Tag: Ethio Telecom

ethio-telecom announced that all telecom lines to the Mekelle Core Site in Tigray have been severed. This was disclosed at a press conference the CEO of ethio-telecom, Frehiwot Tamiru, gave on December 10, 2020 at Skylight Hotel.

The government of Ethiopia is considering a Public-Private Partnership (PPP) to build its first communications satellite that is expected to cost over USD 350 million.

Prime Minister Abiy Ahmed (PhD) directed his macroeconomic reform team and the Privatization Advisory Council members to proceed with the process of privatizing 40 percent of Ethio-telecom as well as liberalizing the telecom market by issuing two service provider licenses.

After series of negotiations and deliberations, the National Bank of Ethiopia (NBE) has finally given the greenlight to the national telecom company, Ethio telecom to start mobile money services.

After much speculation surrounding the privatization of Ethio-telecom, a telecom monopoly in Ethiopia, the Ethiopian Telecommunications Authority (ECA) has invited potential bidders to express their interest in acquiring a stake in the state-owned giant, which is projected to fetch billions of dollars to the cash strapped Ethiopian economy.