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Ethiopia Signs $800 Million Mobile Expansion Deal With China’s ZTE

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Ethiopia Sunday signed an $800-million telecommunications network expansion deal with ZTE in a move to increase mobile phone penetration and 3G internet access in Ethiopia and launch 4G broadband internet  Addis Ababa, Ethiopia’s capital city.
The agreement starts off a $1.6 billion deal shared by ZTE and Huawei, both telecoms giants from China.

According to Ethio Telecom chief executive Andualem Admassie: “The expansion project is vital to attain Ethio Telecom’s objective of increasing telecoms service access and coverage across the nation as well as to upgrade the existing network.”

Sam Wakoba
Sam Wakobahttp://techmoran.com
Taking you on tour through Africa's tech and business ecosystem, one story at a time since 2010! Based out of Nairobi, Kenya, Sam is the founder and managing director of Moran Media, which runs  TechMoran.com, various other digital platforms and a startup incubation hub for Kenya's youthful entrepreneurs. Drop me a mail at [email protected]

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