During the IPO, which commenced on October 16 and closed on February 14, Ethio Telecom sold 10.7 million shares out of 100 million on offer, Chief Executive Officer Frehiwot Tamiru said at a press ...

[Addis Ababa, Ethiopia, August 25, 2025] Ethiopia's leading operator, Ethio Telecom, in collaboration with Huawei, has announced the successful commercial deployment and stable operation of the first ...

Ethio Telecom has already come to blows with newcomer Safaricom, alleging that the operator has damaged its infrastructure. The incumbent telco is so outraged at Safaricom, that it has threatened ...

[Addis Ababa, Ethiopia, August 15, 2025] Ethio Telecom and Huawei have made history in North Africa with the region's first-ever deployment of a GigaAAU FDD tri-band Massive MIMO site. This ...

According to Huawei, it's the first deployment of its kind in Africa, and is part of Ethio's plans to push for cleaner energy applications. Multiple operators across the African continent have ...

Ethiopia is set for the historic launch of its first stock exchange this week, the Ethiopian Securities Exchange (ESX). The first listing will be operator Ethio Telecom, the country’s largest telco, ...

ADDIS ABABA, July 18 (Reuters) - Ethiopian state-owned telecoms company Ethio Telecom's profit more than doubled in its latest financial year to about 18.8 billion birr ($344 million), as revenue and ...

During the IPO, which commenced on October 16 and closed on February 14, Ethio Telecom sold 10.7 million shares out of 100 million on offer, Chief Executive Officer Frehiwot Tamiru said at a press ...

NAIROBI, July 28 (Reuters) - Ethiopian state-owned Ethio Telecom expects its total revenue to rise 19% in its 2023/24 (July-June)financial year and forecasts a 29% rise in the number of customers on ...

Ethiopia's state-owned Ethio Telecom sold only 10.7% of the shares in its initial public offering in which the government sought to trim its equity in the firm. The IPO is part of the government of ...