NAIROBI, Nov 16 (Reuters) - Ethiopia has invited international companies to bid for a 40% stake in state-owned Ethio Telecom, state-affiliated Fana quoted Finance Minister Ahmed Shide as saying on ...

NAIROBI, July 28 (Reuters) - Ethiopian state-owned Ethio Telecom expects its total revenue to rise 19% in its 2023/24 (July-June)financial year and forecasts a 29% rise in the number of customers on ...

ADDIS ABABA, Feb 12 (Reuters) - Ethiopian state-owned telecoms firm Ethio Telecom recorded half-year revenue of 61.9 billion birr ($491.57 million), up more than 40% on the same period a year earlier, ...

Ethiopia and Kenya have agreed to support joint investment and partnership initiatives between Ethio Telecom and Safaricom, signaling growing policy alignment around regional digital infrastructure ...

Ethio Telecom expects 45% jump in full-year revenue, says CEO Ethio Telecom expects full-year revenue to jump by 45.5% in the year to June 2026, driven by increased customer numbers and higher data ...

Ethio Telecom is looking to develop a hyperscale data center in Ethiopia. The telco this week said it was in strategic talks with Shandong Hi-Speed Group Co. Ltd. about building a hyperscale data ...

Addis Ababa, February 12, 2025 (ENA) -- Ethio telecom announced that it has generated 61.9 billion birr in the first half of the 2016/17 Ethiopian Fiscal Year. Ethio telecom's CEO, Frehiwot Tamiru, ...

Avanti has applied for an operating license in Ethiopia and has started “active” discussions on partnerships with Safaricom and Ethio Telecom, Whitehill says. Somalia is also a target for expansion in ...

The telco, which serves over 70 million subscribers, confirmed it is initially offering 5G via 145 sites that have been deployed in the capital. This follows the pre-commercial 5G mobile broadband ...

The search for a major new investor in Ethio Telecom may resume once the state-owned enterprise is listed on Ethiopia’s forthcoming stock exchange, Brook Taye, CEO of the Ethiopian Investment Holding ...

Ethiopia's government on Wednesday launched a sale of shares in the historic telecoms operator Ethio Telecom, in what it called a "significant milestone" in modernising the country's state-controlled ...