Ethio Telecom has already come to blows with newcomer Safaricom, alleging that the operator has damaged its infrastructure. The incumbent telco is so outraged at Safaricom, that it has threatened ...

ADDIS ABABA, Feb 12 (Reuters) - Ethiopian state-owned telecoms firm Ethio Telecom recorded half-year revenue of 61.9 billion birr ($491.57 million), up more than 40% on the same period a year earlier, ...

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 ...

Ethiopian telco Ethio Telecom has announced the final plan for its copper switch-off initiative. The carrier revealed plans to transfer the remaining 100,000 customers on its copper network over to ...

Ethiopia’s state-owned Ethio Telecom sold only 10.7% of shares in its initial public offering aimed at boosting investment in the country’s struggling economy. The mobile operator raised 3.2 billion ...

ADDIS ABABA, Jan 12 (Reuters) - Ethiopia's state-owned telecoms company Ethio Telecom said on Thursday that its half-year revenues rose 20% to 33.8 billion birr ($632.99 million). Ethio Telecom is ...

ADDIS ABABA (Reuters) -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 usage, the state-owned Ethiopian ...

The Ethiopian jazz great will perform at the Howard Theatre on June 23 and 24. Most of us don’t think of music as a science. Mulatu Astatke, the Ethiopian vibraphonist who created the style known as ...

During the IPO, which commenced on October 16 and closed on February 14, Ethio Telecom sold 10.7 million shares out of 100 million on offer, Chief Executive Officer Frehiwot Tamiru said at a press ...