Ethiopia Launches Telephone Network Targeting 12 Million Subscribers

Telecoms

Last Sunday Ethiopian Telecommunications Corporation (ETC) announced it wanted to get 12 million subscribers up from its current total of 4.1 million. ETC said it would expand its capacity to six million subscribers in the first phase of the project. This work has been underwritten by a US$1.5 billion loan from Chinese vendor ZTE.

ETC also announced that as of 2 April 2009 that it will reduce the cost of a mobile prepaid SIM card from US$36 to US$16. This is still expensive compared to SIM cards in other African countries that retail for US$5 or less.

APA