Ethio Telecom tops 18m subscribers
ETHIOPIA| 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 ETHIOPIA NEWS
Cyber Security Africa set for EthiopiaThe 2nd Annual Ethiopia Banking & ICT Summit will take place in November 21st, 2014 at Sheraton Hotel, Addis Ababa, Ethiopia. Read More
Microsoft, UNDP partner to support Ethiopian entrepreneursMicrosoft has signed a collaborative agreement with the United Nations Development Programme (UNDP), under which Microsoft will provide training and mentorship services to 200,000 Ethiopian entrepreneurs. Read More
MWH Global names Ethiopia Country ManagerMWH Global has hired Moghes Ayalew Mekonen as the country manager for its operations in Ethiopia. Read More
SatLink chosen as global TV distribution partner for Ethiopian TV agencySatLink Communications has been selected by the Ethiopian Radio and Television Agency (ERTA) for the global distribution of its ETV news channel. Read More
AUC on education: leave no one behindICTs, infrastructure and collaboration must be employed to ensure that no country is left behind in Africa’s efforts to improve education, delegates heard at an AU Commission education forum. Read More
African Union marks Science and Technology weekScience and Technology is key for Africa’s socio-economic advancement, says the African Union. 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
New Climate Innovation Centre in EthiopiaEthiopia is set to reap the rewards of a new initiative to help local businesses develop and deploy climate friendly technologies that will create thousands of new green jobs. Read More
Ethiopia approves 3 new solar projectsEthiopian Electric Power Corporation (EEPCo) has approved a 300 Megawatt solar project in partnership with two US firms. Read More
FEATURED STORYPWC: Optimism abounds but a bumpy journey ahead for some
PwC’s ‘Capital Projects & infrastructure in East Africa, Southern Africa and West Africa,’ report says infrastructure spend in the region is projected to reach $180bn per annum by 2025.
BEST READ NEWS
IN DEPTHAfrica lags on digital migration
Only three African countries have so far completed the digital migration process, and serious issues are hampering the migration in other nations.