Ethio-telecom obtains 47.7bn birr last budget year

Addis Ababa, July 30, 2020 (FBC) -Ethio-telecom announced a 47.7 billion birr income last Ethiopian budget year, which ended July 7.

This year’s revenue marked a 105.1% success in annual target, said Firehiwot Tamiru, CEO of the company.

The revenue also increased by 31.4% compared to the preceding budget, she added. The company paid back 10.2 billion birr loan.

The number of Ethio-telecom’s customers has reached 46.2 million, showing a 5.8% growth compared to the previous year.