News Summary:
Ethio Telecom’s South West West Region issued a national competitive re-tender bid (RFQ No. 4286799) for outsourcing cleaning services on September 10. Earlier on September 10, Ethio Telecom, in partnership with Djibouti Telecom and Sudatel Group, advanced the pre-commercialization phase of the Horizon Cross-Border Terrestrial Fiber Initiative following a workshop in Addis Ababa. This initiative aims to establish a secure terrestrial fiber corridor linking Djibouti, Ethiopia, and Sudan. On September 9, Ethio Telecom announced plans to expand its 4G network from 6,924 to 11,014 LTE sites in 2026/27, as part of its Next Horizon – Digital & Beyond Strategy 2028. This follows the company's disclosure in early September of its business plan for the 2026/27 fiscal year, targeting 295 billion birr in revenue. Ethio Telecom outlined accelerated investment in 4G, 5G, fiber, data centers, and AI infrastructure, while increasingly diversifying beyond traditional telecom services into digital platforms, cloud, fintech, and e-commerce. As part of its broader contribution to national development, the operator allocated 8.1 billion birr to the National Disaster Risk Response Fund.
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