Ethio Telecom earned a revenue of Birr 33.8 billion during the first half of the current fiscal year while increasing the number of its subscribers to 70 million. Out of the 70 million subscribers, 67.7 million are users of the Company’s mobile voice service. The number of subscribers for data and internet has reached 31.3 million.
Ethio Telecom has announced plans to secure Birr 163.7 billion in revenue for the 2024/25 Ethiopian fiscal year, marking a significant 74.7% increase from the previous year’s Birr 93.7 billion. CEO Frehiwot Tamiru outlined the ambitious goal while presenting the company’s annual plan.
Ethiopia’s telecom monopole, Ethio-telecom, gave warning for its subscribers using cloned mobile telephone that it will defunct the subscription unless the clients change them within a year.
The state telecom monopole, Ethio Telecom, disclosed it is set to start new services in the near future.
Ethio Telecom officially launched its "Copper Switch-Off Initiative," which aims to migrate 100,000 customers from the existing copper network to high-speed fiber optic infrastructure by the end of this fiscal year.
