Ethio telecom Introduces Alternate WiFi Service

Mar 26 , 2022


The state-owned Ethio telecom has introduced a 4G wireless broadband internet service dubbed "WTTX". It enables the use of 4G-enabled SIM cards. The new product, supplied by Chinese tach giant Huawei, comes as the state-owned giant prepares for competition in the form of Safaricom Ethiopia Plc, which is scheduled to launch commercial operations next month. The 4G home wireless broadband internet service utilizes the existing 4G LTE mobile network as a fixed broadband internet service option to give customers an alternative to the wired broadband connection. It is expected to benefit users in areas where broadband internet infrastructure is not yet deployed. The service was announced last week when Ethio telecom inaugurated 24 premium service branches in the capital and regional towns. Last month, the company introduced a platform that digitises traffic penalty payments through its mobile money service, Telebirr.


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Parliament Nods for Cabinet Appointments

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Abyssinia Group Eyes Expansion with IFC Funding

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Fitch Acknowledges Easing Financial Pressures, Enhanced Macroeconomic Stability

Fitch Ratings has upgraded Ethiopia's Long-Term Local-Currency Issuer Default Rating (LTLC IDR) to 'CCC+' from 'CCC-', citing easing financing pressures, improved macroeconomic stability, and increased confidence that local-currency obligations will not be part of the ongoing debt restructuring. This positive development comes as the government implements key reforms and secures renewed concessional external financing. The ratings agency has taken note of the introduction of a market-based ex...


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