Ethio-Telecom collects over 22 bln. Birr revenue


Ethio-Telecom collects over 22 bln. Birr revenue
Ethio-Telecom collects over 22 bln. Birr revenue

Ethio-Telecom announced that it has collected 22.04 billion Birr revenue over the last six months of Ethiopian Year.

Briefing Journalists yesterday, Company CEO Frehiwot Tamiru said that over the last six months, her company has generated 22.04 billion Birr revenue, hits beyond the target set recording the 32 percent high compared to last budget year of same period.

Noting that 73 million USD foreign currency earnings has been generated from international business, she said that mobile voice, Data and internet, international business, value added service and others are major sources of revenue.

According to the CEO, now the total number of customers reached 45.6 million which shows 10.9 of percent increment of the set target.

Starting from July to December 2019, the company has paid 4.4 billion (148.15 USD), 3.86 billion Birr tax and two billion dividend. Moreover, it has created job and business opportunities for over 240,000 citizens, she noted.

As part of its corporate social responsibility, it has provided 151.5 million Birr in a bid to address society’s most pressing challenges targeting fundamental drivers of long term development such as education, health, environment protection, greening and beautification, she underscored.

Fiber and Copper Cable vandalism, commercial power interruption, telecom fraud, security problems and delay in land acquisition for new site development were challenges that the company faced so far.

The Ethiopian Herald January16/2020


Like it? Share with your friends!

What's Your Reaction?

hate hate
0
hate
confused confused
0
confused
fail fail
0
fail
fun fun
0
fun
geeky geeky
0
geeky
love love
0
love
lol lol
0
lol
omg omg
0
omg
win win
0
win
Solomon Yimer

0 Comments

Your email address will not be published. Required fields are marked *

Choose A Format
Personality quiz
Series of questions that intends to reveal something about the personality
Trivia quiz
Series of questions with right and wrong answers that intends to check knowledge
Poll
Voting to make decisions or determine opinions
Story
Formatted Text with Embeds and Visuals
List
The Classic Internet Listicles
Countdown
The Classic Internet Countdowns
Open List
Submit your own item and vote up for the best submission
Ranked List
Upvote or downvote to decide the best list item
Meme
Upload your own images to make custom memes
Video
Youtube, Vimeo or Vine Embeds
Audio
Soundcloud or Mixcloud Embeds
Image
Photo or GIF
Gif
GIF format