Ethio Telecom has reported significant financial and operational growth for the 2025/26 fiscal year, as Ethiopia’s state-owned telecommunications operator strengthened its position in the country’s rapidly evolving digital economy.
The company generated ETB 215.82 billion in revenue during the fiscal year, representing a 33.2% increase from the previous year and achieving 99.7% of its annual revenue target. Its customer base also climbed to 90.12 million, exceeding the company’s target for the period.
Profitability indicators also improved. Ethio Telecom’s EBITDA rose 51.9% to ETB 38.7 billion, while operating profit increased by 47.5% to ETB 30 billion. The company attributed part of its performance to stronger cost management and operational efficiency, with its Do2Save initiative delivering ETB 14.61 billion in efficiency gains during the year.
The operator’s expanding customer base was accompanied by growing demand for mobile and digital services. Active mobile subscribers reached 72.09 million, while mobile data users increased 10.7% to 51.53 million. Fixed broadband subscriptions also grew 18% year on year to one million customers.
One of the most notable developments was the changing composition of Ethio Telecom’s revenue. Data and internet services accounted for 31.1% of total revenue, overtaking mobile voice as the company’s largest revenue contributor. The shift highlights the increasing importance of internet connectivity and digital consumption as Ethiopia’s telecommunications market continues to develop.
The performance comes as Ethio Telecom pursues its “Next Horizon: Digital & Beyond 2028” strategy, which seeks to move the company beyond traditional telecommunications and position it as a broader technology and digital services provider.
With more than 90 million customers and rising demand for data and broadband services, Ethio Telecom’s latest results underscore the growing role of connectivity in Ethiopia’s digital transformation. The company’s continued focus on digital services could also place it at the centre of the country’s efforts to expand digital inclusion and build a more connected economy.
