Ethio Telecom Projects Major Growth
4 Articles
4 Articles
Ethio Telecom projects major growth
Ethiopia’s state-owned Ethio Telecom said full-year revenue was projected to increase by 45.5% in the year to June 2026, based on rising customer numbers and data usage. Chief Executive Frehiwot Tamiru said he also expects a 6% increase in subscribers to 88 million in the 2025/26 fiscal year and a 14% increase in customers for the company’s mobile money service Telebirr, Reuters reported.Competition has been growing in Ethiopia’s telecoms space …
Ethio Telecom Targets 235.8 Billion Birr Revenue for 2025/26 Fiscal Year – Ethiopian Monitor
Ethio telecom has forecasted to generate 235.8 billion birr revenue in the 2025/26 Ethiopian fiscal year, anticipating a 45.6% increase from previous year. The telecom operator also plans to expand its customer base by 6% to 88 million while increasing its digital financial platform, Telebirr, users by 14% to 62.5 million. The latest projections and business targets for the new fiscal year were made public on Tuesday together with a new three-ye…
Ethio Telecom projects 45.4% growth in earnings for 2025/26 fiscal year
Ethiopian-owned telecom operator, Ethio Telecom, has said its full-year earning for the 2025/26 fiscal year is expected to grow by 45.4%. The company said the prospective growth for the period July 2025 to June 2026 will be driven by an increased subscriber base and higher data usage. In a statement, the Chief Executive Officer, Frehiwot Tamiru, also noted that the subscriber base is projected to increase by 6% from 83.2 million to 88 million. F…
Coverage Details
Bias Distribution
- 100% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium