Ethio Telecom Anticipates ETB127Bln Operating Profit, ETB43Bln In Dividends
According to The Reporter Ethiopia, Cross-border Fiber Deployment through Kenya Set to connect 20pct Zonal Administrations Ethio telecom has projected to disburse a staggering ETB 43.1 billion in dividends to the government and its public shareholders. Fueled by robust revenue expansion, large-scale job creation, and strategic capital investments, the company anticipates direct and indirect tax contributions totaling ETB83.8 billion.
What happened
Cross-border Fiber Deployment through Kenya Set to connect 20pct Zonal Administrations Ethio telecom has projected to disburse a staggering ETB 43.1 billion in dividends to the government and its public shareholders. Fueled by robust revenue expansion, large-scale job creation, and strategic capital investments, the company anticipates direct and indirect tax contributions totaling ETB83.8 billion.
Why it matters
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