Ethio Telecom

Safaricom reports bumper results as data users increase, M-Pesa advances

Telco also says Ethiopia ambitions are moving ahead as planned.
Vincent Matinde
Apr 19, 2022

Ethiopia: telco rivals agree to tower power share deal

Safaricom and Ethio Telecom have concluded interconnection and capacity lease agreements.

Safaricom Telecommunications Ethiopia expected to invest US$8bn over next decade

Safaricom-led consortium is in negotiations with Ethio Telecom and country’s industry regulator regarding infrastructure sharing.
Sep 29, 2021

Ethiopia confirms January 2022 date for second telco licence

Industry regulator details plans, and bid applications are scheduled to close in December 2021.
Jul 22, 2021

Ethiopia quick to integrate mobile money and banking platforms

Digital payments now flourishing under the auspices of mobile money connectivity to finance institutions.
Jul 14, 2021

Ethio Telecom deepens 4G as TeleBirr service gains momentum

Company says it has reached six million customers with mobile money service.
Jun 25, 2021

Ethio Telecom, Ericsson launch 4G network for South West Ethiopia

Ethio Telecom and Ericsson started deployment of the Ericsson Radio System for 4G expansion in the South West region of Ethiopia at the beginning of June 2021.
Jun 15, 2021

Ethiopian government launches tender for 40% stake in Ethio Telecom

Move is considered to be a bid by authorities to make the company more competitive.
Jun 9, 2021

Kenyatta urges Ethiopia to reconsider stance on mobile money services

Kenya’s President urges authorities to allow foreign service providers to bolster local market competition.
Jun 1, 2021

US Dollar mobile wallets key to Ethiopia’s mobile money future

Mobile receipts of remittances are gaining traction as markets continue to be impacted digitally by COVID-19, say experts.
May 17, 2021

Ethiopia backtracks on decision to restrict mobile money services

Government said it has forgone US$500m by preventing foreign operators from rolling out services.
May 13, 2021

World Bank to invest US$200m in Ethiopia’s telecommunications

Financial institution calls for government to open industry up to competition.