Telecom Egypt highlights revenue growth in H1 2018

In releasing its financial results for the first half of 2018, Telecom Egypt announced a notable milestone, with revenues for the period topping EGP10 billion (USD558 million) for the first time. Consolidated turnover in the six-month period under review, meanwhile, stood at EGP10.13 billion,"...

Telecom Egypt to raise $500mln syndicated loan led by UAE banks

Telecom Egypt, the country's largest internet provider, is raising a $500 million syndicated loan for capital and operating expenditure, according to a statement from banks leading the transaction.

Telecom Egypt and Etisalat Misr ink virtual fixed voice service MoU

Telecom Egypt has signed a memorandum of understanding (MoU) with Etisalat Misr to provide the latter with ‘virtual fixed voice services’, confirming via a press release that the MoU ‘covers all the basic terms that shall allow both companies to formalise a commercial"...

Airtel, Telecom Egypt tie up for global submarine cable systems

Telecom major Bharti Airtel on Monday announced a strategic partnership with Egyptian operator Telecom Egypt (TE), which would allow Airtel to use the Middle East North Africa (Mena) Submarine Cable and TE North cable systems.

The partnership would help Airtel to serve the"...

GSMA Announces Latest Event Updates for 2018 “Mobile World Congress Americas, in Partnership With CTIA”

(AETOS Wire)-- The GSMA today announced several additions to the Mobile World Congress Americas event line-up, including new speakers in the conference program, additional participating companies and exhibition experiences, and new programs and events."...

Egypt Mobile Market Loses Around 1.5 Million Subscribers in April

The Egyptian mobile market lost 1.45 million subscribers in April to reach 97.6 million compared to 99.1 million in March, according to a report by the Ministry of Communications and Information Technology.

The"...

Telecom Egypt, Liquid Telecom join to complete Cape to Cairo Network

The Econet Group and Telecom Egypt have signed a memorandum of understanding (MoU) that will enable Econet’s Liquid Telecom unit to complete a terrestrial fibre optic network stretching all the way from Cape Town in South Africa to Cairo.

The"...