164 results
The Board of Directors of Ethio Telecom has appointed Mr. Tariku Demissie as Acting Chief Executive Officer of the company, effective October 16, 2026. The appointment was communicated in a letter issued by Ms. Frehiwot Tamiru, Chairperson of the Board of Directors. Ms. Frehiwot previously served as Chief Executive Officer of Ethio Telecom. On October
Ethio Telecom has set a revenue target of 295 billion birr for the 2019 Ethiopian fiscal year, representing a 36.7 percent increase from the 215.82 billion birr it generated in the previous fiscal year. The state-owned telecom operator announced the target on September 3 during a press conference outlining its major plans for the new
Operator posts record revenue and strong network expansion, though subscriber, device and infrastructure targets fell short while financial disclosures remain limited. Ethio Telecom reported ETB 215.82 billion in revenue for the 2025/26 financial year, marking a 33.2% year-on-year increase and achieving 99.7% of its annual revenue target, according to the state-owned operator’s latest annual performance
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