Addis Ababa – July 24, 2025 – Ethio Telecom has reported a strong financial and operational performance for the 2017 Ethiopian fiscal year (2024/2025), achieving 162 billion birr in revenue, amounting to 99% of its annual target. The announcement was made by CEO Frehiwot Tamiru, who highlighted the company’s multifaceted contribution to advancing Digital Ethiopia 2025, expanding telecom infrastructure, and scaling digital financial services.
Revenue and Subscriber Growth
Ethio Telecom’s total revenue for the year stood at 162 billion birr, reflecting solid performance across its mobile, internet, and financial service segments. The company added 7 million new users during the fiscal year, reaching a total subscriber base of 83.2 million, a 6.2% increase compared to the previous year.
Telebirr: A Pillar of Digital Finance
Telebirr, Ethio Telecom’s mobile money platform, continued to drive financial inclusion and digital economy growth:
- 4.93 trillion birr has been transferred through the platform since its launch, as of the end of the 2017 fiscal year.
- Of this, 2.3 trillion birr was transacted during the just-concluded fiscal year alone.
- The number of Telebirr users grew to 54.84 million, confirming its rapid adoption and impact across Ethiopia.
13 thoughts on “BusinessMarket Ethio Telecom Reports 162 Billion Birr Revenue and 4.9 Trillion Birr in Telebirr Transfers in 2017 Fiscal Year”
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