Ethio Telecom mulls plan to acquire satellite

Ethio Telecom is reportedly looking to purchase a satellite for agriculture, health, and education purposes.

According to a high-ranking official, the satellite would help the state-run company cut costs. Ethio Telecom reportedly spends more than 10 million dollars annually on satellite services.

The satellite, which will be used for communication purposes, could cost the company more around $100 million. The proposal to acquire a satellite is yet to be approved by the central government. […] CONTINUE READING