The CEO pointed out that Ethio telecom will also increase the subscriber base by 7.8 percent to reach 78 million, mobile voice customs share by 7.5 percent to reach 74.74 million, data and ...

Ethio-Telecom Chief Executive Officer, Frehiwot Tamiru, addresses the launch of 10% share offer of the state owned Telecom operator, to Ethiopian nationals in Addis Ababa, Ethiopia, Oct. 16, 2024.

Prime Minister Abiy Ahmed remarked that the sale of 10 percent of Ethio Telecom's shares not only improves the company's competitiveness, but also opens a new chapter for many Ethiopians to invest ...

State-owned Ethio Telecom has set a share price of 300 birr ($2.54) for the 100 million shares it plans to sell via the company's mobile payment service prior to a stock market listing, the ...

Frehiwot Tamiru , CEO of Ethio telecom has released major performance metrics today. According her, Ethio Telecom has generated a total revenue of 93.7 Billion Birr marking a 21.7 percent increase ...

Ethio, Ethiopia's biggest network operator with more than 78 million customers, said 60,000 will switch to fiber in Addis Ababa, the country's capital, plus 40,000 more across regional areas. "As part ...

Ethiopia's state-owned Ethio Telecom sold only 10.7% of the shares in its initial public offering in which the government sought to trim its equity in the firm.

Ethiopian carrier Ethio Telecom will kick off its plans to sell a 10 percent stake next week. The planned sale comes ahead of the company's listing on the country's new stock exchange.

Disclosures made by State-owned telco Ethio Telecom in a prospectus for its ongoing initial public offering, put its subscriber base at 78.3 million users, translating to a 94.5 percent market share.