Ethio Telecom Deepens Ties with Saudi Telecom to Accelerate Digital Transformation
Central to the discussions was the integration of Ethio telecom’s telebirr platform with STC Pay, a move designed to strengthen cross-border remittance and payment ecosystems while enhancing digital financial inclusion.
Ethio Telecom is deepening ties with Saudi Telecom Company (STC ) following high-level talks in Addis Ababa aimed at expanding business collaboration, diversifying services, and accelerating digital transformation.
The STC delegation, led by Engr. Ziad Hamad A. AlHasson, Vice President of Sales Carrier & Wholesale, and Mr. Bander A. Alkhodair, Carrier Sales Director, met with Ethio telecom executives to outline new growth opportunities across wholesale connectivity, digital infrastructure, and fintech solutions.
Ethio Telecom CEO, Frehiwot Tamru, who chaired the meeting, underscored the strategic significance of the partnership.
“There are many areas where we can collaborate and explore new sources of growth for our mutual benefit—opportunities that will ultimately advance our nations’ digital transformation and accelerate the development of a more inclusive digital economy.”
– Frehiwot Tamru, CEO, Ethio Telecom
Central to the discussions was the integration of Ethio telecom’s telebirr platform with STC Pay, a move designed to strengthen cross-border remittance and payment ecosystems while enhancing digital financial inclusion.
STC executives praised Ethio telecom’s strong execution track record over the past six years, particularly its role in delivering transformative projects that have advanced Ethiopia’s digital economy.
By leveraging combined expertise and resources, Ethio telecom and STC aim to scale wholesale and carrier partnerships while unlocking new opportunities in fintech, remittances, and diversified digital solutions. The collaboration reflects both operators’ commitment to driving innovation, expanding digital access, and fostering sustainable economic growth in the region.
