
Fortune News | 35699 Views | Jul 18,2020
February 18 , 2021
Ethio telecom has launched an advanced 4G LTE service in six towns of Oromia Regional State. The service will boost the capacity and speed of mobile data.
The service was launched in Adama, Dukem, Gelan, Bishoftu, Modjo and Awash Melkasa towns. Launching the service took two months and was carried out by ZTE and Ericson. The service was deployed at 110 sites in the six towns that are under the telecom's southeast region. The towns have 551 mobile sites.
“There is high data demand in these areas,” said Frehiwot Tamiru, CEO of the 126 old telecom giant.
Last year the company launched Advanced 4G LTE in Addis Abeba at 50 sites. Currently, it is working on expanding the sites by 208. To use the service, customers need to change their SIM cards.
In the coming year, the company targets to expand Advanced 4G LTE at 1,094 sites across 103 towns.
Ending a more than century old monopoly, the government has started the process of liberalisation and privatisation. The process to award two new telecom licenses has already been launched, and the winners are expected to be announced in April.
The partial privatisation of Ethio telecom is also in the making, and Deloitte Consulting was hired to advise and oversee the process to transfer 40pc of the company's shares to a foreign company and five percent to the public.
Fortune News | 35699 Views | Jul 18,2020
Fortune News | 16065 Views | Oct 12,2019
Fortune News | 14967 Views | Mar 19,2020
Agenda | 14542 Views | Mar 16,2019
March 6 , 2021
It was somewhat of a surprise when officials at the electoral board came out to annou...
February 27 , 2021
That Ethio telecom would remain in the hands of the state was never a sure deal. A ra...
February 20 , 2021
The late Prime Minister Meles Zenawi was in parliament in 2010, taking questions on h...
February 13 , 2021
What most spooked buyers owning a billion dollars of Ethiopia’s Eurobonds was not a...
Put your comments here