Ethio Telecom earned 61.3 billion birr in the current fiscal year.











Ethio Telecom earned 61.3 billion birr in the current fiscal year.Mrs. Frehiwot Tamru stated that Ethio Telecom earned 61.3 billion birr in the fiscal year 2022.

The CEO of Ethio Telecom said that the revenue compared to the plan is 87.6% and compared to the same period of last year, it is an increase of 8.5%.

It is said that one of the reasons why the income was lower compared to the plan was that 3 thousand 473 mobile stations were unable to provide services due to the security problem in various parts of the country and the northern part of our country. However, in terms of the challenges faced, the performance is very encouraging, Mrs. Frehiwot said.

Voice services account for 51 percent of the revenue, data and internet account for 27 percent, international revenue accounts for 10 percent, value-added services account for 5.7 percent, and other services account for 6.6 percent.

The CEO said that Ethio Telecom has achieved 146.6 million US dollars or 82.3% of the plan from foreign exchange generating services.

Ethio Telecom has reached 66.59 million customers, 64.5 million mobile voice customers, 506.8 thousand fixed broadband customers, 885.3 thousand landline customers, and 26.1 million data internet customers.

Ms. Frehiwot mentioned that the company generated 18.8 billion birr in tax, 500 million birr in dividends and was consistently awarded as the highest tax payer in the last three years.

They mentioned that the company has contributed 422.6 million birr in kind and services in order to fulfill its social responsibility, and 16.5 million birr has been provided in financial and material support to the economically disadvantaged sections of the society.

Regarding the company’s performance, the CEO of Ethio Telecom Ms. Frehiwot Tamru said that from today, July 28 to August 2, 2022, from 6:01 am to 12:00 pm, 15 GB data, 45 minutes voice, 100 messages and 10 minutes international They announced a call gift.



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