Safaricom Ethiopia’s market share has hit 5.5 percent in just under two years of operation in the country, having grown its subscriber base to 4.6 million users by the end of June.
Disclosures made by State-owned telco Ethio Telecom in a prospectus for its ongoing initial public offering, put its subscriber base at 78.3 million users, translating to a 94.5 percent market share.
