Ethio Telecom Launches Contract Plan Scheme

Frehiwot Tamiru


Ethio Telecom Launches Contract Plan Scheme

Ethio Telecom has set its postpaid mobile broadband contract plan service in motion. The plan entails an initial downpayment wherein customers are able to take home a smartphone, Wi-Fi modem or dongle and complete their purchase through monthly payments. Customers are required to produce legal documents such as a guarantee letter from a government office, a microfinance institution, or a private company to be eligible for the contract. They can then choose their preferred device and select a plan from the range of data, call-time, and SMS package options available. The products offered are primarily manufactured by Huawei, the Chinese telecom provider, which also executed Ethio telecom's upgrade to the 4G LTE network, though models from Samsung and Lenovo are available as well. The most expensive option entails a 1,200 Br downpayment along with 24 monthly payments of 3,090 Br for a Samsung Galaxy A30 smartphone with a full range of unlimited services. The device financing model was initiated with the aim of boosting telecom penetration in the country and smart phone usage. Ethio telecom expects to grow the number of smartphone users from 33pc to 60pc with this scheme.

[ssba-buttons]

Radar

Milkii App Disburses 25 Million Br in Collateral-Free Loans in Two Months

Oromia Bank's new collateral-free digital lending app, Milkii, has disbursed 25 million Br in loans without requiring collateral. Of this, 16 million Br has already been repaid, generating 1.4 million Br in revenue within just two months. Developed in partnership with Quantum Technology PLC, the app plans to make lending more accessible and inclusive, aligning with Oromia Bank's contribution to the Digital Ethiopia initiative. According to a press release, Milkii promotes financial inclusi...


Radar

Ethiopia Partners with UK to Ease Shipping Bottlenecks

The Ethiopian Freight Forwarders & Shipping Agents Association (EFFSAA) and the British International Freight Association (BIFA) signed a memorandum of understanding (MoU) on May 27, 2025, at Hyatt Regency Addis Abeba, to address skills gaps, customs delays, and corridor inefficiencies in the freight and logistics sector. The partnership focuses on technical cooperation, training, and regulatory reform. With over 90pc of trade dependent on the Djibouti corridor, rising congestion, customs...


Radar

Education Authority Sanctions Mishqen College for Rule Violations

The Education & Training Authority has issued a decisive directive last week, mandating legal action against Mishqen College for persistently defying regulatory orders and unlawfully continuing to offer higher education services. Mishqen College had previously been licensed to conduct undergraduate distance learning programs across multiple regions from 2019 to 2022. However, after serious regulatory breaches, the institution was ordered to cease all instruction, complete pending academic...