Ethiopian state-owned telecommunications firm Ethio Telecom recorded a half-year revenue rise of 43.3 percent to 61.9 billion birr ($491.57 million). With 1.01 trillion birr ($7.9 billion) in transactions in just six months—nearly the same amount as the previous three years from Telebirr, the mobile money service offered by Ethiopian telecom supported the increased earnings. Earnings…...
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Ethio Telecom posts 43 percent rise in half year revenue
Muthoga Mungania
Muthoga Mungania is an award-winning, Nairobi-based multimedia journalist covering economic, corporate, financial, tech and investor relations matters among other business stories. Muthoga is seasoned in data and market analysis, corporate finance, and economic trends, making them a trusted voice in East African business journalism, communications and consultancy.
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