
View From Arada | Jun 28,2025
The state-owned Ethio telecom closed off the financial year with 61.3 billion Br in revenues.
Though it is an 8.5pc jump from the previous year's performance, the telecom operator's executives, led by CEO Frehiwot Tamiru, say outages brought on by miltarised conflict and instability at nearly 3,500 sites were a hamper.
Mobile voice services provided to 64.5 million subscribers accounted for 51pc of total revenues while data and internet made up a quarter of earnings. The company generated close to 147 million dollars from its international business operations.
Ethio telecom's Telebirr mobile money platform facilitated remittances of almost one million dollars last year.
The operator was one of over two dozen of the country's largest state-owned enterprises (SOEs) to come under the purview of the Ethiopian Investment Holdings (EIH) earlier this year. Others include the Ethiopian Airlines Group, the Commercial Bank of Ethiopia (CBE), and the Ethiopian Insurance Corporation.
View From Arada | Jun 28,2025
Fortune News | Jul 13,2020
Radar | Oct 17,2020
Radar | May 27,2023
Radar | Apr 15,2023
Commentaries | Apr 22,2023
Radar | Oct 27,2024
Sunday with Eden | Jul 07,2024
Radar | Jun 15,2025
Commentaries | Jun 14,2025
My Opinion | 131819 Views | Aug 14,2021
My Opinion | 128203 Views | Aug 21,2021
My Opinion | 126147 Views | Sep 10,2021
My Opinion | 123767 Views | Aug 07,2021
Jul 5 , 2025
Six years ago, Ethiopia was the darling of international liberal commentators. A year...
Jun 28 , 2025
Meseret Damtie, the assertive auditor general, has never been shy about naming names...
Jun 21 , 2025
A well-worn adage says, “Budget is not destiny, but it is direction.” Examining t...
Jun 14 , 2025
Yet again, the Horn of Africa is bracing for trouble. A region already frayed by wars...