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Articles tagged with: Telecom Egypt
Egypt offers new telecom licenses
Egypt will offer two licenses to provide telecommunications services for upscale suburbs outside the capital, including fixed lines, a government official said Wednesday, in a move expected to bring in $1 billion worth of investments over the next five years. more
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Telecom Egypt Signs Wholesale Contract With Vodafone
Telecom Egypt and Vodafone Egypt (which is 44.95% owned by Telecom Egypt) have signed an agreement for the provision of wholesale telecommunications services. more
Related Tags: vodafone-egypt, three, Egypt
Telecom Egypt Profits UP - New CEO Announced
Telecom Egypt, the local landline operator that owns a 44.95% stake in Vodafone Egypt, has reported an 8% rise in first-half revenues to EGP 5.2 billion (US$942 million). Net profit after tax was EGP 1.75 billion (US$317 million) representing an increase of 41% on H1 2008 and translating to a net profit margin of 34%. The contribution of share of profits from Vodafone Egypt was EGP 632 million (US$114.6 million), up 3.3% on the year before. more
Related Tags: vodafone, base, Egypt
Telecom Egypt, the landline monopoly and major shareholder in Vodafone Egypt, has announced that its Chief Financial Officer, Tarek Tantawy is to resign to pursue another career opportunity. No replacement has been named yet. more
Related Tags: vodafone-egypt, Egypt
Telecom Egypt Revenues Up on Vodafone Investment
Egypt's landline monopoly operator, Telecom Egypt (TE) has reported a ten-percent rise in full year profits for 2008 to EGP2.79 billion (US$492.2 million), driving largely by its 45% stake in Vodafone Egypt. However, the firm reported a drop in Q4 profits of 27.7% to EGP831 million (US$147.7 million). more
Related Tags: vodafone, driving, landline, vodafone-egypt, Egypt
Orascom, Telecom Egypt to Shut Down Algerian Landline Operator
Orascom Telecom and Telecom Egypt are to liquidate their landline joint venture in Algeria, citing competitive problems with the incumbent operator, Algérie Télécom. Algérie Telecom remained the monopoly fixed operator till 2005. The monopoly status ended in May 2005, when the ARPT awarded the Consortium Algérien des Telecommunication (CAT) a 15-year renewable license to provide fixed, international and rural services. more
Related Tags: rural, landline, Algeria
Repair Ship to Start Work on Severed Undersea Cables Next Week
CAIRO (AP)--Work on damaged undersea fibre optic cables which have disrupted Internet services across the Middle East and India will begin when a repair ship gets there next week, a leading provider of international network services said Friday. more
Related Tags: emirates, fibre-optic, Egypt
Vodafone's First Half Results - An in Depth Study
This article, supplied by The Mobile World contains more charts and data in their subscription service. more
Related Tags: asia-pacific, mobile-messaging, mobile-data, telekom-malaysia, verizon-wireless, eu, arpu, swisscom, vodacom, proximus, essar, telsim
Vodafone Increases Egyptian Investment
Vodafone has announced that it is planning to take management control of its Egyptian subsidiary, Vodafone Egypt. The company is buying just under five percent of Vodafone Egypt from Telecom Egypt, and will end up with a 55% stake in the company. more
Related Tags: vodafone-egypt
Vodafone Says Remains Committed To Egyptian Mobile Market
LONDON -(Dow Jones)- Vodafone Group, Tuesday said it remains committed to selling mobile telephony services in Egypt, despite growing competition in the area. more
Related Tags: etisalat, 3g-license, vodafone-egypt