Ethio Telecom’s TeleBirr snags 1m subscribers in first week

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Reports suggest that Ethio Telecom’s newly launched mobile money service, TeleBirr, has accrued over one million mobile subscribers just one week after launch.  The service, launched on the 11th of May, will allow customers to make cashless transactions using their mobile device, including sending and receiving money, depositing and withdrawing cash from selected locations, paying bills, and receiving cash sent from abroad…

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