×
App Icon
The Standard e-Paper
Read Offline Anywhere
★★★★ - on Play Store
Download Now

Safaricom bets on Ethiopia amid regulatory headwinds in Kenya

Vocalize Pre-Player Loader

Audio By Vocalize

President William Ruto and Ethiopia Prime Minister Abiy Ahmed during the official launch of Safaricom Ethiopia Network on October 6, 2022. [PSCU, Standard]

Safaricom is betting on its foray into Ethiopia to grow revenues on the back of regulatory headwinds in Kenya.

The firm's Ethiopian subsidiary switched on its mobile network yesterday, rolling out its 2G, 3G and 4G network across 11 cities.

Get Full Access for Ksh299/Week.
Uncover the stories others won’t tell. Subscribe now for exclusive access
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in
By Brian Ngugi 19 mins ago
Business
Central Bank warns Middle East conflict could reignite inflation
Business
Ruto assents to Infrastructure Fund Bill as KPC debuts at bourse
Financial Standard
Hits and misses in Kenya Pipeline IPO as State eyes more listing deals
Financial Standard
Election gamble: Why Ruto is defying IMF as funding hangs in the balance