Ethio Telecom concluded financing and framework agreement with Ericsson on Tuesday, December 16, 2014, for the upgrade work of the telecom’s network capacity and performance. The network upgrade work is particularly going to be focused on mobile communication and related services.
Ethio Telecom announced that it was implementing a new 3 year strategy called Lead starting from July 01, 2022 with the aim of providing services beyond connectivity, enabling inclusive growth by providing digital and financial services, and simplifying the daily activities of organizations and individuals. The new strategy substituted the telecom’s strategy named Bridge which was implemented between 2019 and 2022.
Bridge was designed to meet the market dynamism, reshaping and leading the company with a competitive mindset with the ultimate aim of making it a preferred operator.
Ethiopia's sole telecom services provider Ethio Telecom has announced that it is cutting down tariff on internet and voice call services, starting tomorrow, August 27, 2020. Frehiwot Tamiru, Ethio Telecom's CEO, broke the news during a media briefing on the company's three-year strategy and 2020/21 plan.
Ethiopia's sole telecom services provider Ethio Telecom amassed a profit of over $686 million (22.04 billion birr) in the first half of the fiscal year 2019/20, the company announced.
The Ethiopian telecom monopole, Ethio telecom, secured over five Billion Birr in the first quarter of this fiscal year.
