04 March 2025

Ethio Telecom is growing rapidly across multiple verticals, including meeting its revenue generation target, despite on-going infrastructure upgrade investments.

Ethiopia’s biggest internet and telephone provider published its performance this week in its 2024/25 Semi-Annual Business Performance Report, which covers the period from July to December.

Ethio Telecom ticked green on most of the key metrics during the period, hitting 90.7% of its revenue generation target and 80.5 million total customers, meeting 100% of the subscriber base target. This gain was 5.9 million, or 7.9%, higher than the same period in the previous financial year.

In terms of service types, mobile voice subscribers were 77.7 million, mobile data and internet users 43.5 million, fixed broadband 784.1 thousand, and fixed voice 765.6 thousand. In terms of mobile coverage, Ethio Telecom deployed 202 new mobile stations and boosted mobile network capacity by 4.6 million, allowing 67 cities to access 4G and 10 cities to connect to 5G.

The operator emphasised that these advances are part of a larger effort to expand telecom services to rural areas. Ethio Telecom’s technological expansion milestones for 2024/25 include both fixed-line and cloud services.

The revenue growth was primarily fuelled by a sharp increase in mobile data usage, which has reached 642.2 billion MB, reflecting a 48.8% rise compared to the same period last fiscal year. Likewise, mobile voice services have expanded to 83.6 billion minutes, registering a 12.7% increase. These achievements have played a pivotal role in reinforcing our company’s financial performance.