ETHIOPIA EXPERTS HOT NEWS 5G Network Service Arrive in Ethiopia 9 months ago Adeleye Awakan Post Views: 460 Ethio Telecom Ethiopia state-owned mobile provider, launched a 5G network service in Addis Ababa Monday. This puts it ahead of new competitors, particularly in a sector dominated by multinational corporations. The service will first be offered in the country’s capital, according to Ethio Telecom CEO Frehiwot Tamru, before expanding to other parts of the country. Tamru also stated at the launch event that the company plans to provide 150 5G connections around the country in the following year. She, however, did not disclose the cost of deploying the network or how it’s going to be done. However, Ethio Telecom, with around 64 million users across the country, has chosen Huawei Technologies as its network’s equipment supplier. Ethio-Telecom Chief Executive Officer Frehiwot Tamru, at the launch event, said that before this, the Ethiopian government began a tendering procedure in June last year to sell a 40% stake in Ethio Telecom to private investors. However, the plan was postponed to March this year due to various factors, including the domestic and global economic climate. Ethio Telecom is a telecommunication company owned by the Ethiopian government. Hybrid SIM accounts, mobile broadband, VPN service, and mobile services are just some available options. It also provides international data services in collaboration with MTN Group – SA, CMC, PCCW, China Telecom, Telecom Italia, US Embassy, AU, UNECA, etc. What is 5G network service? The fifth generation of wireless technology is known as 5G. It is one of the world’s fastest and most reliable technologies. It can deliver faster data rates, lower latency, and more capacity 20 times faster than the 4G LTE networks. This means faster downloads, which will play a significant role in our lives. Websites will load in milliseconds, and videos will download in seconds. It is also crucial for developing technologies such as self-driving cars and intelligent device communication and interconnectivity. 5G network service in Africa There are five nations in Sub-Saharan Africa where 5G is already active, including Togo. First; Kenya, Madagascar, Seychelles, South Africa, Nigeria, Mali, Ethiopia, and Mauritius are among the countries that are heading toward 5G deployment. With the growth of Africa’s tech ecosystem, 5G network features such as low latency and high device density will open up new prospects for tech startups and entrepreneurs. In contrast, 5G network coverage will enable digital connectivity for individuals. Businesses can now be run online without being hampered by sluggish internet speeds or other factors. In addition, the 5G network will aid Africa’s Fourth Industrial Revolution. African governments are hopeful that the continent’s economy will become more efficient and productive. With 5G, high-speed networks, artificial intelligence, and the internet of things (IoT) will be fused, enabling new technologies to transform industrial processes. The gaming and betting Industry, Manufacturing, agriculture, financial, healthcare, financial services, and entertainment are among the industries that could gain from 5G-enabled disruptive technology. Gaming & Betting Industry Interestingly this is a welcome development for the country, which boast one of the enormous youthful population in Africa with an average of 18-24, consisting of 70% of the average Ethiopian population. The emergence of the fifth-generation network 5G network will accelerate digital transformation in the society; as it is evident in most countries, a society with a robust younger population tends to adapt to digitalization, just like in the case of the mobile money service launched last year spread amongst the younger generation. This will accelerate businesses such as mobile money, the online betting industry, healthcare, and logistics with faster service delivery across different sectors that embrace technology. This will accelerate the online gambling and betting sphere of the Ethiopian gaming and betting industry. In addition, the country’s regulatory body recently passed a bill that allows sports betting operators to offer virtual sports events to the betting enthusiast, while the launch of its first mobile money positioned the country on the world map of operators in the African sports betting industry to tap into the booming market. About Post Author Adeleye Awakan Author E-play Africa, sports betting reviews, thoughtful leardership articles in Africa gambling industry, marketing gaming platforms in Africa with strong networking relationship with gaming operators in Africa, Expertise in PR, marketing communication, and consultant on gaming in Africa. See author's posts Adeleye AwakanAuthor E-play Africa, sports betting reviews, thoughtful leardership articles in Africa gambling industry, marketing gaming platforms in Africa with strong networking relationship with gaming operators in Africa, Expertise in PR, marketing communication, and consultant on gaming in Africa. Facebook Twitter LinkedIn Email Print Tags: 5G network, Ethiopia, telecom Continue Reading Previous Why People Love GamblingNext Vodacom plans a quarter of revenues from digital financial services More Stories EXPERTS RWANDA Adam Bradford launches centre to train youth in Rwanda 3 days ago Iwo Bulski EXPERTS KENYA BetEngines launches the first Sportsbook software solution tailor-made for the African market. 4 days ago Adeleye Awakan EXPERTS KENYA Ronald Karauri’s Inspiring Journey from Pilot to SportPesa Billionaire 4 days ago Szarlot EXPERTS KENYA Betting firms rush to comply with new tax regulations 5 days ago Samuel EXPERTS SOUTH AFRICA The Gambling Laws of South Africa 5 days ago Szarlot BETTING HOT NEWS WORLD NEWS 1XBet declares bankruptcy 6 days ago Iwo Bulski EXPERTS NIGERIA Paying deeper attention to our youths 6 days ago Samuel EXPERTS MOROCCO 6 Weeks Remain Until Gaming Industry Leaders Unite at GEFA 2023 7 days ago Iwo Bulski BETTING HOT NEWS NIGERIA How Nigerian celebrities are fueling the sports betting boom 7 days ago Szarlot EXPERTS WORLD NEWS Restrictions on gambling 7 days ago Iwo Bulski EXPERTS WORLD NEWS ICE 2023 edition to be the biggest than last – say Stuart Hunter 1 week ago Iwo Bulski EXPERTS NIGERIA The current state of Crypto adoption in Nigeria 1 week ago Szarlot Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Save my name, email, and website in this browser for the next time I comment. Δ This site uses Akismet to reduce spam. Learn how your comment data is processed.