Thu. Jun 20th, 2024

Safaricom Ethiopia re­vealed a plan to invest 1.5 billion USD in building 5,000 new towers over three years to extend network infrastructure through­out the country.

Safaricom Ethiopia re­vealed a plan to invest 1.5 billion USD in building 5,000 new towers over three years to extend network infrastructure through­out the country

According to a statement sent to local media, Safaricom Ethio­pia announced that the investment is part of its commitment to provide high qual­ity, reliable telecommunication services to customers across the country. The opera­tor manages 2,500 towers around the na­tion; including 1500 self-built and the rest leased from Ethio Telecom.

“We are excited to expand our network and improve connectivity for millions of Ethiopians,” said Wim Vanhelleputte, CEO of Safaricom Ethiopia. “This invest­ment underscores our dedication to bridg­ing the digital divide and driving econom­ic growth in Ethiopia.”

“The ECA rapidly built its capacity to ad­dress the regulatory demands of the fast-changing telecommunications landscape in Ethiopia. The Authority’s recent Deter­mination No. 2 of 2024 set the Mobile Termination Rate (MTR) at 0.23 down from 0.31, enabling customers of both li­censees an opportunity to call at more fa­vorable rates, is a testament to its resolve to ensure market efficiencies and customer rights. We look forward to continued col­laboration with the Authority as we work to enhance our network and services.”

It stated that Safaricom Ethiopia’s network expansion will enhance coverage and capacity, pro­viding access to advanced mobile and digi­tal finance services, and connec­tivity for individuals and businesses.

By Chala Dandessa

I am Lecturer, Researcher and Freelancer. I am the founder and Editor at ETHIOPIANS TODAY website. If you have any comment use caalaadd2@gmail.com as email contact. Additionally you can contact us through the contact page of www.ethiopianstoday.com.

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