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2Africa consortium completes subsea cable system linking Africa, Europe, Asia, Middle East

Telecom Egypt announced the completion of the core 2Africa subsea cable system, developed through a consortium that includes Bayobab, center3, China Mobile International, Meta, Orange, Vodafone Group, and WIOCC.

Updated 18m8h
Telecom Egypt posts 96.46% YoY consolidated profit increase in 9 months

Telecom Egypt (ETEL) reported a 96.46% year-on-year (YoY) surge in consolidated net profit attributable to the holding company for the first nine months of 2024, according to the consolidated financial statement filed to the Egyptian Exchange (EGX) on November 13th.

Updated 11/13/2025 10:13:00 AM
Telecom Egypt appoints Tamer El Mahdi as Managing Director, CEO

Telecom Egypt has appointed Tamer El Mahdi as Managing Director and Chief Executive Officer (CEO), after Mohamed Nasr stepped down from both his executive role and his seat on the board of directors.

Updated 9/30/2025 9:30:00 AM
Telecom Egypt grants preliminary approval to Helios' binding offer

The board of Telecom Egypt has granted its preliminary approval of the binding offer submitted by Helios Investments to acquire a stake ranging from 75% to 80% in a subsidiary that will own the Regional Data Hub (RDH).

Updated 9/7/2025 12:01:00 PM
Telecom Egypt completed Coral Bridge linking Egypt, Jordan

NaiTel, a licensed telecommunications service provider in Jordan and the telecom arm of Aqaba Digital Hub (ADH), and Telecom Egypt have laid the express subsea cable "Coral Bridge" connecting Egypt and Jordan

Updated 8/21/2025 10:05:00 AM
Telecom Egypt’s consolidated profits leap 61.3% YoY in H1 2025

The consolidated net profits attributable to the shareholders of Telecom Egypt hiked by 61.36% yearly to EGP 10.520 billion in the first half (H1) of 2025 from EGP 6.515 billion

Updated 8/14/2025 8:19:00 AM
Telecom Egypt restores services after Ramses Central fire

Telecom Egypt announced that services affected by a fire at the Ramses Central in downtown Cairo have been restored after operations were transferred to alternative exchanges.

Updated 7/9/2025 10:27:00 AM
Telecom Egypt, SubCom complete Egypt landings for SEA-ME-WE 6 cable system

Telecom Egypt and SubCom have announced the completion of the Egypt landings for the Southeast Asia-Middle East-Western Europe 6 (SEA-ME-WE-6) subsea cable system.

Updated 7/2/2025 9:24:00 AM
Telecom Egypt-consortium inks MoU to construct AAE-2 subsea cable

A consortium of four subsea cable operators, Zain Omantel International (ZOI), PCCW Global, Sparkle, and Telecom Egypt, signed a memorandum of understanding (MoU) to develop the Asia-Africa-Europe-2 (AAE-2) subsea cable system.

Updated 6/12/2025 8:41:00 AM
Telecom Egypt’s consolidated profits up 19.7% YoY in Q1 2025

Telecom Egypt (ETEL) logged EGP 4.645 billion in consolidated net profits attributable to the holding company for the first quarter (Q1) of 2025, up by 19.67% year on year (YoY) from EGP 3.882 billion.

Updated 5/13/2025 9:22:00 AM
Telecom Egypt to distribute EGP 1.5/share dividends for 2024

Telecom Egypt’s general assembly approved cash dividends of EGP 1.5 per share for 2024

Updated 4/8/2025 9:56:00 AM
Huawei, Telecom Egypt pen cooperation agreement to enhance digital tech solutions

Huawei signed a cooperation agreement with Telecom Egypt to improve tech solutions in preparation for the launch of 5G services in Egypt

Updated 3/4/2025 1:08:00 AM
Telecom Egypt’s consolidated profits down 3.7% YoY in 2024

Telecom Egypt logged consolidated net profits attributable to the holding company worth EGP 10.098 billion in 2024

Updated 2/27/2025 8:33:00 AM
Telecom Egypt, Orange Egypt pen EGP 15B agreements to enhance services

elecom Egypt and Orange Egypt have penned strategic agreements at a combined value of EGP 15 billion to improve technological services and meet customers’ needs.

Updated 2/19/2025 8:33:00 AM
Telecom Egypt activates Mediterranean subsea link on 2Africa with Cisco technology

Telecom Egypt has announced the activation of a Mediterranean subsea link on the 2Africa cable system in collaboration with Cisco.

Updated 1/26/2025 1:51:00 AM
Egypt launches Wi-Fi calling service to boost telecom sector

Egyptian mobile network operators launched the Wi-Fi calling service to foster the state’s telecom market

Updated 1/21/2025 8:14:00 AM
Telecom Egypt, CMI pen agreement to foster digital economy

Telecom Egypt and China Mobile International (CMI) signed a strategic commercial agreement to accelerate digital economy development

Updated 12/24/2024 9:46:00 AM
Telecom Egypt hikes prices for home internet, recharge cards

Telecom Egypt (WE) has introduced a price hike for both home internet services and recharge cards, which came into effect starting Friday, December 6th.

Updated 12/8/2024 3:13:00 AM
Telecom Egypt secures tier III design certification for regional data hub 2

Telecom Egypt has received the Tier III Design Certification from the Uptime Institute for its Regional Data Hub 2 (RDH 2).

Updated 11/18/2024 10:19:00 AM
Telecom Egypt posts 5.59% YoY consolidated profit decrease in 9 months

Telecom Egypt (ETEL) reported a 5.59% year-on-year (YoY) drop in consolidated net profit attributable to the holding company for the first nine months of 2024.

Updated 11/14/2024 9:32:00 AM