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TE profits up by 12% in 9 months
Company raised revenues to EGP 13.2bn, up from EGP 9.6bn
TE sells its products and lines on Souq.com
Telecom Egypt (TE) has signed an exclusive cooperation agreement to market its products through Souq.com, a subsidiary of Amazon, to sell its products it. Souq.com is one of the leading online shopping sites in Egypt and the Arab world with more than 8.4 million products in 31 categories, including electronics, cosmetics, household items and household …
“We” attract 1 million clients in its first month, begins fighting for market share
Competition amng the 4 companies will be on main sim card, says Ellaithy
TE added 22,000 new customers to fixed-line services in August
Telecom Egypt (TE) added 22,100 new customers to its fixed-line services in August, according to a report by the Ministry of Communication and Information Technology. The number of customers increased from 6.25 million customers in July to 6.27 million customers in August. Despite the growth in the number of customers in August, the number of …
How much revenues will TE realise by increasing landlines subscription fees?
Telecom Egypt (TE) raised the fees of landlines subscriptions last week starting from October bills. The company attributed the increase to the rise in costs following the float of the pound. This raises the question: how much revenues will be realised from this? TE changed to fees to EGP 15 per month, up by EGP …
Telecom Egypt raises land-line subscriptions and contracts prices
High operating costs behind the increase
Mubasher upgrades Telecom Egypt fair value, recommends buy
The report further noted that TE has benefited from the pound’s flotation
‘We’ logo: amalgamation of the four classical elements
Prepaid cards and logo designs are available on Shutterstock
Telecom Egypt transforms into full-fledged operator to boost share performance: report
The stock has returned 17% in just five months, likely to extend rally
Infinix nears completing contract with TE
Market sales have regained growth and have approached one million units per month, says Wagih
TE Data seek to hire distributors and dealerships for internet services with a commission up to 30%
Distributors’ powers will include contracting on land line and mobile services
Telecom Egypt begins final preparations to provide mobile services
An official at Telecom Egypt stated in special remarks to Daily News Egypt that the company’s mobile lines arrived yesterday to the stores of the company in preparation for public offering within a few days. This coincides with the launch of mobile services, he said. The official added that the National Telecommunications Regulatory Authority (NTRA) …
TE achieved 41% growth in revenues during Q2 of this year
Company’s net profit amounts EGP 1.3bn, up by 22% over last year
Telecom Egypt is preparing to offer its services via Etisalat network
An official at Telecom Egypt said that the company signed local roaming agreement with a single company in Egypt, Etisalat, next to a memorandum of understanding in principle with Orange. He pointed out that it is possible for TE to offer its services through one network. The source added that the company is currently building …
Telecom Egypt uses cars to promote its new brand
Company is negotiating with mobile manufacturers to offer bundle services
TE revenues reach EGP 4.2bn in Q1 2017
Profits grow by 5% y-o-y
EGP 14bn total TE revenues for FY 2016
EGP 2.7bn total profits with 10.9% decline compared to last year
Mobile operators offer their voice services to TE
Mobile phone companies offered their voice services to be used by Telecom Egypt (TE) in phases that are being agreed upon. TE is to offer mobile services this year. Sources told Daily News Egypt that mobile operators are currently negotiating with TE on the schedule necessary to cover the services to be provided by the …
Orange appeals verdict compelling it to pay EGP 49m compensation to TE
Orange Egypt announced that it appealed the verdict issued against it on Saturday to pay a financial compensation worth EGP 49m to Telecom Egypt (TE) for the losses resulting from rerouting international calls. In its press release, Orange said that it is certain of the integrity of its legal situation and will take all necessary …
TE displays its potential as 1st integrated operator for telecommunications services
The company conducted an experiment using 4G services at Cairo ICT
Redistribution of 4G frequencies deprives Vodafone from obtaining best frequency band
The 900 MHz frequency band is better than 2,100 MHz
TE’s Q3 profits surpass investment banks’ expectations by 11.9%
Even though net profits of the company during Q3 exceeded expectations, they declined by 27.85% compared to profits during the same period in 2015
Communication experts demand market be reorganised before providing 4G services
Law No. 10/2013 must be amended to prevent the government’s control over NTRA, says Sherif
TE starts local roaming negotiations with mobile companies
Negotiations began since the announcement of the 4G licence launch, but were suspended
TE increases short numbers subscription’s price to EGP 68,800 annually
EGP 46,300 increase in prices compared to last year’s contracts
TE is now a mobile carrier, what’s next?
The telecommunication market in Egypt has its eyes set on the National Telecom Regulatory Authority (NTRA) meeting on 1 October. It all looks complicated now that the three mobile operators—Vodafone, Etisalat, and Orange—have declined the 4G licence; but Telecom Egypt (TE) has decided to go through with the purchase, making it an integrated telecommunication operator. …
Would Telecom Egypt repeat mistakes of MSAN in 4G?
An official in Telecom Egypt said that he was worried his company would repeat the mistakes it had made while installing the multi-service access node (MSAN) during the past two years, as it did not lead to improvement in any landline or internet network. Many customers had been outraged because their phone numbers were changed …
United Bank intends to participate in the loan arranged for TE: bank’s chairperson
Volume of bank’s syndicated loans portfolio amounts to EGP 500m, with most of the funds going to electricity and petroleum projects, says Elkady
TE signs 4G licensing contracts and becomes integrated operator
The licence is worth EGP 7.08bn, part of which will be paid in dollars and part in instalments over four years
Establishing companies through IPO takes over amid government trend of financing through EGX
Government demands that it benefit from the exceptions made by the EGX in 2014 regarding launching companies established through IPO, especially in the infrastructure and agricultural sectors