Safaricom Ethiopia, on July 1, announced that it now serves 10 million 90-day active customers, a major milestone achieved within four years of acquiring its operational license. On a press release ...

Safaricom Ethiopia signed up 5 million customers in 10 months but it soon became clear that its lofty ambitions have exposed managerial, operational, and domestic challenges.

Kenyan telecoms operator Safaricom's core earnings fell by a fifth in the year to March 31, hit by the cost of starting operations in Ethiopia, it said on Thursday.

Safaricom PLC has reported a profit of Ksh67.8 billion for the financial year ending 31st March 2025. According to the audited financial statements, the company’s total revenue increased to Ksh388.7 ...

Kenya's Safaricom launched its mobile network in Ethiopia on Thursday, becoming the first private operator in one of Africa's largest telecoms markets. State-owned Ethio Telecom has until now ...

Ethiopia's grand telecoms plan. Back in 2020, Ethiopia's government approved the Digital Ethiopia 2025 strategy that will see the country look to push its digital transformation. It was because of ...

Safaricom led a consortium that includes South Africa's Vodacom VODJ.J and Britain's Vodafone VOD.L which secured only Ethiopia's second operator licence in May 2021 for $850 million.

Safaricom #ticker:SCOM has evacuated some of its employees from Ethiopia because of armed conflict and civil unrest in what could disrupt the firm’s operations in the populous nation.

Safaricom #ticker:SCOM has been awarded a telecommunications licence to operate in Ethiopia — one of the world's last major closed telecoms markets, the Ethiopian government announced on Saturday.

Seamless reading experience. Save your favourite. Safaricom Ethiopia, partly owned by Kenyan telecoms operator Safaricom, started phased operations in August in the country's Dire Dawa city and ...

Ethiopia's telecommunications regulator awarded one operating licence to a consortium led by Kenya's Safaricom (SCOM.NR) Vodafone (VOD.L), and Japan's Sumitomo (8053.T) Brook Taye, a senior ...

ADDIS ABABA, Oct 6 (Reuters) - Kenya's Safaricom SCOM.NR launched its network in Ethiopia on Thursday, becoming the first private operator in one of Africa's largest telecoms markets. State-owned ...