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How to Buy Ethio Telecom Shares on Telebirr Super App

In a historic move for Ethiopia's capital market, Ethio Telecom has officially launched its share sale, making 100 million ordinary shares available to the public starting October 16, 2024. This landmark initial public offering (IPO) allows Ethiopian citizens to invest in the nation’s largest telecommunications operator, which has served the country for over 130 years. With this initiative, the government aims to enhance local investment and provide a platform for citizens to participate in the growth of one of Ethiopia’s key industries.

Buying shares in Ethio Telecom is a straightforward process that empowers Ethiopian citizens to become stakeholders in one of the nation's largest telecommunications companies. Follow these simple steps to invest in Ethio Telecom shares:

  1. Eligibility Requirements: To purchase Ethio Telecom shares, you must be an Ethiopian citizen. Ensure you meet all eligibility criteria before proceeding.
  2. Register on the Telebirr SuperApp:
    • Download the Telebirr SuperApp from the official app store.
    • Create an account by providing your personal information and a valid identification document or login.
  3. Complete the KYC Process:
    • To comply with regulatory requirements, you will need to undergo a Know Your Customer (KYC) process.
    • This may include uploading necessary documents and providing additional identification.
  4. Review the Share Purchase Prospectus:
    • Familiarize yourself with the Ethio Telecom share purchase prospectus. This document contains essential information about the company, the offering, and the associated risks.
  5. Make Your Investment Decision:
    • Determine how many shares you wish to purchase. The minimum purchase is 33 shares (9,900 birr), while the maximum is 3,333 shares (999,900 birr).
    • Keep in mind that a 1.5% service fee and value-added tax will apply to your purchase.
  6. Submit Your Share Purchase Application:
    • Navigate to the share purchase section of the Telebirr SuperApp.
    • Fill out the application form accurately, selecting the number of shares you wish to buy.
  7. Finalize Payment:
    • Review your application and ensure all details are correct.
    • Complete the payment within 48 hours to secure your shares.
  8. Receive Confirmation: After your application and payment are processed, you will receive a confirmation of your share purchase via the Telebirr SuperApp.

By following these steps, you can successfully invest in Ethio Telecom and take advantage of this unique opportunity to become a shareholder in Ethiopia's leading telecommunications provider.

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