Ethio Telecom tops 18m subscribers
TELECOMSBy BiztechAfrica - Sept. 18, 2012, 1:07 p.m.
Ethio Telecom has grown its subscribers by 450,000 per month to pass the 18 million mark.
The company said in presenting its results for the past financial year this week that it now has 18.28 million telecoms subscribers, with 805,000 of them landline users.
The total customer base as of June 2012 is 59% up on the figure at the end of the last financial year.
Ethio Telecom has seen the strongest growth in internet and data services (72%) and mobile (64%).
During the past Ethiopian budget year, the company launched various new services and tariff packages which are simple, more affordable and more diversified. Customers could also benefit from the price discount on SIM cards and on broadband data and internet services, as well as from full range of voucher denominations ranging from 5 to 1,000 Birr, and new mobile handset packages addressing each segments of the population.
Regarding SIM and voucher card distribution, Ethio telecom has implemented a new distribution strategy to achieve product and services availability and sales objectives as well as to meet customer expectations. To this end, the number of distributors increased to 45 wholesalers and more than 34,000 point of sale (retailers) in the country. More than 1.4 Billion Birr in sales revenue has been achieved from vouchers as of June 2012.
Ethio Telecom announced in releasing its results that Bruno Duthoit had been appointed the company’s new Chief Executive Officer as of 15 September 2012.
MORE TELECOMS NEWS
MTN honours Nelson MandelaThe MTN Group has conveyed its heartfelt condolences to the Mandela family, and the people of South Africa and the world on the passing away of former President Nelson Mandela yesterday. Read More
Ethio telecom moves to next phase of expansionEthio telecom reports that it has concluded the task of telecoms vendor allocation and is now proceeding to implement its network expansion project. Read More
Samsung brings new Galaxy Note 10.1 to GhanaThe much talked about Samsung Galaxy Note 10.1 2014 Edition is finally available on the Ghanaian market. Read More
Safaricom awards Capture Kenya winnersFive Kenyan photographers have won the inaugural Capture Kenya Challenge, sponsored by Safaricom. Read More
Vodafone Ghana thrills subscribers with 020 Live Red Island PartyVodafone Ghana will host its annual 020 live musical concert, dubbed the Red Island Party, at the plush Labadi beach hotel on 14 December this year. Read More
Airtel Africa joins Bridge AllianceAirtel has announced that it will join Bridge Alliance, a leading mobile alliance that is made up of 14 operators, serving over 500 million customers. Read More
Plan seeks 90% mobile, 70% internet penetrationCCK’s ambitious five-year strategic plan seeks to increase the contribution of the ICT sector to GDP by 100 percent and significantly increase mobile and internet penetration. Read More
Airtel Malawi establishes new data centreAirtel Malawi has unveiled a new data centre in Malawi’s commercial capital, Blantyre, so doubling its capacity. Read More
FEATURED STORYGaming app introduces investors to trading
A new virtual stock market app is equipping would-be investors with the skills they need to trade.
BEST READ NEWS
IN DEPTHText messaging makes mama mbogas’ lives easier
Innovative students have initiated a programme using text messaging, to aggregate demand and save money for Nairobi’s ‘mama mboga’ vegetable sellers.