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Ethio Telecom H1 revenue rises 32%

Published 16 Jan 2020 09:44 CET | Ethiopia

Ethio Telecom has reported a 32 percent rise in revenue to ETB 22 billion for the first half year ended 31 December 2019, reports Reuters. Telephone subscribers rose by 10.9 ...

Ethiopian first satellite launch goes ahead

Published 27 Dec 2019 11:57 CET | China, Ethiopia

Ethiopia launched its first satellite into space on 20 December from China, according to CIO East Africa. China covered most of the USD 8 million cost of the satellite, ...

Ethiopia to launch first satellite on 20 December from China

Published 18 Dec 2019 09:45 CET | Ethiopia

Ethiopia plans to launch its first satellite, ETRSS-1, on 20 December at 06:21 hrs from a space station 500 km from Beijing, Xinhua reported. Manufactured by Ethiopian ...

Helios Towers eyes Ethiopia, sees need for 2,000 more towers over next 5 years

Published 17 Dec 2019 10:19 CET | Ethiopia

Telecom infrastructure company Helios Towers is understood to be interested in opportunities in the Ethiopian market, reports ITWeb. According to the company, Ethiopia will ...

Orange leaning towards new Ethiopian licence rather than Ethio Telecom investment

Published 16 Dec 2019 09:45 CET | Ethiopia

Orange Group has found the prospect of securing one of the two new Ethiopian licences to be granted in March 2020 more appealing than that of acquiring a minority stake in ...

Alibaba to establish eWTP digital hub in Ethiopia

Published 25 Nov 2019 13:52 CET | Ethiopia

The first major initiative for the eWTP partnership in Ethiopia will be the development of a multifunction digital trade hub to serve as a gateway for Ethiopian products to ...

Vodacom Group, Safaricom mull joint bid of up to USD 1 billion for Ethiopian licence

Published 04 Nov 2019 10:57 CET | Ethiopia, Kenya

Kenyan operator Safaricom and parent Vodacom Group plan a joint bid for an Ethiopian telecommunications licence that they expect to cost as much as USD 1 billion, Bloomberg ...

Ethio Telecom to adopt IFRS

Published 23 Oct 2019 13:24 CET | Ethiopia

Ethio Telecom is scheduled to fully adopt International Financial Reporting Standards (IFRS) before the end of 2019, Addis Fortune reported. The company has hired KPMG East ...

Ethiopia plans to issue two telecoms licenses by April 2020

Published 23 Oct 2019 09:10 CET | Ethiopia

In June, Reuters reported that Ethiopia would issue the licenses by the end of the year, quoting Ethiopian officials and telecoms executives with direct knowledge of the ...

Eutelsat in talks to join Ethiopia telecom market

Published 22 Oct 2019 09:08 CET | Ethiopia

Eutelsat has expressed its interest to join the Ethiopian telecommunications sector, following the liberalization decision taken by the government, The Reporter writes. MD ...

Ethio Telecom revenues rise 21% in Q1, customers up 10%

Published 21 Oct 2019 09:41 CET | Ethiopia

Ethio Telecom saw total revenues rise 21 percent to ETB 10.1 billion in the first quarter of its fiscal year compared with Q1 last year, with subscriber numbers up 10 percent ...

ArianeGroup to build satellite manufacturing and testing centre in Ethiopia

Published 17 Oct 2019 11:16 CET | Ethiopia

Ethiopia announced it will soon launch satellite manufacturing, assembly, integration and testing (MAIT) facilities in Addis Ababa, as part of the second phase of its space ...

Nokia ties up with Ethiopian universities to promote digital skills and innovation

Published 16 Oct 2019 14:45 CET | Ethiopia

Nokia will collaborate with two universities for science and engineering in Ethiopia, the Addis Ababa Science and Technology University (AASTU) and the Addis Ababa Institute ...

Ethiopian government may sell majority stake in Ethio Telecom eventually

Published 14 Oct 2019 09:29 CET | Ethiopia

On top of the privatisation plan for 2020, the government will split Ethio Telecom into two businesses, separating services and retail from its mobile and fixed network ...

Ethio Telecom appoints evaluator for assets, seeks advisor for privatisation

Published 07 Oct 2019 10:30 CET | Ethiopia

Ethio Telecom has appointed international consulting firm KPMG to evaluate its assets, and an advisor on its privatisation will be appointed soon, Reuters reported. State ...

Ethiosat starts operating

Published 03 Oct 2019 11:18 CET | Ethiopia

Ethiosat has been launched and is the first ever dedicated Ethiopian television platform to host most popular local channels. This has been made possible by agreements ...

Ethiopia Electric Utility partners with Motorola solutions

Published 26 Sep 2019 16:51 CET | Ethiopia

The Ethiopia Electric Utility company (EEU) has announced the deployment of a new mission-critical radio communications system from Motorola Solutions in the region of ...

Ethiopia seeks adviser for privatisation of telecoms operator

Published 25 Sep 2019 09:06 CET | Ethiopia

Ethiopia is looking for an adviser to help it with the partial privatisation of its state-run telecoms operator, Reuters reported, citing the finance ministry. Ethiopia first ...

Ethiopian Airlines rolls out on-board Wi-Fi

Published 10 Sep 2019 09:03 CET | Ethiopia

Ethiopian Airlines has introduced on-board Wi-Fi internet connectivity on its A350 fleet using the latest broadband satellite technology (Ka- band). The airline will be ...

Ethio Telecom plans to launch 4G network by mid 2020

Published 02 Sep 2019 16:44 CET | Ethiopia

Ethiopian incumbent operator Ethio Telecom plans to launch a 4G network in the country's major cities by mid-2020 and to upgrade other network services, as the government ...

Liquid Telecom holds African summit for MIT Inclusive Innovation Challenge in Ethiopia on 20 September

Published 30 Aug 2019 10:39 CET | Ethiopia

Liquid Telecom has announced the Africa Region Celebration of the MIT Inclusive Innovation Challenge (IIC), taking place on 20 September in Ethiopia. Liquid Telecom is the ...

Ethiopia postpones launch of first satellite until December

Published 27 Aug 2019 10:50 CET | Ethiopia

The launch into orbit of the very first Ethiopian satellite, initially scheduled for September, will be postponed to December, Africanews reported. The country's Space ...

Ethio Telecom FY revenues rise 7% to ETB 36.3 billion

Published 24 Jul 2019 09:16 CET | Ethiopia

Ethio Telecom generated ETB 36.3 billion in revenue during the last financial year to June, a 7 percent rise on the previous year, a company report said, according to ...

Ethiopian broadcasters to migrate to SES satellite

Published 09 Jul 2019 13:50 CET | Ethiopia

SES and the Association of Ethiopian Broadcasters (AEB) and the Ethiopian Broadcasting Cooperation (EBC) have signed agreements that will result in the creation of a ...

Ethiopia to issue two telecom licenses, sell minority stake in Ethio Telecom

Published 08 Jul 2019 09:50 CET | Ethiopia

Ethiopia will award two telecoms licenses to multinational mobile companies, Reuters reported, citing a senior official. State Minister of Finance Eyob Tekalign Tolina said ...