"The 130-year-old Ethio Telecom is offering ten percent of its shares to the public, laying the groundwork for Ethiopia's stock market," Prime Minister Abiy Ahmed wrote on X. The announcement came ...

Ethiopia's government on Wednesday launched a sale of shares in the historic telecoms operator Ethio Telecom, in what it called a "significant milestone" in modernising the country's state ...

ADDIS ABABA: Ethiopia's state-owned telecoms operator Ethio Telecom fell 13.6% short of its first-half revenue target, with parts of its network hobbled by military conflict in the north of the ...

State-owned telecom Ethio Telecom, which is preparing for an initial public offering, is also widely expected to list shares on the exchange. "In a historic milestone for our economic and ...

The launch of the stock exchange means the government initiated a domestic stock market, starting with the state-owned Ethio Telecom, which is yet to commence an initial public offering of shares ...

The state-run Ethio Telecom, the country's only telecoms provider, has refused to comment on the outages. The closure of the services coincides with nationwide exams, which some say may be the ...

The Ethiopian government intends to sell 10% of the shares of the state-owned telecommunications operator Ethio Telecom before listing the company's shares in the Ethiopian Securities Exchange. This ...

New Delhi, Jan. 27, 2025 (GLOBE NEWSWIRE) -- According to Astute Analytica’s latest market analysis, the Ethiopia mobile value-added services market was valued at US$ 1.96 billion in 2024 and is ...

Ethio Telecom, acknowledged as the country’s most established operator, reported 78.3 million active subscribers by the end of June 2024, ensuring a considerable user base for voice-based infotainment ...