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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
20.4% decrease in landline phone subscribers and 8.7% increase in mobile phone subscriptions: IDSC report
Telecom Egypt made EGP 6.5bn in revenues, representing 17% growth
Unified licence to be launched in September: Communications ministry
The three mobile service operators have agreed to the licence’s terms for offering landline services
Telecom Egypt’s net profit up 21% quarter on quarter
The communication firm says its year on year net profit dropped by 1.04%
Telecom Egypt agrees to pay EGP 2.5bn for mobile licence
Reuters – Fixed line monopoly operator Telecom Egypt’s board of directors agreed to pay EGP 2.5bn ($356.76m) for a mobile licence, the firm said in a statement on Monday. The telecommunications minister announced last month that Telecom Egypt was offered a mobile licence for EGP 2.5bn but that it would not include new frequencies, such …
Mobile licence offered to Telecom Egypt for $360m: Ministry
It has been waiting to launch a new mobile operation that would complement an existing joint venture with Vodafone and compete with the sector’s two other players.
TE expects mobile subscribers to approach 5m in the first year
The unified telecom licence is expected to be activated before 30 June
Telecom Egypt expects mobile licence in March or April
Reuters – Egypt’s landline monopoly Telecom Egypt expects a newly-formed government to grant it a licence to provide mobile services this month or next, the state-controlled company’s chief executive said on Wednesday. Telecom Egypt has been relying on its data business to boost revenue and has been waiting to launch a new mobile operation that …
Telecom Egypt to connect CIB branches using fiber optic technology
The fiber-optic infrastructure would provide CIB data network with data speed of 10 gigabytes per second.
Mobinil expected to see profitability in 2015 and plans to invest EGP 2.5bn in the coming year: Managing director
Mobinil Managing Director Ive Gotieh stressed the need to settle all monetary disputes with Telecom Egypt before the latter will provide mobile services. Gotieh stresses that this action will help to maintain “fair competition in the domestic market.”
NBE and Telecom Egypt sign agreement for fiber-optics upgrade
The telecommunication company will be responsible for providing infrastructure for entiree network as well as securing all banking data.
Telecom Egypt to update Al-Ahli Bank information network for EGP 90m
TE and Al-Ahli Bank sign agreement to update the latter’s information network using fiberoptics at a cost of EGP 90m for five years
Northern submarine cables route comes online
Route starts from Abu Talaat in Alexandria to protect the cables that cross Egypt from Asia to Europe and vice versa
Telecom Egypt hopes to win mobile licence this year
The company reported a 16% increase in revenue and a 2.3% rise in net profit in the third quarter compared with the same period last year.
Telecom Egypt denies sale of Vodafone shares
Telecom Egypt chief executive officer Mohamed El-Nawawy comments on incorrect media reports
LINKdotNET warns of Ramadan blackout risks
Summer season strains Telecom Egypt’s central servers, potential drag on nationwide internet performance
ETA reveals top 10 taxpayers for FY 2012-2013
Banks dominate list
Vodafone Egypt hit hard due to lack of foreign currency
Resorts to paying some suppliers in Egyptian pounds
TE Data awarded ISO certificate for cyber security
Improving cyber security is one of our top priorities: TE Data CEO
Mobinil appeals verdict
Mobinil says it respects court decisions but stands by employees’ innocence
Telecom Egypt employees sceptical of new appointment
Employees of Telecom Egypt have met the appointment of the company’s new non-executive chief officer, Omar El-Sheikh, with muted approval. “I am neutral towards the appointment but hopefully he might meet our expectations,” the president of Telecom Egypt independent workers syndicate, Mohammed Helmy, said. Omar El-Sheikh was public relations director at Vodafone Egypt, he has …