All Ethio telecom articles
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Financial & Performance
Safaricom takes hit from Ethiopia biz but stays upbeat on long-term potential
More tumult from Safaricom’s Ethiopian venture as local currency depreciation pummels the Group’s earnings in H1 FY24–25, but Chief Executive Peter Ndegwa keeps eye on long-term prize from growing market.
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People
Vodafone Peoplewatch: c-suite changes across the footprint
30+ senior and strategic changes at Vodafone and its partners, including more as shared operations resets; interim Business boss exits; board rotations at Investments operators; C-suite appointments in Germany and Czechia; and a familiar face brought in at Safaricom Ethiopia…
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People
Telefónica CEO to stay in GSMA chair for two more years
Álvarez-Pallete extends contract to serve in GSMA top spot until end of 2026. Appointment comes alongside overhaul of GSMA’s Board of Directors, which now includes representatives from BT, Liberty Global, and more…
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Financial & Performance
BII weighs impact of Safaricom’s shakeup in Ethiopia
A British International Investment report finds that the UK government’s backing of Safaricom Telecommunications Ethiopia is adding energy to the market, but headwinds make for mixed picture for startup operator.
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Financial & Performance
Safaricom Ethiopia is yet to get M-PESA up to speed in race with Ethio Telecom
Safaricom Telecommunications Ethiopia hails “great momentum” for M-PESA but its flagship m-money offering remains dwarfed and outpaced by rival Ethio Telecom’s Telebirr, following the latter’s headstart.
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Public Affairs
State of emergency provokes Safaricom Ethiopia network shutdown
Operator shuts down sites in Ethiopia’s second most populous region, Amhara, after conflict breaks out between military and Fano militia.
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M&A
e& weighs 20% Vodafone stake, but keeps investment options open
e& testing the waters with regulatory and competition authorities in multiple countries on raised stake, with “no red flags” raised yet.
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Strategy & Change
Orange CEO downplays Ethiopia ambitions
Heydemann currently sees little opportunity for value creation in Ethiopia under current conditions. Read more about Orange’s MEA powerhouse strategy and Q2 performance, incl. Orange Money…
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Strategy & Change
E& expansion rumours encroach on Vodafone turf
Vodafone’s largest shareholder following through with global growth ambitions, with early targets coinciding with European operator’s satellites.
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Premium
‘Final touches’ being added to M-PESA before Ethiopia launch
M-money platform could be rolled out in African nation within upcoming financial year.
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Premium
Safaricom, Vodacom drop more cash into Ethiopian kitty
Share issue by parent vehicle opens up more funds for Safaricom Telecommunications Ethiopia’s startup rollout
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Public Affairs
Ethio Telecom declares legal offensive on Safaricom after outages
State-owned Ethio Telecom threatens legal action against Safaricom Ethiopia after line installations allegedly cause service blackouts.
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Public Affairs
Safaricom reaches seven figures in Ethiopia as nation preps new licence
Safaricom reaches more than one million customers in Ethiopia only one month after its full launch.
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Strategy & Change
CEO: Safaricom to keep Ethiopia control as IFC lines up stake
Peter Ndegwa tells local media that Safaricom will remain a majority owner of new Ethiopian venture despite pending capital injection by International Finance Corporation.
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Operations
M-PESA set for Ethiopian expansion
Move finally set to go ahead after significant delays.
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Operations
Safaricom’s long-awaited Ethiopian network begins pilot
Dire Dawa test-run represents “important milestone”.
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Network & Infrastructure
Safaricom Ethiopia ready to launch network in August
Phased rollout planned for 25 cities by April 2023.
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Partnerships & Alliances
Still no date for Safaricom Ethiopia launch
STE indicates it is close to reaching network-sharing agreements with Ethio Telecom. Changes to national payments law should pave way for M-PESA.
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Operations
“A country with enormous potential”: Safaricom poised for Ethiopia launch
Safaricom Telecommunications Ethiopia aims to go live on 9 April 2022. Hopes to add M-PESA within the next 12 months. Over 300 staff recruited to work in the country.
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Public Affairs
M-PESA cleared for Ethiopian launch
State Minister of Ethiopia’s Ministry of Finance anticipates wider Safaricom launch “sometime in April”. M-PESA app will be introduced to a new market of 116 million people. Question marks remain regarding third telecoms licence in the country.