Addis Ababa, January 31, 2022 (FBC) – Ethio Telecom has collected 28 million birr revenue in six months that make up the first half of the budget year.
The company has briefed the media on its business performance for the period of 1st July 2021-December 2021.
On the occasion, 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.
In this first half of the budget year, Ethio Telecom has garnered a total of 28 Billion birr revenue, which is 86.4pct of the target and 6.7pct of increment from the previous budget year similar period, the CEO said.
“This achievement is realized through network optimization works to enhance 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% of the target,” Frehiwot indicated.
In addition to expanding its revenue streams, Ethio Telecom has devised cost optimization strategy and managed to save over 12 billion birr within the six months.