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State Telecom Monopoly Generates 10b Br in 1Q

Oct 17 , 2019

Ethio telecom, a state telecom monopoly, has generated 10.1 billion Br in revenues during the first quarter of the current fiscal year.

The company has also pushed its clients number to 44.4 million, of which 42.9 million are voice, while the 21.6 million and one million of them are mobile data, Internet and landline subscribers, respectively.

In the reported period, the company was also able to service 141 million dollars to its international creditors.

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