Ethio Telecom announced that it began undertaking a new expansion plan in order to double the capacity and improve the quality of its services. The expansion plan is at its initial stage of selecting companies to undertake the expansion and examine the extent of the expansion.
State-owned Ethio Telecom has announced a record performance for the fiscal year 2023/2024, reporting a substantial revenue increase of 21.7% to reach Birr 93.7 billion. This represents a Birr 16.7 billion surge over the previous year, surpassing the company’s targets by 103.6%.
Ethio Telecom, Ethiopia's government-owned sole of telecom services provider, announced today a tariff reduction on its fixed broadband internet service while tripling its speed.
Ethio Telecom has announced its financial results for the first half of the current fiscal year. The company reported a net profit of Birr 11 billion, representing a significant 14% increase compared to the same period last year.
Ethio Telecom announced that it earned Birr 162 billion in revenue during the 2024/25 Ethiopian fiscal year, marking a significant milestone in its ongoing digital transformation efforts.
