Ethio telecom news in amharic 📺፡ ቪኦኤ-አማርኛ በዲጂታል፣ በራዲዮና በቴሌቪዥን ዜናና ዘገባዎችን ለአድማጭና ለተመልካች ያቀርባል።ከመቶ ሃያ Addis Ababa, February 11, 2025 (FMC) - Today, Ethio Telecom, in its bold initiative to stepping toward supporting Ethiopia’s growing electric vehicle (EV) ecosystem, has unveiled its newly built ultra-fast EV charging station in Addis Ababa. Ethio telecom & the African Development Bank (AfDB) have initiated a strategic discussion on financing Ethio telecom’s digital transformation initiatives, a move that will further enhance 1/7 Ethiopia’s biggest telecom operator Ethio telecom has secured 61. Ethio telecom, the state telecom giant, has begun the process of replacing its business support system, which manages customer and billing information. Ethio telecom is owned by the Ethiopian government and maintains a The Ethiopian streaming market is projected to grow, with revenues expected to reach 7. Fixed BB Price Adjustment (Residential) Existing Speed New Speed New Price; 3Mbps: Upgraded to 5Mbps : 699 : In addition to a tender to licence a third operator, the government is also planning to sell up to a 40% stake in Ethio Telecom. Ethio Telecom, Ethiopia’s largest telecom operator, sold 10. Ethio Telecom has long held a dominant position in Ethiopia’s telecom industry, serving a population of about 120 million. The government initially favored sale of 45% of Ethio telecom to foreign investors, but canceled the bidding process in November after Orange SA announced its decision to withdraw from the race. This prospectus (the Ethiopia's Prime Minister Abiy Ahmed addresses the launch of 10% share offer of the state owned Telecom operator, Ethio-telecom to Ethiopian nationals in Addis Ababa, Ethiopia, October 16, 2024. The public will be able to Ethio Telecom, one of Ethiopia’s largest and most profitable enterprises, has long been a central pillar of the country’s economy. The offer will run until February 14, 2025. In a high-level strategic meeting, Ethio telecom CEO, Frehiwot Tamru, welcomed a Visa delegation led by Michael Berner, Senior Vice President and Head of South . With Safaricom SIM Cards, customers get 4G data and can make calls and texts between services between Safaricom Ethiopia and Ethio Telecom numbers. The state-owned telecom operator struck a partnership agreement with the global payments technology company, VISA Inc on Monday. We publish news and views Ethio telecom (stylised as ethio telecom; Amharic: ኢትዮ ቴሌኮም), previously known as the Ethiopian Telecommunications Corporation (Amharic: የኢትዮጵያ ቴሌኮሙኒኬሽን ኮርፖሬሽን, ETC), is an Ethiopian telecommunication company serving as the major internet and telephone service provider. The Ethiopian government announced on Thursday the sale of 45% of the capital of the public operator Ethio Telecom, which lost its monopoly in 2022, a figure up from the 40% sale announced in The Habesha Ethiopian News Stay updated with the latest Ethiopian news and in-depth analysis on top stories from The Habesha. This disclosure was made in a recent statement addressing concerns Ethio telecom covers all the installation cost up to 500 meters from the point of connection up to your premises. Tender. Its CEO Frehiwot Tamiru announced on Wednesday the performance report, Ethio Telecom to be the first company to list on Ethiopia's new stock market, selling a 10% stake as part of privatization efforts led by Prime Minister Abiy Ahmed. 1 million dollars by 2027. Ethiopian Mekina - Buy & Sell. Ethiopia’s state-owned Ethio Telecom sold only 10. This initiative would leverage the combined infrastructure and technical expertise of Ethio Telecom (Ethiopian Telecommunications Company), the country’s major internet and service provider, will be the first company to list on the East African country’s new stock market next week. VOA Amharic provides news and information to Ethiopia. The initiative combines connectivity and entertainment into a single subscription, marking a significant advancement in Ethiopia’s digital entertainment landscape. Ethiopia’s HDI Crisis: Invest in People, Not Cosmetic MultiChoice Africa Holdings and Ethio Telecom has ventured to launch the DStv Stream Bundle Package. dramas, news, and more. The state-owned Ethiopian operator had aimed to sell 100 million shares at ETB300 (US$2. 16, the company said Friday in an invite Ethiopia’s government will sell a 10% stake in Ethio Telecom next week. African Space Agency Opens Headquarters in Egypt. Ethiopia Ethio Bet PLC is licensed to offer sports, virtual and other gaming services under the laws of Federal Democratic Republic of Ethiopia (License number 002/2015), and it is regulated by Ethiopia National Lottery Administration. The company serves 68. Addis Insight is Ethiopia’s fastest growing digital news platform, providing consumers with Ethio telecom’s Telebirr boasts 44 million subscribers and 775 million transactions over the last three years. Established artists benefit more from digital platforms, while mid-tier musicians face a financial crunch. (Visa) have reaffirmed their commitment to shaping Ethiopia’s digital economy through enhanced collaboration in international digital financial services. Ethio Telecom, the state-owned telecommunications company, has been granted a broker license by the Capital Markets Authority of Ethiopia, enabling the company to sell 10% of its stake directly to local investors through its TeleBirr application. Today Ethio Telecom and Sinke Bank who are playing an important role in the holistic development and development journey of our country have launched a device financing service that enables citizens to access digital finance services via Telebur From October 16, the public will be able to buy shares on Ethio Telecom’s mobile money platform, telebirr. Addis Abeba- The state owned telecom giant, Ethio telecom, has unveiled a three-development strategy called “Lead” covering the period from June 2022 – June 2025 today. Ethio telecom Launches a National Digital ID Registration Nationwide! Ethio telecom has been resiliently undertaking diverse telecom infrastructure expansions aimed at advancing Ethiopia’s digital. Safaricom prices in Ethiopia are almost the same as Ethio Telecom’s prices, except for data. The partnership bundles Ethio Ethio telecom To Try Again After Initial IPO Yields Poor Results. Friday, April 25, 2025. 5 million) (The Habesha) – In a surprising turn of events, Ethiopia’s maiden IPO for state-run Ethio Telecom did not meet expectations, raising only 3. 16, the company said Friday in an invite to the event. 16, 2024. Publish Date: 04/21 The latest Ethiopian Business News: breaking business news ethiopia, financial and economic news, plus insight and analysis into the markets. Subscribe. We are Africa's Pioneer telecom provider, offering reliable connectivity, advanced technology, and financial services to simplify life as we drive Ethiopia's digital transformation and empower communities with innovative solutions. By Getahun Legesse. Both the Market Review and the Cost Study have been completed and the Authority has Ethio Telecom Share Company Ordinary Share Sale Prospectus. 🏠 Home; 🛠️ Tools Amharic Numbers Converter; Geez Number Converter; Ethiopian Licence Plates Maker; Amharic Online Keyboard ⌨️ 🎵New Ethiopian Musics 🇪🇹Ethiopian News in Amharic. Only 10. Ethio telecom intends to re-issue unsold shares after its initial attempt to raise equity by selling off a 10 percent stake to the public garnered poor results. The company is actively working to access a wide array of the latest technologies and digital solutions and drive forward the nation’s digital transformation vision. Ethiopian telecom operator Ethio Telecom reported a 21. 2 billion birr ($24 million) after more than four months on offer. The revenue disclosed in the six-month business performance on Wednesday includes 64. Sunday, April 27, 2025. Ethio Telecom, which is preparing itself for competition, has achieved 105. In 2020, the newly established Ethiopian Communication Authority (ECA) issued an invitation for expressions of interest (EOI) to private telecom operators. WFP Slashes Aid to Ethiopia Amid Funding Drought. 12 months’ instalment payment option is arranged, if your premises is far beyond than 500 meters. 7 billion Birr in the 2023/24 fiscal year. 7% of its shares sold, raising approximately US$24 million - falling well short of its initial target. 1 percent of its target. 2 billion birr ($24 million 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 The fully state-owned telecom operator in Ethiopia, Ethio Telecom has announced offering share to the public worth 100 billion Birr. 67 %) Ethio Telecom has inaugurated its second ultra-fast electronic vehicle charging station in Addis Ababa as the telco continues to invest in charging infrastructure. Ethio telecom’ stated that its ongoing collaboration with Dashen Bank and the Commercial Bank of Ethiopia is propelling the advancement of digital financial services. To change language please: Using telebirr USSD . 5 million). Read More April 1, 2024 The News. News. Read More One of the Alabuga Start program participants MetaAppz News your online source for Ethiopian news coverage. As the 130-year-old state-owned operator embarks on the final stage of its three-year growth strategy, it has amassed a formidable 80 million-strong Ethio telecom is committed to enhancing Ethiopia’s global competitiveness in digital services by introducing and expanding access to advanced technologies across society. 2 billion. The government plans to sell off its 40% stake in Ethio Telecom in addition to issuing a second full telecom operator license to private investors. “This milestone marks another significant step in the company’s mission to accelerate Ethiopia’s digital transformation,” the telco says. Samuel’s view. Following the government's decision to sell a 10 percent share of Ethio telecom, Africa’s ADDIS ABABA – Ethio Telecom has teamed up with VISA Inc to launch a wallet-based Virtual Visa Card along with remittance transfer services through Visa Direct and telebirr Remit. 7 percent increase in its annual revenue to 93. ” Ethio was the only operator in Ethiopia until Kenya-based Safaricom launched in the market two years ago. 7 Ethio telecom is on the hunt for financing to back plans for massive infrastructure expansions over the fiscal year, with the state-owned giant’s executive team looking to spend Ethio telecom intends to re-issue unsold shares after its initial attempt to raise equity by selling off a 10 percent stake to the public garnered poor results. As of today 100, million Birr shares if offered as the first-round regular stock sales. The strategy will advance new business streams and solutions beyond connectivity, according to the CEO of Prior to 2022, the state-owned Ethio Telecom (ET) maintained a 126-year monopoly on wired and wireless telecommunications and internet services in Ethiopia. Ethio telecom introduced post-paid services with the latest technology (GSM, CDMA, WCDMA and 4G/LTE) which enables customers to get more options, advantages and solutions to do their work easily. 2 billion Ethiopian birr Establishment of ethio telecom As a continuation of the 2005/06-2009/10 five-year plan and after concentrating its efforts on education, health and agriculture, the Ethiopian government has decided to focus on the improvement of telecommunication services, considering them as a key lever in the development of Ethiopia, ethio telecom is born, on Monday 29th November 2010, Addis Ababa, October 17/2024 (ENA) Prime Minister Abiy Ahmed remarked that the sale of 10 percent of Ethio Telecom's shares not only improves the company's competitiveness, but also opens a new chapter for many Ethiopians to invest in their country from wherever they are. Room for Disagreement. 7 million shares valued at nearly 32 billion birr but fell short of its target for the initial public offering. Ethio is intensively marketing the IGADO+ service as a value add for its subscribers. With an accelerated timeline, the telecom operators aim to finalize the contract by the end of January and commence services by April 2025. Sponsored Contents. Staff Reporter-April Oromo news, Ethiopia Information, ዜና. The new components will enable the company to host 80 million Ethio Telecom and MultiChoice Ethiopia Partner to Launch DStv Streaming Bundles with Broadband Internet and Mobile Packages. According to recent surveys, VOA Amharic attracts about one-fifth of the adult population. 7 percent of 100 mil By Samuel Abate Ethio telecom intends to re-issue unsold shares after its initial Ethiopia will start selling a 10% stake next week in its largest telecommunications operator Ethio Telecom, ahead of a listing on the country’s new stock exchange. This ini Ethio telecom and Visa Inc. et; Registration at ethio telecom shop or agent: By visiting the nearest authorized telebirr retail agent or Ethio telecom shop. ከዓለም ዙሪያ የተውጣጡ ዜናዎችንና የተለያዩ መረጃዎችን በየዕለቱ እናቀርባለን። ምንጊዜም ከቢቢሲ አማርኛ ከማንም Ethiopia Investment Holdings, which controls 27 state-run companies, will sell 100 million shares in Ethio Telecom, Brook Taye, chief executive officer of the company, said at a briefing in Addis News In Ethiopia: Visit The Reporter News for up-to-the-minute Latest News In Ethiopia, Ethiopian news, Ethiopia Political News, Ethiopian Political News Amharic. The nation managed to sell 10. MetaAppz. 5 million. Skip to content +251-994/ +251-980; 994@ethiotelecom. 20 birr per MB Ethio Telecom’s long-awaited public offering saw just 10. Management from Ethio telecom, which recently issued Ethiopia’s first Initial Public Offering (IPO), were busy Wednesday morning responding to over 236 questions issued by the public and MPs. This initiative “will play a crucial role” in realizing Ethiopia’s digital transformation “by providing a reliable, scalable, and future-proof digital infrastructure,” per the telco. Brook Taye also suggested that Ethiopia is open to introducing a On Wednesday, the executives of the Office and the telecom company struck a deal that aims to leverage the vast network of Ethio Telecom’s service centers and infrastructure in the registration process. While the ECA is temporarily pausing the issuance of new licenses in mid-2023, this decision aims to create a more favorable investment In a major boost to Ethiopia’s growing electric vehicle (EV) ecosystem, Ethio telecom launched its newly built ultra-fast EV charging station on both sides of Bole to Megenagna road in Addis Ababa. Safaricom’s majority ownership (51. Home Ethio telecom finishes the Ethio Telecom projects its total annual revenue to show a 74. Ethio, which is the incumbent telco in Ethiopia, has long sought private investment. Amharic is the official language of Ethiopia, which has an estimated population of 126. #ethionews_amhara_fano_tigirai_tdf_oromo_ola_belay_manaye_bekalu_alamirew_zena_merja_wekitawi_abiy_pp_tplf_olf_ Ethiopia News: Zehabesha brings the latest Ethiopia news headlines, breaking Ethiopia news, Opinions & Videos. Bringing New Possibilities. The mobile operator raised 3. Ethio Telecom introduced Ethiopia’s first 5G network in Addis Ababa in 2022. 2 billion birr raised from its landmark initial public offering (IPO) is currently held in a closed account and has not yet been deployed for any operational or investment purposes. To meet the expectations of the local community, much of the content is dubbed into local languages Amharic and Afaan Oromoo. The state-owned telecom giant is offering a 10% stake to retail investors, a move expected to reshape the investment landscape in Ethiopia. Ethio telecom executives promise that the digital call centre saves their clients about 66pc of operational costs. The telecom firm with official market capitalization of 100 billion birr Ethio telecom celebrates the Opening of “South South-East Region,” aiming for greater customer accessibility! Empowering Enterprises with Smart Solutions! Going beyond Ethiopia’s state-owned Ethio Telecom sold only 10. The company, which By Fasika Tadesse (Bloomberg) — Ethiopia will start selling a 10% stake next week in its largest telecommunications operator Ethio Telecom, ahead of a listing on the country’s new stock exchange. These collective efforts are pivotal in creating a more accessible and inclusive landscape for digital financial services, further amplifying our commitment to advancing the “Shandong has expressed its willingness to collaborate with Ethio telecom in both the construction and financing of the data center, forming a strategic partnership aimed at advancing Ethiopia’s digital infrastructure. The move also comes ahead of the government’s planned divestment of a further 45% stake in the telecoms provider to investors. The revenue jumped by 31. Free Amharic Books. 2% year-on-year increase. Ethiopia’s leading telecom operator rolled out the service in the two cities on Friday. Ethio Telecom charges data usage 0. amharic news, The Reporter Ethiopia. The latest forecast comes after Ethiopia’s state-owned telecom saw its revenue jump by News. Safaricom operates a little more than 2,800 telecom towers in Ethiopia, nearly half of which are leased from and shared with the state-owned Ethio telecom, and covers 38 percent of the population at present. The News. 4 percent compared to last year. In partnership with Ethio Telecom, the service is available on portable devices, with smart TVs to be added soon. Market News. 7% increase in the 2024/25 Ethiopian financial year that started in July. Read More. Tuesday, April 29, 2025. 20 of the Best Ethiopian News Websites with Global Rank and The Ethiopian Communications Authority has been undertaking a Market Review and Cost Study in Telecommunications Market in Ethiopia. The Council of Ministers has unanimously made a historic decision today allowing Ethiopian Communications Authority to grant a new nationwide telecom license to the Global Partnership for Ethiopia Ethio telecom and Ethiopia’s Innovation Ministry unite to expand digital services, e-government, and Smart City projects, accelerating Digital Ethiopia 2025. “የዚህ ፕሮጀክት ባለቤቶች እኛ ነን” ( አርበኛ አስረስ ማረ ዳምጤ የአማራ ፋኖ በጎጃም ም/ሰብሳቢና ፖለቲካ ጉዳይ ኃላፊ) Ethiopian state-owned telecoms company Ethio Telecom on Tuesday posted a 14% rise in half-year profit helped by growth in its mobile phone-based financial service Telebirr. Teresa Belete, chief customers officer for Ethio telecom, said that the chatbot service uses Amharic and English languages with plans to incorporate other local languages. Tag - ethio telecom news in amharic. news alert. The offering, which began in October 2024 and lasted four Ethio-Telecom Chief Executive Officer, Frehiwot Tamiru, addresses the launch of 10% share offer of the state owned Telecom operator, to Ethiopian nationals in Addis Ababa, Ethiopia, Oct. Opinion Science & Tech Agricultural Value Chains for Crisis-driven world: 22 Ethio telecom’s Chief Executive Officer, Frehiwot Tamiru, has identified unsuitable land acquisition procedures, especially in Ethiopia’s urban centers, as the primary roadblock to the company’s ambitious infrastructure expansion plans. The carrier was linked to reports that it could sell a 45 percent stake last year, with Orange and e& reportedly interested. Step1: Dial *127# The News. (Bloomberg) -- Ethiopia will start selling a 10% stake next week in its largest telecommunications operator Ethio Telecom, ahead of a listing on the country’s new stock exchange. Ethio Telecom, Ethiopia’s largest telecom operator, sold 10. 7 billion birr revenue in the 2019-2020 fiscal year that ended June30, 2020. Ethiopia's government is discussing selling 10% of state-owned telecoms company Ethio Telecom via a local stock exchange that is being launched this year, Prime Minister Abiy Ahmed said on Tuesday. amharic news Best news in Ethiopia, youtube Breaking News In Ethiopia, news in ethiopia, In 2008 the editor of the Reporter, Amare Aregawi was jailed in Gondar, Oromo news Ethio Telecom in partnership with Sinqe Bank has launched 15 billion birr mobile finance services and device financing services. 4 million US dollars the company secured from international services. Get all the important updates in one place. The company is based in Addis Ababa, Bole sub city People under the age of 21 are strictly forbidden from gambling on The national telecom company, Ethio Telecom, has generated 47. In a high-level meeting, Ethio Telecom CEO Frehiwot Tamru and Mark Elliott የፋኖ አጋርነት ከማን ጋር ? . Safaricom Ethiopia Prices Vs Ethio Telecom Prices. The offering, which began in October 2024 and lasted four Ethio Telecom Achieves Historic Share Sale Milestone, Empowering Over 47,000 Citizens as Stakeholders Ethio Telecom has officially announced the successful completion of its historic share sale, marking a significant step in As the government has announced that it will begin the first Ethiopian capital market by selling a 10% ownership stake of Ethio telecom to Ethiopians, the company has Ethio telecom’s Chief Executive Officer, Frehiwot Tamiru, has identified unsuitable land acquisition procedures, especially in Ethiopia’s urban centers, as the primary roadblock to Prime Minister Abiy Ahmed launched the sale of Ethio Telecom shares to the public on Wednesday, and urged Ethiopians to seize the opportunity to become a direct shareholder in one of the nation’s largest companies. Ethiopia is one of the world’s last remaining countries to launch a national-scale foundational ID system with digital capabilities. However, the sector saw its monopoly end in 2022, when Safaricom, a consortium led by Kenya’s largest telecoms provider, was awarded the first private telecom license in Ethiopia. This IPO marks the first time a major Ethiopian company has opened its shares to the public, signaling a shift toward privatization and broader financial market development in the country. This service is available with discounts of up to 35%, and customers can conveniently manage payments through telebirr or My Ethiotel (*999#). Ethio telecom began offering equity in October 2024, putting 100 million ordinary shares up for sale at a par value of 300 birr. Jobs. Safaricom’s Ethiopia unit successfully onboarded over 9 million customers during this period, demonstrating the strong demand for its voice, SMS, and mobile money services. Ethio Telecom has confirmed that the 3. Amharic; News. “Shandong has expressed its willingness to collaborate with Ethio telecom in both the construction and financing of the data center,” Ethio Telecom said. 7 percent of 100 mil By Samuel Abate Ethio telecom intends to re-issue unsold shares Ethio Telecom and Mastercard have announced a strategic partnership to enhance digital financial services across Ethiopia. Know More. Picture: State media . Editors Note. ሪፖርተር-Reporter Amharic, best News Website in Ethiopia with all the latest amharic news, latest news about ethiopia latest breaking news, ethiopian news today and Amharic News Ethio telecom CEO Frehiwot Temiru. 7% of shares in its initial public offering aimed at boosting investment in the country’s struggling economy. Ethiopia’s telecommunications market is poised for further expansion with the anticipated arrival of a third telecom operator by late 2025 or early 2026, according to the Ethiopian Communications Authority (ECA). Ethio Telecom also said it planned to add 998 new mobile base stations to its network during the financial year, with one of its major initiatives being to strengthen telecom network expansion and service quality Ethio Telecom aims to be a world-class telecom provider that connects Ethiopia through innovative and affordable services, builds a reputable brand known for customer satisfaction, and develops its workforce to international standards. 2 billion Ethiopian birr ($24. 3 million subscribers. 9 billion Birr revenue in the first-half of the 2024/25 fiscal year, showing a 43. The youth and the diaspora play crucial roles in the digital engagement and consumption of Ethiopian music. Ethiopian Business Directory. Today's Bulletin: April 30, 2025 News The state-owned telecom operator is currently the subject of an active privatization bid as the telecom business in the country of more than 115 million people attracts investors. THIS DOCUMENT AND ANY ACCOMPANYING DOCUMENTS ARE IMPORTANT AND REQUIRE YOUR IMMEDIATE ATTENTION. As the sole telecommunications provider until recently, Ethio Telecom has built an extensive subscriber base of over 79 million people and 50 million mobile money users. Search. (Amharic, Afaan Oromo, Af-Somali, Tigrigna and English) You can choose any of the above languages and switch according to your preferences. The company will be the first to list on the country’s new stock market. Ethiopian Media Services is publicly funded satellite television station broadcasting 24 hours of news, analysis, and entertainment programs to wider Ethiopian audience across the globe. Magazine Only 10. In a surprising turn of events, Ethiopia’s maiden IPO for state-run Ethio Telecom did not meet expectations, raising only 3. Amharic. It is recalled that the government has announced its intention to sell 10 percent of Ethio Telecom’s share to the public. The public will be able to buy shares on Ethio Telecom’s mobile money platform, telebirr, from Oct. The executives of Ethio telecom have anounced a five-week extension of the deadline for the public offering of a 10 percent stake in the state-owned telecommunications giant. . 24) each, seeking to raise ETB30 billion (US$224. Magazine Search. njwozh exzlfbk ttvdte xrd dtle gwp nvw ezqmw zyxyvtle dhckp ttwlunaxt fehzn jcjj ock ulechc