Ethio Telecom marks 80% profits surge

semafor.com/article/07/25/2025/ethio-telecom-marks-80-profits-surge

Ethiopia’s state-owned Ethio Telecom reported that its annual pretax profit shot up by more than 80% year-on-year to $550 million.
Frehiwot Tamiru, the mobile operator’s CEO, attributed the surge to an increase in customers: The total number of subscribers rose 6.3% to 83.2 million…

This story appeared on semafor.com, 2025-07-25 13:02:14.
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