nazret.com
 

Siemens Ethiopia closes its shop due to competition from Chinese companies

10/27/09

Permalink 05:12:10 am, by nazret.com, 189 words, 3680 views   English (US)
Categories: Business, Ethiopia, ICT

Siemens Ethiopia closes its shop due to competition from Chinese companies

  • Currently 2.50/5
  • 1
  • 2
  • 3
  • 4
  • 5
  • i

Siemens Ethiopia closes its shop

By Yohannes Anberbir

Siemens, a Germany-based Conglomerate, has been forced to close its local branch, Siemens Ethiopia.

Siemens was the sole distributor of Siemens mobile telephone apparatuses in Ethiopia and had been engaged in network installation; however, Chinese firms and other companies’ provision of the same technologies at a cheaper price have led to its exit from the market.
“Siemens products are up to standard compared with other cell phone products found in the local market, but it’s not proved profitable to stay in the market,” a former marketing department official of Siemens Ethiopia told Capital.

Besides distributing its mobile phones, it also created a significant business environment for other local companies, which were its partners in distributing the phones.
Siemens was also well known in the network installation business. The Ethiopian Telecommunications Corporation (ETC) had commissioned Siemens in 2005 to supply fibre optic technology. Siemens was paid around 15.4 million dollars to implement the optical backbone for ETC’s fixed and mobile network in the north and centre part of the country with a total length of approximately 1,700 kilometres.


Read Complete Report from Capital ...

PermalinkPermalink 10 comments
Comment continues below ↓
Google
 
Web www.nazret.com

advertisement

Comments, Pingbacks:

msg Comment from: Haron [Visitor]
Siemens was paid around 15.4 million dollars to implement the optical backbone for ETC’s fixed and mobile network in the :!:north and centre :?:part of the country with a total length of approximately 1,700 kilometres.

Why north and center of the country only. Shouldn't all have equal chance?
PermalinkPermalink 10/27/09 @ 10:19

I am solely responsible for this comment and agree to abide by the terms and conditions

msg Comment from: The observer [Visitor]
Wow. B/c of competition to the Chinese company?

Didn't Siemens and Its Managers in Ethiopia and worldwide red-handed of corruption and banned from working from World Bank funded projects across the world?

And all projects in Ethiopia are funded by those international organisations who hated the currupting behaviours of Siemns.

So correct the news that they left the country as pay back to their corruption than using the chinese as a escape goat.
PermalinkPermalink 10/27/09 @ 11:39

I am solely responsible for this comment and agree to abide by the terms and conditions

msg Comment from: yaro [Visitor]
ethiopia shuld be free market to end fime allaw bussnas to have free mutmant 50% exbort 50%to in export like china chayna is good egsabel
PermalinkPermalink 10/27/09 @ 12:51

I am solely responsible for this comment and agree to abide by the terms and conditions

msg Comment from: Adew [Visitor]
We have to use South for Agro Project only.
Thank you for your input thought!
PermalinkPermalink 10/27/09 @ 15:40

I am solely responsible for this comment and agree to abide by the terms and conditions

msg Comment from: Jemal1 [Visitor]

The theme is now "Cheap and Chinese"!
Low quality Chinese products are lording over the country!!

Sad!
PermalinkPermalink 10/27/09 @ 16:22

I am solely responsible for this comment and agree to abide by the terms and conditions

msg Comment from: demlew [Visitor]
:|whay
PermalinkPermalink 10/27/09 @ 17:29

I am solely responsible for this comment and agree to abide by the terms and conditions

msg Comment from: samir [Visitor]
cheap is also very expensive.
look at the chinese faux leather shoes that swarmed the market.they are cheaper than the genuine leather shoes but at what price.they are smelly and don't last long but suffocate local business and jobs.the same will be the result with their cheap telecommunication products.
PermalinkPermalink 10/27/09 @ 19:20

I am solely responsible for this comment and agree to abide by the terms and conditions

msg Comment from: aaaaaaaa [Visitor]
We have got to stop china - at least help a little bit!!!
PermalinkPermalink 10/27/09 @ 20:21

I am solely responsible for this comment and agree to abide by the terms and conditions

msg Comment from: GAROO [Visitor]
Quality out cheap counterfeit in!!! SEIMENS was the only quality electrical products provider in Ethiopia. I bough so many quality reliable products for projects from SEIMES for years and it is sad to see them leave. This is loss summarizes the overall picture of what is happening here... poor quality of planning, design, construction, products......
PermalinkPermalink 10/28/09 @ 10:17

I am solely responsible for this comment and agree to abide by the terms and conditions

msg Comment from: benyam [Visitor]
a lot of people need to study english cause you speak worse than a a KG student example yaro and garoo i think u guys are brothers so my suggestion is if u don't know something use the one you know like amharic or maybe sidamogna
PermalinkPermalink 10/31/09 @ 10:39

I am solely responsible for this comment and agree to abide by the terms and conditions

Sorry Comments are closed for this post. Please continue the discussion on nazret.com Forum Join in now and post, be part of the most popular Ethiopian website

nazret.com online since 1994 One of the first Ethiopian sites. The first Ethiopian Blog site.

EthioBlog

EthioBlog is the first Ethiopian blog. During the June and November 2005 Carnage in Addis Ababa, nazret.com was the first website to post first hand eyewitness accounts from ground zero in Addis. Be part of the largest Ethiopian News website and join in as a contributor.

November 2009
Sun Mon Tue Wed Thu Fri Sat
 << <   > >>
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30          

Search

XML Feeds

What is RSS?


advertisements