Latest in Tag: Telecom Egypt Highlight
Latest in Tag: Telecom Egypt
Telecom Egypt posts 111.2% profit margin in 2015
TE data’s fourth quarter profit surge was due to the enforcement of the new income tax law, says telecommunications analyst
TE looks forward to unified licence with 4G frequencies: CEO
Dollar crisis raised costs for developing infrastructure, increased revenues from marine cables
NTRA,TE negotiate to install Internet quality measurement devices: NTRA Executive President
Acting Executive President Mustafa Abdul Wahid speaks to Daily News Egypt about the NTRA’s plans
TE profits EGP 1.2bn in Q3 2015
Company’s keenness to understand the requirements and desires of customers positively reflected on the overall results, says statement
Etisalat Egypt reduces Internet prices due to counter loss of customers
We presented our current cost structure to NTRA to prove our losses, says company official
TE calls on new communications minister to launch unified licence
Former communications minister Khaled Negm was unsupportive of unified licence, despite predecessor Atef Helmy’s good work, says Yassin
Mobinil plans to increase capital next year: CEO
In an interview with Daily News Egypt, Mobinil CEO Yves Gauthier discussed the latest developments regarding the company’s debt restructuring process. Gauthier also tackled the status of and challenges facing the telecom market in Egypt. How does Orange International evaluate the telecom market in Egypt? It’s a big market, the country has around 90 million …
TE reshuffles board, reappoints dismissed officials
Upgrading infrastructure and improving the level of service top our priorities list, says Yassin
Instability, lack of adequate support behind Salem’s resignation from TE
I preferred to leave the scene, and my resignation was submitted two weeks ago, says Salem
Salem resigns from TE, despite calls for him to stay
Mohamed Salem, Chairman of Telecom Egypt (TE), has resigned, despite attempts to convince him to remain, according to Osama Yassin, Managing Director, CEO and board member of TE. Yassin added that he has yet to hold a meeting with the Board of Directors to discuss Salem’s resignation. Salem took over the Board of Directors’s chairmanship …
Mobinil plans to increase capital next year: CEO
TE has monopoly on Egypt’s internet market where they can fix the price they want, says Gauthier
Negm, TE dispute settles unified licence file
It started with the TE administration’s objections to the reduction of the infrastructure rental rate for Internet service providers.
Ministry of Communications’ intervention to resolve TE crisis is legal: Negm
By Mohamed Alaa El-Din Minister of Communications Khaled Negm said his ministry’s intervention to resolve Telecom Egypt’s (TE) recent crisis is not against the law. He added, in a statement to the Daily News Egypt, that the government owns 80% of the company’s shares, which allows it to intervene in order to redirect the company’s path. …
4G licence proposal opportunity for TE to become integrated operator
TE’s acquisition of licence means giving up EGP 20bn, revenues of next five years, says official
TE releases financial results, revenues increase
The company stated it achieved 9.9% profit growth over Q1 of 2015, compared to last year
Unified licence, national entity, Internet prices TE’s most significant issues
Management changes since 2000 have failed to make a breakthrough, says SSTE deputy head
Internet service, revenue increase Elnawawy’s most important Telecom Egypt achievements
Deterioration in relations with mobile companies is most prominent failure of former chief executive
Telecom Egypt back to square one
By Mohamed Alaa El-Din and Aisha Zedan Many years were wasted in negotiations between the Ministry of Communications and Information Technology and mobile companies on one hand, and the National Telecommunication Regulatory Authority (NTRA) along with the four phone operators on the other. The negotiations aimed at implementing the unified license, but things got complicated, …
Telecom Egypt CEO sacked
Tarek Aboualam and Khaled Sherif most likely candidates to replace El-Nawawy
Internet companies link price reduction to TE solving infrastructure issues
Following Telecom Egypt’s (TE) decision to replace the copper Internet cables with high speed fibre optic cables, competing companies have been losing internet services, forcing customers to switch to TE Data, as it is the only company providing services in the meantime. “We cannot discuss enhancing prices and Internet speed service, while Internet providers lose …
TE aims to increase infrastructure investments to EGP 3bn during 2015
By Mohamed Alaa El-Din Telecom Egypt (TE) allocated EGP 3bn for investments in the infrastructure sector this year, with an increase of EGP 500m than 2014, said Mohamed El-Nawawy, CEO of TE, to Daily News Egypt. According to Nawawy, revenues from marine cables amounted to EGP 1.2bn, with the support of two giant projects with …
Orange seeking greater Mobinil shares after economic stabilisation: Gauthier
Egypt is promising economy given increasing population, with greater Egyptian investments expected
Telecom Egypt completes copper cable replacement
Telecom Egypt announced the completion of its plan to replace copper cables with fibre optic cables during March, to raise the network efficiency and provide high-quality communication services. The company said the plan’s implementation will allow 4 million customers to receive communication services through fibre optics by the end of this year out of the …
Telecom Egypt resorts to appeals court to annul interdependence case verdict
The verdict came out in favour of Vodafone
Vodafone monitors EGP 9.5bn investments in Egypt over 3 years
We increased infrastructure investments by 40%, says Al-Hegazy
Unified licence the most prominent ‘communications’ pending file of 2014
Telecom Egypt solely aggrieved from delayed offering of unified licensing system
Wholesale mobile minute prices unified to Telecom Egypt: NTRA Executive Presiden
Mobile operator companies have the right to be given a licence for fixed phone services in return for paying EGP 100m.
Telecom Egypt experiences profits drop in 2014
TE’s revenue amounted to EGP 9.1bn during the first nine months of 2014, compared to EGP8.3bn for the same period last year, according to a company statement.
TE aims to expand number of submarine cables to 21 by end of 2016
We will rely on the unified licence (mobiles-landlines-internet) to attract customers, says CEO Mohamed El Nawawy
Recommendation to nullify 20% sale of Telecom Egypt raises concerns
We were not notified, says company