Ethio Telecom, Huawei to launch mobile money

Ethio Telecom, Huawei to launch mobile money


Huawei, China’s global provider of information and communications technology (ICT) infrastructure and smart devices, powers the first telecom mobile money platform in Ethiopia for Ethio Telecom.

telebirr mobile money service delivered by Huawei allows Ethio Telecom customers to make simple, efficient, and secure money transfer as well as daily payments. Huawei Mobile Money platform deployed currently have the capacity of processing up to 100 transactions per second (TPS) and can be easily scaled up to 1000 TPS in the future.

The service is accessible with SMS, USSD and smartphone applications and it can scale up to more functions in the future. Huawei delivered the end-to-end solution for Ethio Telecom within five months by constructing the datacenter, configuring hardware and software, benchmarking top global telecom project delivery efficiency.

Ethio Telecom’s CEO on the launch event said ‘I would like to thank our partner Huawei for finishing this project in such short time.”

Huawei Mobile Money has been commercially deployed in 19 countries, serving over 152 million users which represent 22% of registered Emerging markets Mobile Money accounts. In Kenya Huawei, Mobile Money served more than 29 million customers using their M-Pesa service with transactions worth $66 Billion. Huawei also deployed mobile money services to Ghana, Lesotho, Tanzania, and DR Congo.

Huawei Mobile Money aims at transforming the financial lives of the two billion unbanked or underserved people in Emerging Markets by enabling customers to manage their money and financial transactions: simply, efficiently, and safely.

Huawei is the leading telecommunication infrastructure provider in Ethiopia. With over two decades of engagement in Ethiopia’s development, Huawei currently created over 300 jobs and benefited over 45 million people with its services and products.

When using telebirr one don’t need to have a bank account or carry cash. telebirr allows to make transactions solely on mobile phone.

Founded in 1987, Huawei is a leading global provider of information and communications technology (ICT) infrastructure and smart devices. We have more than 197,000 employees, and we operate in more than 170 countries and regions, serving more than three billion people around the world.

The Company’s vision and mission are to bring digital to every person, home, and organization for a fully connected, intelligent world. To this end, we will drive ubiquitous connectivity and promote equal access to networks; bring cloud and artificial intelligence to all four corners of the earth.

The company aims to provide superior computing power where you need it when you need it; build digital platforms to help all industries and organizations become more agile, efficient, and dynamic; redefine user experience with AI, making it more personalized for people in all aspects of their life, whether they’re at home, in the office, or on the go. For more information,