By Dawit EndeshawADDIS ABABA (Reuters) - State-owned operator Ethio Telecom launched a 5G mobile phone service on Monday in a key step ahead of competition from new entrants in an industry that has been closed for international players. Ethio Telecom Chief Executive Officer Frehiwot Tamru said the service will first be available in the capital Addis Ababa, before eventually spreading to other parts of the country. "The 5G service is launched in selected places in Addis Ababa," she said at a launch event. "In the coming 12 months, we will have 150 5G sites in Addis Ababa and outside Addis Ababa." The government launched a tendering process for selling a 40% stake in Ethio Telecom to private investors last June.

Source: Ethiopian News May 09, 2022 20:32 UTC