Telecom

Ethio Telecom plans to acquire a telecommunications satellite

Ethio Telecom plans to acquire a telecommunications satellite
Tuesday, 08 January 2019 17:44

Ethio Telecom, Ethiopia’s incumbent operator, is planning to buy a telecommunications satellite. The infrastructure will help it extend its network coverage in remote areas and also save on the use of equipment owned by foreigners.

Ethio Telecom estimates that each year, it spends about $12 million to rent the capacity of foreign satellites. The telecommunications satellite will also guarantee sovereignty in the telecommunications sector.

The operator has been planning to acquire the purchase of a telecommunications satellite for years now but the project was blocked when the Information Network Security Agency (INSA) announced its intention to also acquire a telecommunications satellite. At the time, the government saw it as a waste of resources if each of Ethio Telecoms and INSA acquires those satellites. It then chose to buy one.  

Finally, the INSA did not buy the satellite and Ethio Telecom, which is set on making use of this opportunity, declared: “We are working on the plan. We will work on the strategy and present it to the government for approval.”

On the same topic
Authorities plan to ban pre-registered SIM card sales and launch a subscriber re-identification campaign. Measures respond to a surge in...
UNCDF, Co-op Bank Kenya sign guarantee to boost digital lending Risk-sharing aims expand financing access for startups, platforms Deal supports...
Côte d’Ivoire plans 15 agri-tech hubs to support women in agribusiness The centers will focus on processing, training, and digital tools The project’s...
Kenya becomes the first African country to establish a formal digital dialogue framework with the European Union. The partnership targets...
Most Read
01

Telecel Ghana to boost network investment by 150% in 2026 Expansion targets capacity, reliabi...

Telecel Ghana plans 150% investment increase in MTN-dominated market
02

Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...

Togo Passes Law to Criminalize Counterfeiting of West African CFA Franc
03

Namibia and Russia agreed to expand cooperation across energy, mining, and agriculture. Both coun...

Namibia and Russia Expand Economic Cooperation Across Key Sectors
04

Cameroon signs MoUs for $1.5 billion waste-to-energy projects Plans target waste treat...

Cameroon Signs $1.5 Billion Waste-to-Energy MoUs Amid Urban Sanitation Strain
05

CCR-UEMOA presents mid-term review of private sector competitiveness efforts Reforms, AfCFTA trai...

Strengthening the Business Climate in WAEMU Countries: CCR-UEMOA Reviews Its Midterm Record
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.