# Ethio Telecom

**Source:** https://www.startuphub.ai/startups/ethio-telecom
**Profile type:** Startup

> Ethiopia's telecommunications service provider.

## About

Ethio Telecom is the sole telecommunications service provider in Ethiopia. It is participating in a GSMA-led initiative to pilot ultra-low-cost 4G devices in Ethiopia and other African markets, aiming to make smartphones more affordable and bring more people online.

## Key facts

- **Slug:** ethio-telecom
- **Website:** https://www.ethiotelecom.et/
- **Location:** Ethiopia
- **Founded:** 1894-01-01
- **Operating status:** Active
- **Total funding:** $234M
- **Sectors / tags:** Telecommunications, Mobile

## Frequently asked

### What does Ethio Telecom do?

Ethio Telecom is the sole telecommunications service provider in Ethiopia. It is participating in a GSMA-led initiative to pilot ultra-low-cost 4G devices in Ethiopia and other African markets, aiming to make smartphones more affordable and bring more people online.

### What is Ethio Telecom's revenue?

StartupHub estimates Ethio Telecom's annual revenue at $96.5M (range $24.1M to $201.5M, 31% confidence), based on comparable companies in the sector.

### What is Ethio Telecom's valuation?

StartupHub estimates Ethio Telecom's effective valuation at $3.1B (range $1.8B to $34.9B, 52% confidence), based on comparable companies in the sector.

### How much funding has Ethio Telecom raised?

Ethio Telecom has raised a total of $234M in funding.

### Where is Ethio Telecom headquartered?

Ethio Telecom is headquartered in Ethiopia.

### When was Ethio Telecom founded?

Ethio Telecom was founded in 1894.

### What industry does Ethio Telecom operate in?

Ethio Telecom operates in Telecommunications, Mobile.

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