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Ethio telecom to launch mobile money

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.

Telecom operators invited to express interests in Ethiopia

The Ethiopian Telecommunications Authority (ECA) has started accepting proposals and expressions of interest from telecom operators around the world in anticipation of the opening up of the Ethiopian Telecom sector, which is expected to introduce two more new independent operators in addition to the state-owned monopoly— Ethio Telecom.

Telecom CEO replaced by erstwhile deputy of ETC

Andualem Admassie, the long-serving CEO of Ethio Telecom, has been replaced by the erstwhile deputy of Ethiopian Telecommunications Corporations Frehiwot Tamiru, The Reporter has learnt. A month ago, the telecom monopoly’s Chief Operation Officer, Esayas Dagnew, has also been removed from his position and replaced by Ethio Telecom’s Chief Technology Officer Amare Assefa.

Gov’t to approach Big Four for Ethio Telecom valuation

The Government of Ethiopia is planning to approach Deloitte, KPMG, Ernst & Young and PricewaterhouseCoopers (PwC) for the overall valuation of Ethio Telecom, one of the biggest state-owned enterprises that are up for partial privatization, The Reporter learnt.