Ethiopia: Ethiotel Reports 6.5 Billion Br Profit Boost

Ethio telecom, the country's sole telecoms operator, has announced that its net income has skyrocketed to 28 billion Br for the twelve months in the recently ended fiscal year. This has leapt up from 21.5 million Br in 2014/15 and met 73pc of the target.

Nearly 70pc of the income was gained from mobile services.

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