BOLDEN African News · Saturday 31 October 2026
Ethio Telecom targets ETB 295 billion in revenue for 2026/27
Ethio Telecom's 2026/27 business plan targets revenue of ETB 295 billion, up 36.7%, including ETB 77.45 billion from digital and adjacent businesses. It projects EBITDA of ETB 154.4 billion and ETB 43.1 billion in dividends to the government and public shareholders. Its telebirr mobile money service has 67.69 million active users, and national backbone fibre is to grow to 25,642 km.
Why it matters
As a listed operator facing competition from Safaricom Ethiopia, Ethio Telecom's investment plans shape the growth of Ethiopia's digital economy.
Source: The Reporter Ethiopia · 31 October 2026