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Telecom Egypt Q1 result beats forecastTelecom Egypt (TE) reported first-quarter revenue of 2.72 billion Egyptian pounds ($390.1 million), up 1.4 percent from the same period last year and beating an average forecast of 2.59 billion ba More… |
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Telecom Egypt profit falls on economic chaosTelecom Egypt reported a 12.8 percent fall in full-year net profit, hit by economic turmoil in the north African country and a further decline in its fixed-line business as customers switch to mobile phones. The company, which is More… |
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Telecom Egypt to get mobile licence by mid-2013Egypt will grant Telecom Egypt a license by mid-2013 to provide mobile services and will later let mobile companies offer fixed-lined services using Telecom Egypt's infrastructure, the industry regulator said. Landline monopol More… |
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Telecom Egypt net profit drops 25pcLandline monopoly Telecom Egypt reported a 25 percent drop in second-quarter net income on Wednesday, pushed lower by weaker revenue and employee demands for higher pay. Net income was 613 milli More… |
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Telecom Egypt undecided on interim dividendTelecom Egypt reported a 1.7 per cent rise in quarterly net profit, and said while the local business environment was stabilising it was too early to say whether it would pay an interim dividend. "For the ti More… |
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Telecom Egypt Q1 net up, business improvesLandline monopoly Telecom Egypt reported on Monday a 1.7 percent rise in net profit for the first quarter of 2012, saying the Egyptian business environment was improving after a turbulent year in 2011. The company reported consolidat More… |
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Telecom Egypt Q3 net profit drops 21pcLand-line monopoly Telecom Egypt posted a 21 percent drop in third-quarter net profit on Monday as it continues to suffer the economic fallout of a popular uprising. The company, which is banking on data services to offset lower fixed-line More… |
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Telecom Egypt owed $21m by card providersLandline-monopoly Telecom Egypt said on Wednesday it was owed 128 million Egyptian pounds ($21.5 million) by telecommunications companies providing pre-paid card services. Telecom Egypt issued a statement after some news reports put More… |
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Telecom Egypt net profit drops 15pcLandline monopoly Telecom Egypt posted 15 percent drop in second-quarter results on Monday, the company said in a statement. The company made a net profit of 826 million Egyptian pounds($138.8 million), down from 971 million pounds i More… |
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Telecom Egypt deploys 40G cable systemTelecom Egypt (TE), a major telecom services provider, and Alcatel-Lucent, have put in service a cable system provisioned with 40 Gigabit per second (40G) wavelengths across the Mediterranean. The TE-North cable system is the first Mediter More… |
