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Ethiopia: Ethio-Telecom Made 28 Billion Birr

Ethiopia’s telecom monopole, Ethio-Telecom, disclosed it has made a total of 28 billion Birr in 2015/2016 fiscal year.

According to the CEO of Ethio-Telecom, Andualem Admasie, the income exceeds the revenue generated in 2014/2015 fiscal year by 7 billion Birr.

Among other services the telecom company gives, the income was earned from regular and international services, internet and sale of prepaid cards.

For the just began fiscal year, Ethio Telecom is aiming at 40 billion Birr.

Source: Fana Broadcasting Corporate