Vodafone tops list of telecom companies in Egypt in 2017 revenue growth

27 Mar 2018

Vodafone Egypt topped the list of telecommunications companies with the fastest growing revenues in 2017. According to sources in the communications sector, the Vodafone Egypt’s revenue growth reached 19%, while Etisalat came second with 18%, followed by Orange with 6%.

Vodafone Egypt topped the list of most profitable telecom companies, with a profit growth rate of 45% in 2017, versus 44% in 2016.

Etisalat Egypt came second with a profit growth of 39.2%, up from 39% in 2016, followed by Orange with 28% in 2017, down from 30% in 2016.

According to sources, Vodafone holds the highest value of the communications market, accounting for 44% of the market’s value in 2017, up from 43% in 2016, followed by Etisalat with 28.4%, up from 27.7% in 2016.

Orange Egypt controls 27% of the market’s value, compared to 30% in 2016, while Telecom Egypt’s share of the market’s value reached only 0.2%.

Vodafone Egypt has the most mobile phone users in Egypt, accounting for 38% of them, followed by Etisalat with 31% and Orange with 29%, while Telecom Egypt accounts for 2%.


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