Ethio Telecom is a state-owned company headquartered in Ethiopia. Founded in 2010, the company, which was previously known as the Ethiopian Telecommunications Corporation (ETC), employs approximately 6,060 individuals and reported $1.1B in revenue as of 2025. Functioning as a tier 1 media tech buyer, the company specializes in providing telecommunications services.

2025 Revenue

Founded

2010

Headcount

13,371

Headquarters

Ethiopia

Primary Segment

Telecoms

Ownership

State Owned

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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Ethio Telecom offers 7 products in the media and telecoms services industry. Ethio Telecom's product portfolio comprises of telecoms and media and TV services.
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Ethio Telecom's revenues were over $1B in 2025. Caretta Research has split Ethio Telecom's revenue into 7 different product categories, the largest of which is consumer broadband. For full access to Ethio Telecom's revenue breakdown subscribe to Caretta Portal.
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Examples of Ethio Telecom's suppliers include ZTE, Gilat Satellite Networks and MwareTV.

Example Suppliers

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