Ethiopia's state-owned Ethio Telecom announced it has obtained 28 million birr revenues in six months, since the Ethiopian fiscal year kicked in on July 8, 2021. The amount shows a 6.7 percent rise compared to last year, and stands at 86.4 percent of the company's target for the period.
Frehiwot Tamiru, Ethio Telecom's CEO, briefing the media, said the company has been extensively engaged in multiple projects and operations aimed at expanding telecom infrastructures and systems, as well as improving service quality, and increasing reach.
Ethio Telecom has also managed to save over 12 billion birr by implementing a cost optimization strategy during the six-month period, the CEO pointed out.
“This achievement is realized through network optimization works to enhance customer experience and satisfaction," Ms. Frehiwot explained, by "offering 23 new and 19 revamped local and international products and services, generating $74.8 million from international business and scoring 89.3 percent of the target [for the products and services],” Ms. Frehiwot said.
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Source: FBC
