Ethio Telecom said its total subscribers rose 9% to 78.3 million, while subscribers to its financial service Telebirr rose to 47.55 million customers from 34.3 million in the year to end-June 2023.

Ethio Telecom will become the first company to list on Ethiopia's new stock market next week when the government sells a 10% stake in the company, Brook Taye, the CEO of its owner Ethiopia ...

Ethio Telecom has borrowed $3.1bn from China to build its infrastructure and has only paid a small portion.” No cash cow. Consultant Fentaw Abitew issued a warning to potential investors in Ethio ...

NAIROBI, Kenya—Ethiopia said it plans to sell stakes in some of the country’s most prized assets after decades of state control, including telecommunications company Ethio Telecom and booming ...

Ethiopian state-owned telecoms company Ethio Telecom's revenues were 75.8 billion birr ($1.39 billion) in its latest financial year, up 23.5% on the previous year, its chief executive said on Tuesday.

Another likely route for Ethio Telecom, which the country has already tried before, is to sell part of the telco and pledge to maintain its monopoly for a period of time. Between 2016 and 2017, a ...

NAIROBI, Kenya—Ethiopia said it plans to sell stakes in some of the country’s most-prized assets after decades of state control, including telecommunications company Ethio Telecom and booming ...

Ericsson ( ERIC) penned a framework contract with Ethio Telecom to help the latter in enhancing the performance and capacity of its 2G/3G network in Ethiopia.This assistance will fuel Ethio ...