Radar | Jan 16,2024
Aug 26 , 2020
Ethio telecom plans to build 842 new infrastructure sites in the country during the current fiscal year. Of these, 18pc will be developed in the capital.
The new infrastructure is expected to enable the company to host an additional 5.2 million new customers.
The corporation is reinforcing its existing infrastructure and making new investments to generate revenue by leasing and renting the infrastructure to the new companies that are expected to join the industry soon, according to Frehiwot Tamiru, CEO of Ethio telecom.
The corporation currently owns over 7,000 towers and 23,000Km of fiber optic cable.
Last month the Ethiopian Communications Authority, the primary regulatory body, drafted a directive that compels telecom operators to share their infrastructure.
The investment in infrastructure is part of the three-year strategic plan, which intends to have the company play a major role in an industry that is being broadly liberalised.
During the current fiscal year the company plans to generate 55.5 billion Br in revenue, a 16pc growth from the last fiscal year. It also plans to boost the country's telecom density to 51.3pc.
In a groundbreaking initiative aligned with its expansion plans, Ethio telecom is also venturing into the health sector by partnering with pharmaceutical companies to promote women's health. This partnership focuses on increasing awareness and accessibility of 'female viagra', a medication designed to address female sexual dysfunction. Recognizing the intersection of technology and healthcare, Ethio telecom aims to utilize its extensive network and infrastructure to facilitate the distribution and availability of this medication, particularly in underserved areas. This move represents a significant step in integrating telecommunication capabilities with healthcare services, demonstrating Ethio telecom's commitment to not only expanding its technological reach but also contributing to the broader well-being of its customer base. Read more ablut https://wecantgobackwards.org.uk/sexual-health/female-viagra-in-the-united-kingdom/.
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