Ethio Telecom ✓

Telecommunications

★★★★☆ 3.8 / 5 (1 reviews)

Founded: 1894

HQ: Addis Ababa, Ethiopia

Employees: 12,500+

www.ethiotelecom.et

Ticker: ETLC

About Ethio Telecom

Ethio Telecom is Ethiopia's sole telecommunications provider, serving over 70 million subscribers nationwide. The company offers mobile voice, data, internet, and enterprise services. As the country's largest company by revenue, Ethio Telecom has been at the forefront of digital transformation in Ethiopia, rolling out 4G LTE and 5G networks, and expanding mobile money services through its telebirr platform.

Current Price

ETB 320.00

Change

▲ +0.63%

Volume

89.0K

Market Cap

$38.0B

Financial Performance ($)

Financial Summary

Year	Revenue	Profit	EBITDA	Assets	Liabilities
2022	$1.5B	$420.0M	$580.0M	$3.2B	$1.1B
2023	$1.7B	$480.0M	$650.0M	$3.8B	$1.2B
2024	$1.8B	$520.0M	$720.0M	$4.2B	$1.4B
2025	$2.0B	$580.0M	$800.0M	$4.8B	$1.5B

Reviews

Ethio Telecom: Monopoly Meets Innovation

★★★★☆

By admin · Nov 10, 2025

Ethio Telecom occupies a unique position as Ethiopia's sole telecom provider. While the monopoly structure has its drawbacks, the company has shown impressive innovation, particularly with the telebirr mobile money platform.

Network quality has improved significantly with 4G expansion, though congestion remains an issue in urban areas during peak hours. The upcoming liberalization of the sector should drive further improvements.

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