The internet connectivity service provider 3air and the Swiss company K3 Telecom have secured a $10 million contract to build new telecom infrastructure in Ethiopia. Following the signing of an MoU, 3air, as an official partner of K3, has started planning to roll out a network in Addis Ababa.
3air owns a secure, decentralized, high-performance blockchain network dubbed "SKALE", which K3 Telecom intends to use to facilitate the project avoiding the laying of underground cable. Using its "Cable Through the Air" service delivery model, K3 Telecom claims it can install the infrastructure covering Ethiopia's capital Addis Ababa with radio signals in six-months time. 3air and K3 aim to take part in the Ethiopian government's digital transformation efforts, including its provision of digital ID.
K3 Telecom claims to have invented a Cable Through the Air service delivery model that, it claims, can install infrastructure within 6 months. It saves time and money by avoiding the laborious underground cable laying model and covering 90 percent of the capital city with radio signals. The Ethiopian government launched its digital transformation strategy in 2020 with the goal to digitize the growth and development of every citizen. 3air claims to be leading the change by providing digital identities, bankless payments, and microloans to individuals and businesses. It claims its SKALE blockchain network can process ‘lightning-fast’ transactions.
The second most populated country with a population of over 115 million, Ethiopia's economy is one of the fastest-growing in the globe, and one of the remaining most enticing for global telecom giants.
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Source: Mobile Europe
