Key Market Indicators
Ethiopia's mobile subscriber base is projected to soar to nearly 96 million by 2028, up from approximately 74 million in 2023. This marks a compound annual growth rate (CAGR) of 4.2% over the five-year period. The demand for mobile subscriptions in Ethiopia has surged significantly since 2004, increasing by an average of 12.6% annually. In 2023, Ethiopia ranked 23rd globally in terms of mobile subscriptions. France edged out Ethiopia with a similar number of subscriptions, while India, the United States, and Indonesia occupied the second, third, and fourth spots, respectively, in the global rankings for mobile subscribers.
