Ethiopia's incumbent telecom operator -Ethio Telecom- is seeking to strengthen its position on the national telecom market amid increasing competition. Its sole competitor currently covers 40% of the population.
Last week, the state-owned Ethiopian telecommunications company, Ethio Telecom, announced the expansion of its 4G internet service to an additional 77 cities across Ethiopia, bringing the total number of covered Ethiopian cities to 417.
"Our company is committed to continuously expanding various infrastructures and deploying state-of-the-art technologies to simplify daily life of the citizens and modernize work systems, thereby driving the digital economy and promoting the multifaceted development of the nation," the company said in a press release.
This acceleration in 4G network coverage expansion is expected to reach more people and bolster Ethio Telecom's leading position amidst heightened competition. The historic operator shares the market with private telecom operator Safaricom Ethiopia since October 2022, with the government planning to introduce a second private operator in the country.
As of December 31, 2023, Ethio Telecom boasted 74.6 million customers, including 36.4 million internet subscribers. By March 31, 2023, Safaricom Ethiopia had 9.4 million mobile services subscribers, covering approximately 40% of the Ethiopian population estimated at 123.4 million by the World Bank.
Enko Capital acquires Servair’s fast-food unit in Côte d’Ivoire, including the Burger King franchi...
From eastern Chad, where measles and meningitis are spreading through overcrowded refugee camps, to ...
(EBID) - EBID aims to allocate nearly 41% of its commitments to projects with environmental and...
As the Japanese automaker faces global headwinds, it is doubling down on its operations in Egypt, ai...
Mobile phones have become essential tools for work, education, payments and staying connected across...
By Idriss Linge, Editorial Director The prevailing narrative can be summed up in one sentence: pressured by Donald Trump’s tariff policy and...
Benin and Portugal signed several bilateral agreements during Portuguese Foreign Minister Paulo Rangel’s visit to Cotonou. The deals cover visa...
Côte d’Ivoire prioritizes domestic natural gas for electricity generation over exports. Power demand grows 10%–15% annually, driven by domestic...
Ghana and Sierra Leone signed six memorandums of understanding and one cooperation agreement across strategic sectors. The partnership aims to...
The history of Kerma stretches back several millennia. Located in what is now northern Sudan, the site was inhabited as early as prehistoric times....
CANAL+'s film arm backs a ZAR 300-million feature rooted in South Africa's anti-apartheid music movement. Production kicks off June 29 in Cape Town,...