Ethio Telecom Market Research Report
Company Overview
- Name: Ethio Telecom
- Mission of the Company: Provide reliable communications and digital financial services to simplify life and accelerate the digital transformation of Ethiopia.
- Founded: Ethio Telecom was formally established on November 29, 2010. However, telecommunications services in Ethiopia date back to 1894.
- Founder: The telecommunications service was originally introduced by Emperor Menelik II.
- Key People: No specific information available.
- Headquarters: Addis Ababa, Ethiopia
- Number of Employees: 10,001+
- Revenue: No information is available.
- Known For: Ethio Telecom is known as Africa’s pioneering telecom provider, offering reliable connectivity, advanced technology, and financial services, and driving Ethiopia’s digital transformation.
Products
Telecommunications Services
- 5G Network:
- Description: Recently launched to enhance societal and business connectivity.
- Key Features: High-speed internet and data services.
- 4G/LTE Services:
- Description: Mobile broadband service.
- Key Features: Broad coverage and fast internet speeds.
- 3G Network:
- Description: Third-generation network offered since 2007.
- Key Features: Improved mobile and internet connectivity over previous generations.
Digital Solutions
- Telebirr:
- Description: Digital financial service to facilitate transactions.
- Key Features: Secure, fast, and convenient mobile money transactions.
- Telecloud:
- Description: Cloud service offerings.
- Key Features: Provides cloud storage and computing solutions.
Online and Value-Added Services
- Ethio Ecare Service:
- Description: Online self-support portal for users.
- Key Features: Facilitates easy access to service information and customer support.
- Telehub and Telegebeya:
- Description: Online service platforms.
- Key Features: Various telecom-related digital services.
- Developer Portal:
- Description: Platform for developers to interact with digital services.
- Key Features: Access to APIs for application development.
Recent Developments
- 5G Network Service Launch:
- Ethio Telecom announced and launched its state-of-the-art 5G network in Addis Ababa and Wolaita, marking a significant milestone in enhancing Ethiopia's global competitiveness.
- New Partnerships:
- Ethio Telecom has announced a strategic partnership with Djibouti Telecom and Sudatel Telecom Group to enhance regional cooperation and service delivery.
- Smart Parking System Launch:
- Recently launched an innovative Smart Parking System in Shaggar City as part of its smart city solutions initiative.
- Technological Evolution:
- Extensive evolution from NGN and 3G services in 2007 to LTE Advanced services launched in selected areas, and the introduction of pre-commercial 5G service deployment in Addis Ababa.
Future Strategic Goals
- Vision: To become a leading digital solutions provider focusing on delivering services beyond connectivity.
- Growth Strategy: Ethio Telecom is implementing a three-year LEAD Growth Strategy initiated in July 2022 aimed at enabling inclusive growth through digital and financial services.
This report compiles available data up to the present date and reflects the current strategic positioning and product portfolio of Ethio Telecom in the telecommunications industry.
