Fortune News | May 16,2020
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/.
Fortune News | May 16,2020
Radar | Oct 22,2022
Radar | Feb 28,2026
Fortune News | Aug 17,2025
Advertorials | Jul 25,2025
Radar | Jul 17,2022
View From Arada | Jul 17,2022
Editorial | Dec 13,2025
In-Picture | Jun 22,2024
Editorial | Dec 07,2024
Photo Gallery | 186107 Views | May 06,2019
Photo Gallery | 176136 Views | Apr 26,2019
Photo Gallery | 171818 Views | Oct 06,2021
My Opinion | 139557 Views | Aug 14,2021
May 9 , 2026
The Ethiopian state appears to have discovered a fiscal instrument that is politicall...
May 2 , 2026
By the time Ethiopia's National Dialogue Commission (ENDC) reached the end of its fir...
Apr 25 , 2026
In a political community, official speeches show what governments want their citizens...
For much of the past three decades, Ethiopia occupied a familiar place in the Western...