Addis Ababa, — Ethio telecom announced that it will undertake 5G network expansion and also strengthen other telecom network expansions as well as service quality assurance activities to meet the growing demand of data users by the end of the Ethiopian fiscal year. Accordingly, the total mobile service capacity will be 92 million by the end of the stated period, it added. Launching its 2023/24 Annual Business Plan today, Ethio Telecom CEO Frehiwot Tamiru said goals of the major business plan will be achieved through engaging in new business streams and shifting revenue sources from traditional to value added services, and offering local and international products and services to the market. Ethio Telecom has set plan to generate 90.5 billion Birr in the new Ethiopian fiscal budget year by registering 9.4 per cent increment to that of last year, she added. Implementation of new and modern telecom infrastructure and systems expansion such as Data Center, Cloud, Business and Operation Support System will be strengthened, the CEO further stated.

Source: Ethiopian News July 28, 2023 18:43 UTC