Frehiwot Tamru, CEO of Ethio Telecom, and Mark Elliott, President of Mastercard Africa, recently met to discuss potential collaborations aimed at advancing digital financial services across Ethiopia. The strategic meeting focused on leveraging telebirr and Mastercard platforms to enhance financial inclusion and drive sustainable economic growth.
Employees of the former Ethiopian Telecommunication Corporation have been called back by Ethio Telecom. Ethio Telecom is forming a new company ‘Hidasse’ Telecom Supportive Share Company’ which will offer employment to all laid off ETC employees at their previous salaries.
Former ETC employees who accept the employment with ‘Hidasse’ will not be considered as employees of Ethio Telecom.
Ethio Telecom (ET) has collected 21.5 billion Birr in gross profit in the 2014/15 budget year, Capital reported.
The sole telecom service provider in Ethiopia, Ethio Telecom, announced it has made a 10 to 40 per cent tariff reduction on international voice calls, and up to 51 per cent reduction on international short text messaging.
Ethio Telecom has developed a three-year growth strategy for the three year period 1 July 2020 to 30 June 2023, and a business plan for the year 2020/21, the first year of the period for which it has devised a growth strategy. To ensure competitiveness and sustainable growth of the company, the strategy has been developed by considering and reviewing relevant government policies, international best practices, and Industry trends, Ethio Telecom said in a statement.
