Telecommunication News
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Egypt considers floating further stake in Telecom Egypt in EGX
Telecom Egypt’s revenues grew by 10 percent in 2022, recording EGP 44.3 billion with a net profit of EGP 9.2 billion.
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Telecom Egypt issues explanatory statement regarding offering new stake in stock exchange
The Ministry of Finance stated that the matter did not go beyond a preliminary study that is still in its infancy and preliminary stages.
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Egypt offers to sell 10% of government's stake in Telecom Egypt
Telecom Egypt's revenues increased in 2022 by 19 percent, amounting to LE 44.3 billion.
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Telecom Egypt reports 9.09% YoY surge in 2022 profits
Consolidated operating revenue grew to EGP 44.273 billion last year from EGP 37.087 billion in 2021.
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Telecom Egypt, Huawei to boost cooperation in digital transformation
At the end of the minister’s participation in the MWC, Talaat held a series of meetings with officials from a number of major international technology
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Where west and east meet: Egyptian firm debuts mixed C5ISR system
Egypt uses systems made in the US, China, Russia and others, and at IDEX 2023, a company says it’s figured out how to make them talk to each other.
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Telecom Egypt studies financing options to cover its future expansions
Telecom Egypt was able to achieve $2bln worth of revenues during the past five years at an average of $400mln annually.
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Telecommunications companies in Egypt offer free calls to Syria, Turkey
Telecommunications companies in Egypt offerd international roaming service to its customers residing in Syria and Turkey for 15 minutes for free.
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Orange Egypt Partners with Fawry to enhance digital payment services
The collaboration strengthens Orange Cash's position as Egypt's leading digital payment service, providing customers comprehensive payment services.
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NTRA registers 3 billion VoLTE calls in 4Q 2022
Measurement methodology entailed conducting quality-measuring tests on samples of voice calls and data services to determine the quality of services.
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Bank lends Etisalat Egypt $132m to expand broadband services
The funding is expected to help the operator improve its footprint and offer, said Etisalat Egypt.
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Vodafone Egypt deal bumps up S.Africa's Vodacom quarterly revenue
Vodafone Egypt was consolidated from Dec. 8, contributing over 1.8 billion rand to group service revenue.
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Vodacom lands 2Africa, the world's largest subsea cable, in EC
The subsea cable project aims to significantly increase the capacity, quality, and availability of internet connectivity between Africa and the world.
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TOD and TPAY partnership targets Egypt’s mobile content subscribers
The partnership will cover up to 105 million consumers in Egypt to begin with. It will then expand to more countries across the MENA region.
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Telecom Egypt, Huawei to set up Africa’s first green tower
There was a recent announcement that there will be the implementation of the first eco-friendly, integrated solution to provide mobile networks.
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Vodafone completes transfer of its 55% shareholding in Vodafone Egypt to Vodacom
Vodafone Egypt will benefit from closer co-operation with Vodacom, enabling it to accelerate growth in financial services and the Internet of Things.
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Telecom Egypt and Huawei introduce Africa’s first ‘green tower’
Telecom Egypt is the first operator in Egypt and Africa to install the green tower, which is labelled as the optimum steel alternative.
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Vodafone Egypt is contributing to Egypt's 2030 Vision for sustainable development
He added that the company aims to employ modern technologies for the agricultural sector to save 18 bcm of water.
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Orange Digital Center hosts Orange Venture Demo Day
Orange Venture Demo Day was held at Orange Digital Center where 12 Orange Venture Startups from across MEA and the UK attended.
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South Africa's Vodacom Acquires 55% Stake In Vodafone Egypt With EFG Hermes Advisory
State-run Telecom Egypt will continue to be the company's minority partner with a 45% stake.