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Ethio Telecom news

Ethiopia’s Government Postpones Ethio Telecom Privatisation Process

The government of Ethiopia has announced today that it will be postponing the ongoing privatisation process of the state-owned Ethio Telecom, and did not set a timeframe for when the process will continue. In an announcement posted to Twitter by...

Tower Sharing Deal in the Works Between Safaricom & Ethio Telecom

Safaricom has reportedly begun negotiations on a new infrastructure sharing deal with Ethiopian rival and state-owned entity Ethio Telecom. This comes as the Kenyan telecom company and its consortium of investors prepare a much-anticipated launch in the Horn of...

Safaricom Pulls Staff Out of Ethiopia As War Nears the Capital City

East Africa's leading telecom company Safaricom has reportedly evacuated some of its employees from Ethiopia, fearing disruption to its operations due to the ongoing armed conflict and civil unrest in the horn of Africa country. The firm evacuated employees...

Top 10 Largest Telecom Companies in Africa

The COVID-19 pandemic has spurred digital transformation initiatives across Africa, but it has also affected the revenues of its largest telecommunication firms. Almost all of the companies in this list had their bottom lines affected by the global pandemic either...

Orange Submits Interest for Stake in Ethio Telecom

French telecom firm Orange has submitted an expression of interest to participate in the ongoing partial privatisation of Ethiopia's Ethio Telecom. This is according to Ethiopia's ambassador to Paris, sharing the news on Twitter. https://twitter.com/_HenokTeferra/status/1417419045977182232 Henok Teferra Shawl said in the...

Ethio Telecom Partners with Ericsson to Launch 4G Network for South West Ethiopia

Ethio Telecom is partnering with Ericsson to expand its 4G services into the South West region of Ethiopia during 2021. A decisive move that correlates with Ethiopia's plans into introducing international investors and partners into their monopoly-laden and virtually...

Ethiopian Government Selling a 40% Stake in Ethio Telecom

The Ethiopian government has announced a new tender process to begin the sale of a 40% stake in the state-owned telecommunications company, Ethio Telecom. The sale is still in its very early stages with the selection of a successful bidder...

Safaricom to Bid on Opportunity to Expand in Ethiopia

Safaricom is now one of six companies vying for the chance to claim one of two Ethiopian telecoms licences. This is one opportunity that the telco has been waiting on and one that might grant access to a licence...

ECA Suspends Plans to Privatise Ethio Telecom

In May, the Ethiopian Telecommunication Authority (ECA) issued a statement announcing that the country would now be open to selling a 40% stake in the state-owned company, Ethio Telecom. In response to this announcement, Safaricom and, its parent company,...
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