Ethio Telecom inks a lease agreement with five institutions

Addis Ababa, May 20, 2022 (FBC) – Ethio telecom built and launched a modern modular data center recently and has been utilizing it for its own multiple purposes and leasing for enterprises. 

The company has signed a memorandum of agreement today with Zemen Bank, Rays Micro Finance, ZamZam Bank, Hijira Bank and Websprix that would enable these institutions use this modern high-capacity world standard data center for modernizing their information technology system, thereby providing reliable services to their customers.

The modular data center is a high-capacity world class standard data center managed by skilled manpower and has more than five direction fiber connectivity with automatic switch over functionality to ensure service reliability and can help carry out quick incident detection and maintenance activities in case of network connection failure or other related problems, CEO Frehiwot Tamru said.

Furthermore, it is designed to ensure mission-critical data and equipped with extensive security and compliance system controls with 99.99% uptime track recorded availability, reliable connectivity, high electric power saving capacity and cooling systems, security cameras, modern network, fiber cable enclosures and compartments, she added.