
Telecom Services, Infrastructure Sharing, and Mobile Financial Services
Ethio Telecom is a partially privatized share company and Ethiopia's leading provider of voice, internet, and data services, established in 1894, that serves as the digital backbone for tens of millions of citizens. Known for its rapid 4G/5G infrastructure deployment and pioneering mobile money service, Telebirr, the institution continually innovates to provide high-speed connectivity and smart digital solutions across its vast nationwide network.
| Founded | 1894 |
|---|---|
| Subscriber Base | Over 87.1 million total subscribers |
| Infrastructure Network | Over 10,288 mobile base stations providing 74% 4G population coverage |
| Revenue Growth | 37% year-on-year growth, generating 85.02 billion ETB in a single half-year period |
| Profitability | High net profit margins, recording 42.36 billion ETB in net profit with a 49.8% gross profit margin |
| Digital Financial Ecosystem | Over 60+ million users on its Telebirr mobile money platform |