Datacenter Dynamics

Ethio Telecom in dispute with newcomer Safaricom over damaged infrastructure

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 ...
Datacenter Dynamics

Ethio Telecom looks to develop hyperscale data center in Ethiopia

Ethio Telecom is looking to develop a hyperscale data center in Ethiopia. The telco this week said it was in strategic talks with Shandong Hi-Speed Group Co. Ltd. about building a hyperscale data ...
Reuters

Ethio Telecom forecasts 19% rise in revenue in 2023/24

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 ...
Reuters

Ethio Telecom says half-year revenue rises more than 40%

ADDIS ABABA, Feb 12 (Reuters) - Ethiopian state-owned telecoms firm Ethio Telecom recorded half-year revenue of 61.9 billion birr ($491.57 million), up more than 40% on the same period a year earlier, ...
CNBC Africa

Ethio Telecom’s full-year pretax profit up more than 80%

Ethio Telecom Chief Executive Officer Frehiwot Tamiru addresses delegates during the 2023/2024 semi-annual business performance in Addis Ababa, Ethiopia January 23, 2024. REUTERS/Tiksa Negeri/File ...