Marcopolis presents the Ethiopia Report focused on the investments, doing business, economy and other topics featuring interviews with key executives and government officials. The sectors under review are industry, telecom, banking sector, ICT, investments and more.
Ethio Telecom, the former Ethiopian Telecommunications Corporation (ETC), has been undertaking several huge network expansion projects during the last few years with a view to enhancing the development of the telecom sector and to support the steady growth of the country.
The number of waiting list for fixed telephone subscribers was 4,982 in the review year 2010/11. Similarly, the number of Internet subscribers went up from 124,528 in 2009/10 to 128,764 in the reported period registering a 3.4 percent increase. Besides, the country's telecommunication penetration rate (tele-density mobile plus fixed telephone subscribers per 100 inhabitants) increased from 10.1 in 2009/10 to 13.9 in 2010/11.
The Ethiopian government had decided to transform the telecommunication infrastructure and services to world class standard, considering them as a key lever to the development of Ethiopia. Thus, Ethio Telecom was born from this ambition in order to bring about a paradigm shift in the development of the telecom sector to support the steady growth of Ethiopia.