Ethio Telecom Earns 22.4 Billion Birr in Six MonthsBy Staff ReporterJanuary 15, 2020 (Ezega.com) -- Ethio telecom, the Ethiopian telecom monopoly, announced it has earned over 22.4 billion birr in revenue from its service sales during the first half of this Ethiopian fiscal year. She further highlighted, revenue from mobile services contributed the lion’s share of the total amount, fetching over 50.49 percent, and internet services and international telecom services contributed 27.3 and 9.8 percent of the revenue, respectively. "Had it not been for frequent challenges including power outage, internal and external telecom frauds, the revenue could have been more," she added. The Ethiopian government disclosed last year that it plans to privatize parts of Ethio Telecom. Phone and internet services are generally poor and unreliable and at times affected by government politics and other considerations.

Source: Ethiopian News January 15, 2020 21:11 UTC