The operators signed the original MoU in December 2024 for the Horizon Fiber initiative, which will link subsea cable landing ...

Telecom companies of Ethiopia, Djibouti and Sudan have signed a tripartite agreement under what is called the Horizon Fiber ...

Ethio telecom, Djibouti Telecom, and Sudatel have signed a contractual agreement to jointly develop a regional terrestrial fiber network that is expected to ...

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 ...

Ethio telecom generated 85 billion Birr in revenue over the first half of the fiscal year, which also saw transactions valued at nearly two trillion Birr ...

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 ...

Feb 20 (Reuters) - Ethiopia's government is discussing selling 10% of state-owned telecoms company Ethio Telecom via a local stock exchange that is being launched this year, Prime Minister Abiy Ahmed ...

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 ...

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 ...

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 state-run telecom has posted over $546 million in revenue over the first six months of the current Ethiopian ...