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.
On September 11, 2026, Ethio Telecom, alongside Djibouti Telecom and Sudatel Group, advanced the Horizon Fibre Initiative towards commercialisation, developing a terrestrial fibre corridor connecting Djibouti, Ethiopia, and Sudan. This latest phase followed a stakeholder meeting and high-level workshop held in Addis Ababa. Previously, on September 10, Ethio Telecom announced plans to significantly expand its 4G network during the 2026/27 budget year, increasing the number of LTE sites from 6,924 to 11,014. This expansion aligns with its Next Horizon – Digital & Beyond Strategy 2028 Year II Annual Business Plan, which was published on September 3, 2026.
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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 mobile services. For full access to Ethio Telecom's revenue breakdown subscribe to Caretta Portal.
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