President William Ruto arrived in Ethiopia Thursday morning for his first official visit that includes, among other bilateral issues, the national launch of Safaricom Telecommunications Ethiopia (STE) in the capital Addis Ababa.-BD
Kenya’s biggest telco, Safaricom, is the major shareholder in the Ethiopian venture with a 55.7 percent stake, it co-owns with UK’s Vodafone, South Africa’s Vodacom, Sumitomo Corporation and British International Investment.-BD
Kenya's Safaricom sees Ethiopia, a market with more than 100 million people and a relatively lower uptake of mobile and broadband services, as presenting significant growth opportunities.-BD
It is Safaricom's power of technology and innovative spirit that has got them this far; and are looking forward to extending their services in Ethiopia. #ProudKenyan.
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