Ethiopia's state-owned Ethio Telecom reported sharply higher annual profit on Thursday, driven by an expansion of its network and more customers.

Ethiopia's state-owned Ethio Telecom sold only 10.7% of the shares in its initial public offering in which the government sought to trim its equity in the firm.

Addis Ababa, July 24, 2025 (ENA) -- The successful completion of Ethio telecom's three-year LEAD Growth Strategy is a milestone initiative that significantly expanded telecom and digital ...