On the media briefing for the period of July 1, 2021, to December 31, 2021, CEO of Ethio Telecom Firehiwot Tamru stated that the company has been undertaking a wide range of projects and operations to expand telecom infrastructures and systems, improve the quality of service, and increase the outreach of benefits to the community.

According to the CEO, Ethio Telecom has earned a total of 28 billion birr in revenue in the first half of the fiscal year, which is 86.4 percent of the target and 6.7 percent more than the previous fiscal year’s similar period.

“This achievement is realized through network optimization works to improve customer experience and satisfaction; offering 23 new and 19 revamped local and international products and services, generating 74.8 million USD from international business, and scoring 89.3 percent of the target,” Frehiwot stated.

In addition to diversifying its revenue streams, Ethio Telecom has developed a cost-cutting strategy that has resulted in savings of over 12 billion birr in the last six months.

Source: FBC


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