Ethiopia: with the bar of one million subscribers crossed, Safaricom wants to hunt on the ground of Ethio Telecom
The Kenyan telecommunications giant Safaricom announced on Wednesday November 16 that its number of subscribers reached the one million mark in Ethiopia in the space of just a few days (between the end of October and mid-November). Late last week, the operator released its half-year financial results, saying it had acquired 740,000 subscribers by the end of October. With 1 million subscribers now, that means the company gained 260,000 users in two weeks, which translates to an average of 18,000 signups per day. With these statistics, the company aims to compete with Ethio Telecom, the public telecommunications operator which...