Ethio telecom's revenue for the first half of the fiscal year has spiked to over
The performance was nine percent lower than the target set for the period, but 12.4pc higher than the same time last year, the state monopoly said during a press conference on
Of the total revenue, 67pc was earned from mobile telephone services, while 16pc came from international calls. Some 10pc was earned from data and Internet services. The gross profit earned within the six months stands at 5.3 million Br.This represents an achievement of 111pc of the plan, according to the six-month performance report.
The number of customers also reached 27.1 million, with mobile subscription accounting for 26.2 million,
The state monopoly aims to expand the country's telecom infrastructure, from the current 64pc to 85pc, by the end of the GTP period, it says. The expansion project aims to increase the capacity of the current network infrastructure by 39 million mobile subscribers. It will also introduce 4G networks in
From the total 690 billion Br budgeted to realise the GTP, telecommunications has been designated 21.7 billion Br.
Ethio telecom has given two Chinese telecom companies, Huwaei and ZTE, a two-year contract worth
Preparations for the expansion of
"So far, we have imported equipment on six chartered flights," the manager said. "There is also equipment being transported by ships."
About 127 local construction companies are to sign contracts to handle the civil work of the project. The expansion project will see the installation of 337 towers at different sites across
Ethio telecom's report comes amidst growing dissatisfaction over its mobile and Internet services. The crises in poor service reached its climax at the end of last week, when it was impossible for subscribers to get connected for three consecutive days. Abdurahim attributed this particular case, however, to technical problems in transmission links between the
Technical experts at the company said that the problem occurred while ZTE was undertaking network maintenance, the first since 2011.
Ethio telecom's old network, set up by
The Nokia Area has, however, been identified as the priority for the
The network infrastructure in the ZTE Area, which lies outside the
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