Ethio Telecom Reports 61.3bln Birr Annual Revenue
ADDIS ABABA – State-run Ethio Telecom’s annual revenue rose by 8.5 percent to 61.3 billion Birr in the 2021/22 fiscal year that ended on June 7, its CEO announced on Thursday.
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Ethiopian Monitor
Daily News from Ethiopia
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Safaricom Ethiopia Plc Updates Gov’t on its Preparation to Rollout Services
ADDIS ABABA – Top officials of Safaricom Telecommunications Ethiopia Plc have given update on their ongoing investment to the government on Wednesday.
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Ethio Telecom Launches 4G LTE Mobile Network in 12 Towns
ADDIS ABABA – Ethio Telecom said it has launched the LTE Advanced 4G mobile network in 12 towns and cities, where high mobile data traffic has been observed.
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Ethio Telecom Collects over 25.5bln Br Revenue in Six-Month
ADDIS ABABA – State monopoly Ethio Telecom has garnered a total of 25.57bln birr or nearly $650mln revenue in the first half of the current Ethiopian 2020/21 fiscal year, its top officials announced on Thursday.
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Ethiopian Government Invites Bids for 2 Telecom Licences
ADDIS ABEBA – Communications sector regulator, Ethiopian Communications Authority (ECA), has invited today proposals for two new full-service telecommunications licenses with a deadline of 90 calendar days.
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Tech Firms Raises Concerns over Capacity of Existing Telecom Infrastructure
ADDIS ABEBA – Technology Companies have questioned the capacity of the existing telecommunication infrastructure to accommodate new telecom companies which are anticipated to join the Ethiopian market later this year via the ongoing liberalization strategy.
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Ethiopia’s Two Telecom licenses Attract 12 Interested Firms
ADDIS ABABA – Ethiopia’s communications regulator said on Friday at least twelve international firms have expressed interest to make offers for two telecom licenses to be awarded to multinational mobile companies, breaking the state monopoly.
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Ethiopia Begins Searching for Telecom Licences Buyers
ADDIS ABABA – Ethiopia has moved closer to liberalizing its telecom sector after pushing ahead with plans to sell two new telecommunications licenses on Thursday.
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