Sunday, April 14, 2024
BusinessEthio telecom to face stiff competition as Safaricom launches service in Addis

Ethio telecom to face stiff competition as Safaricom launches service in Addis

– Managers of Safaricom say there is no plan to launch unlimited data services
– It plans to control 30 to 40 percent of the market in less than 3 years
Safaricom Ethiopia launches commercial services in Addis Ababa, ending the half-century old telecom monopoly that was under the control of ethio telecom.
At a press briefing held at the Hayatt Regency Hotel today, Safaricom’s managers announced that residents of Addis Ababa can now get telecom services from Safaricom beginning today.
The “07” network in Addis Ababa is offering customers 4G data, voice, and SMS services between Safaricom Ethiopia and Ethio Telecom customers; international calls worldwide; and affordable phones for purchase, said the company in a statement released today.
“Customers will be able to purchase SIM cards, choose their preferred numbers, buy airtime and access dedicated customer support at the branded shops in the city at Garad Mall, Meskel Flower, Jemo, Bole (in front of Selam City Mall and CMC (beside Gast Mall) and all branded souks,” it added.
William Ruto, the new president of Kenya, has arrived in Addis Ababa today. A part of his plan during the visit is to attend the grand launching ceremony of Safaricom. Prime Minister Abiy Ahmed and other senior officials will be present during the ceremony.
- Advertisement -

Video from Enat Bank Youtube Channel.


- Advertisement -


More like this

“The world has changed. The aid is less.”

UN rep calls for private sector involvement in humanitarian...

New legislation to shift gov’t project compensation payments to regional admins

Federal officials allege widespread fraud in regional compensation claims...

AU awaits financiers for “top priority” post-ATMIS mission

The AU has yet to secure the financing needed...

ESX unveils stringent listing requirements

Companies must have 500mln in capital, at least 300...