A tender has also been issued to sell 40% of Ethio Telecom to a private telecom operator
Due to its entry into Ethiopia, in addition to other factors, Safaricom's net profit for the six months ending in September declined by 10%
It is noted that the commencement of the 5G service is believed to enhance the plan of making Adama a smart city
Ermias is a controversial businessman who pioneered various businesses after returning from the USA where he worked as an investment banker.
The CEO said that this system is cost-saving and the cost of paying in dollars for similar foreign services will be eliminated.
There are around 2.7 million registered merchants under the Ministry and it is delivering services online since July 2022
It is mentioned that the contact center service came up with a solution to overcome the problems of handling social media inboxes separately.
Ahmed Shide, Minister of Finance, announced that Safaricom Ethiopia is granted a license to operate a mobile money service in Ethiopia.
Telebirr issued the mentioned amounts of loans and collected deposits just in less than two months.
Besides the financial targets, Ethio Telecom proposed to launch modern digital services such as music and IPTV/streaming