roll out of its TeleBirr mobile money service. The company says it has reached hit six million customers with Telebirr launched two months ago. Speaking at the launch of the company’s 4G LTE in the North West region of...
State-run Ethio Telecom, which has invited private investors to buy a stake in it, reported a 18.4% rise in full year revenue to end-June to 56.5 billion birr ($1.29 billion), CEO Frehiwot Tamiru said on Tuesday. Ethiopia last month launched a tendering process for the proposed sell-off of a 40% stake in Ethio Telecom to...
The state-owned operator ethio telecom said that it has managed to access six million customers in the mobile payment system, Telebirr, in a two- month operation due to rapid penetration rate and advancement of telecom services. The above was disclosed yesterday when the telecom service provider launched 4G LTE Advanced Service in its North North...
The Global Partnership for Ethiopia (GPE) has appointed Anwar Soussa as the Managing Director of its Operating Company in Ethiopia, effective 1 July 2021. Anwar is currently the Managing Director of Vodacom DRC and the Chairperson of Vodacash (M-Pesa), a position he has held since 2017. According to a statement released to the media, Soussa...
Ethio Telecom is partnering with Ericsson to expand its 4G services into the South West region of Ethiopia during 2021. According to the companies, Ericsson Radio System products and solutions will be used for this deployment. The core expansion will take place in Ethio telecom’s regional datacentres and the datacentres in Addis Ababa. Through this...
