Ethio Tele Stock | Ethio Telecom Share Price

As of May 26, 2026, Ethio Telecom S.C. is officially listed and trading on the Ethiopian Securities Exchange (ESX) under the ticker symbol TELE.

This makes Ethio Tele the first state-owned enterprise to list on the national exchange, following an initial public offering (IPO) that saw over 47,000 citizens participate.

Ethio Telecom (TELE) Br 360.00

Status Public (ESX)

Market Cap N/A

ATH Br 360.00

ATH (% Change) 0.00%

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Date	Price	Volume	Market Cap
No data available in table

Ethio Telecom Stock Key Details

Metric	Current Status (2025/2026)
Ticker Symbol	TELE
Listing Date	May 26, 2026
Exchange Board	ESX Main Market
IPO Offer Price	ETB 300 per share
Net Profit (FY 2024/25)	ETB 5.8 Billion (Reported)
Earnings Per Share (2025)	ETB 5.79
Total Digitized Shares	10.1 Million

How Verified Shareholders Start Trading on ESX

Ethio Telecom will not execute buy/sell orders for individual shareholders. To trade shares, each verified investor must:

Confirm verified status via Ethio Telecom’s investor portal.
Choose an ECMA-licensed investment bank, broker, or dealer.
Open a dedicated trading/securities account.
Complete KYC onboarding with the selected broker.

Read How to Trade On Ethiopian Securities Exchange Via Neway Mobile Application

Financial Performance: The Value Behind the Price

Ethio Telecom is currently navigating a period of aggressive digital transformation under its “Next Horizon: Digital & Beyond 2028” strategy. Market value for investors is driven by these core financial indicators:

Revenue Growth: In the first half of the 2025/26 fiscal year, the company reported an impressive 37% year-on-year revenue increase, reaching ETB 85.02 billion. This reflects the company’s ability to scale services despite a complex macroeconomic environment.
Asset & Infrastructure Growth: Growth is underpinned by a massive expansion of physical and digital assets, including over 10,000 mobile stations and a backbone fiber network exceeding 23,000 km. These assets are the “foundation” that supports future profit-generating potential.
Dividends: As of June 2026, the specific Dividend Yield has not been finalized. The company has announced that the first Annual General Meeting (AGM) will take place later this year (expected September 2026). At this meeting, the board will propose dividend distributions based on the full fiscal year audit, which will be the primary driver for future yield calculations.

Price Discovery in 2026

“Price discovery” is the process by which the market determines the share price through the interaction of buyers and sellers. Because TELE only began trading on May 26, 2026, the market is currently in an early phase of establishing a stable valuation.

How the Price Moves

Market Forces: Unlike the fixed IPO price (ETB 300), the current market price on the ESX is now dynamic. It fluctuates based on daily buy and sell orders entered through the “Neway” app.
Information Flow: Price discovery is heavily influenced by investor reactions to official disclosures. When the company releases its full-year audit report or announces dividend policies, investors adjust their bids and asks, leading to a new “equilibrium” price.
Liquidity: As more of the 10.1 million digitized shares move into the hands of active traders, the market becomes more liquid, which typically leads to more accurate and stable price discovery.

Key Tip for Investors: Because Ethio Telecom is a large-cap stock in a developing market, monitor the ESX weekly equity trading statistics. These reports summarize volume and price trends, helping you see the broader market sentiment rather than just reacting to short-term, single-trade fluctuations.

Summary of Financial & Market Drivers

Feature	Status / Observation (2026)
Primary Value Driver	Network expansion & Telebirr transaction volume
Dividend Policy	Awaiting AGM (expected Sept 2026)
Price Determination	Real-time market supply/demand on ESX
Growth Strategy	“Next Horizon: Digital & Beyond 2028”