Hidasie Telecom Share company (S.C.)

General Information

IndustryInformation and communication technology

Organisation typeCompany

Company Address P.O.Box 13149
, Addis Ababa
Ethiopia

Phone number+251 11 465 3711

Web page https://www.hidasietele.com/

Company Address info@hidasietele.com

Contact Information

Contact Person Mr. Dereje Fekadu
Chairman

Phone+251911404585 /+251911228122

Email info@hidasietele.com

Verified By

OrganisationAbayneh Getachew Demesa

Project typeJoint Venture

Project abstractHidase Telecom Share Company (S.C.), Ethiopian company specialized in distribution of telecom services, is searching for Finnish partners to expand the current business and services within and neighbouring African countries. The company is currently seeking for Finnish technological products and solutions for telecom services.

Project descriptionHidasie Telecom Share company (S.C.), established in 2011 is based in Ethiopia and currently employs about 1200 persons.

The company’s main products/services include import of telecom technological products for telecom services from China and distribution of mobile phones, SIM cards, CDMA (Code Division Multiple Access), and other value-added services in Ethiopia. The company is the second largest distributor in the country.

The customers so far have been private companies and individuals across the Ethiopia.

The company is currently looking for a partner to expand its current business to the neighboring countries as well as engage in new and attractive similar businesses. In addition, the company seeks cooperation in value-added services such as e-top ups, Mobile Virtual Network Operator (MVNO) and Virtual Internet Service Provider (VISP). The company is also looking for business cooperation with Finnish companies that can provide advanced technology platforms and solutions for telecom services. Furthermore, the company would like to have managing partners from Finland, especially in the areas of operational and technical management.

Attachments

Number of employees1200

Annual turnover in €10-50 million

Annual balance sheet totalover 43 million

Certifications, standardsYes

Already engaged in international co-operationYes

Percentage of transnational activities0 to 9%