Ethio Telecom, Ethiopia's state-owned telecommunications company, has announced impressive financial results for the fiscal year ending in June, showcasing significant growth. According to CEO Frehiwot Tamiru, the company reported a 22% increase in revenue, reaching 93.7 billion birr ($1.63 billion), and a 21% rise in net profit, totaling 21.79 billion birr.

Read more: Ethio Telecom Has Announced a 22% Increase in Revenue and a 21% Growth in Profit

Safaricom Ethiopia is focused on significantly enhancing connectivity in the Southwestern Oromia region. The company's CEO recently embarked on a tour of key towns, including Jimma and Agaro, to personally oversee the rollout of the network expansion and to strategize for future developments in the area.

Read more: Safaricom Ethiopia Expands Network to Bridge Digital Divide in Southwestern Oromia

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