Here Are the New Ethio-Telecom Prices in 2024

Ethiopia's state-owned telecom provider, Ethio Telecom introduced a wide-ranging tariff increase, prompted by rising operational costs following the adoption of a floating exchange rate policy. The most significant increases affect international calls, with rates surging by up to 658%, Telebirr transfers to banks have also spiked. Ethio Telecom attributes these hikes to increased costs driven by foreign currency dependence on equipment purchases and maintenance.