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Telecom Egypt provides Google with layer 3 mesh network solution
Telecom Egypt (TE) has signed an agreement with Google to provide the latter with layer 3 mesh network solution.
Egypt’s mobile regulator, operators sign new frequency agreements
New frequencies to be introduced according to market needs, says CIT Minister Amr Talaat
Telecom Egypt’s share of Vodafone’s accumulated earnings reaches EGP 4.3bn in Q3 2020
Naeem Research said that the probability of Vodafone Egypt’s distributing dividends depends a lot on its new investment plans; including the purchase of the new 40MHz band of spectrum in 2600MHz in November for $540m, with 50% to be paid in the first year of singing the contract
Telecom Egypt records 18% revenue growth in 9M 2020
TE recorded about EGP 22.3bn in revenues in 9M of 2020, a growth of 18% compared to the same period last year. This growth was supported by the increase in retail business, mainly from data services, amounting to 31% compared to the same period of the previous year.
TE establishes mini-shops to stop crowding at central offices
New outlets will ease pressure on main offices and protect customer health and safety
Telecom Egypt provides quarantine hospitals with free ADSL
The move is part of a series of initiatives by Telecom Egypt to support the health system and the efforts healthcare professionals are making in tackling the ongoing coronavirus (COVID-19) pandemic.
Telecom Egypt takes additional measures to combat Coronavirus
Company bans meal deliveries, uses e-mail to make decisions
Telecom Egypt provides free access to Knowledge Bank, online educational platforms
Company increases bandwidth of fixed broadbands by 20% for 30 days
Telecom Egypt provides communication services for Amer Group, Porto Group projects
The agreements were signed by Adel Hamed, managing director and CEO of Telecom Egypt, Hisham Arafat, chairperson of Amer Group, and Mohamed El Sayed, chairperson of the Porto Group.
Telecom Egypt still doesn’t know what to do with its Vodafone Egypt stake: source
TE has appointed Hermes and Citibank to define investment alternatives for its stake in Vodafone Egypt in light of Saudi STC’s agreement with Vodafone International to acquire its stake in Vodafone Egypt for $2.4bn.
Telecom Egypt is not for sale: says Communications Minister
Telecom Egypt said earlier it appointed an investment bank to consider options for the company following Vodafone Group’s intention to divest its stake in Vodafone Egypt.
Sterling and Wilson wins implementation contract of TE’s data centre in Smart Village
Project’s cost amounts to EGP 500m, to be completed in October: source
STC delegation meets TE officials after Vodafone Egypt acquisition offer
STC and Vodafone International Group agreed to sell the latter’s majority stake in Vodafone Egypt to STC for $2.4bn.
No change in Vodafone Egypt management after STC acquisition: CEO
TE has pre-emption right to purchase Vodafone International’s stake in Vodafone Egypt after STC $2.39bn acquisition offer for Vodafone Egypt
TE invests $3bn to upgrade its infrastructure over five years: CEO
“We Pay” application launched as part of the company’s digital services plan, says Hamed
Telecom Egypt achieves revenues of EGP 19bn in 9M 2019
Net profit recorded a decline of 8% compared to the same period last year to reach EGP 3.2bn due to the cost of the early pension programme and the growth of the Bharti deal.
Telecom Egypt and Ericsson go live with 5G Cloud Core Network
Barcelona-Telecom Egypt and Ericsson (NASDAQ: ERIC) announce the upgrade of Telecom Egypt’s Cloud Core Network to be 5G ready. Telecom Egypt had gone live in September 2017 with Ericsson virtual Evolved Packet Core deployed on Ericsson’s proven Network Functions Virtualization infrastructure (NFVI). The solution is prepared for 5G and enables Telecom Egypt to improve speed, …
Telecom Egypt has no plans to sell Vodafone stake in medium term: source
Company could consider selling their stake if it reaches “critical mass”
Altibbi, Telecom Egypt, T20 Egypt launch One Million Free Medical Consultations initiative
Altibbi, the MENA’s largest digital health platform, announced Thursday the launch of its “One Million Free Medical Consultations” initiative which aims to provide free medical advice via voice calls, text messages, and mobile application. The initiative will be conducted in partnership with Telecom Egypt, T20 Egypt, the Health Ministry, and the Communications and Information Technology …
TE expands outwardly, establishes largest data centre for foreign investors in 2019: CEO
Vodafone Egypt owes TE EGP 6bn in retained profits
57% increase in TE’s debts in H1 2018
EGP 8.3bn net debts of the company
TE secures EGP 22bn worth revenues from long-term contracts with mobile operators
Capacity sales’ revenues grew in H1 2018
Telecom Egypt concludes acquisition of Middle East, North Africa Submarine Cable
Telecom Egypt had announced in August the signing of a memorandum of understanding (MoU) with Airtel, wherein, Telecom Egypt will bundle MENA’s assets with existing assets of the TE network.
TE attains EGP 10bn as revenues in H1
45% increase in internet service revenues, add 1 million new mobile customers in 2018
Telecom Egypt is investing in infrastructure to secure long-term returns
Wholesale activity revenues exceed EGP 18bn through 2022
Submarine cables are one of Telecom Egypt’s hubs
The submarine cables are a major source of revenues and profits for Telecom Egypt (TE). TE operates about 17 submarine cables, as well as acquiring Menacables from Orascom Telecom, Media, and Technology two months ago. The cable activity began in Egypt in 1901, when the first cable was laid to transfer telegraphs from Asia to …
International carriers are second largest source of Telecom Egypt revenues
Revenues of cables unit amounted to EGP 1.1bn in Q1 2018
TE, Liquid Telecom announce signing MoU to enable completion of first fibre network from Cape Town to Cairo
‘One Africa’ network started 10 years ago, will pass all south, central, east African countries
Telecom Egypt, Etisalat Misr sign two agreements for national roaming, mobile interconnection
Telecom Egypt and Etisalat Misr announced the signing of an amendment of the national roaming agreement sealed in June 2017. The amendment provides better financial and service quality terms availing improved commercial conditions for Telecom Egypt. The latter is a result of the development of the volume of Telecom Egypt’s data traffic. The new agreement …
Telecom Egypt signs $200m financing deal with Afreximbank, managed by ADIB
Participating in deal of this size emphasises bank’s growth strategy, says Aly
