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Telecom Egypt (CAI:ETEL) |
Cellular News
May 13
Comment
Egypt's monopoly landline operator, Telecom Egypt says that it stands ready to launch its own mobile network services as soon as the regulator grants the necessary license. Click here for more.
Cellular News
Mar 11
Comment
Telecom Egypt has posted a near 13 percent fall in its full-year profits of EGP2.61 billion (US$386 million) as the country's economy was hurt in the post-Mubarak confusion. Click here for more.
Cellular News
Jan 2
Comment
Telecom Egypt may be required to sell its 45% stake in Vodafone's local mobile network in order to secure its own MVNO licenses, the company has confirmed. Click here for more.
Cellular News
Dec 27
Comment
Telecom Egypt will be allocated a mobile operator license by the middle of next year, while the incumbent mobile networks will be allowed to provide landline services, the regulator has confirmed. Click here for more.
Reuters
May 14
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Telecom Egypt reported a 1.7 percent 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.
Reuters
Apr 10
Comment
Proposed amendments to an Egyptian law requiring mobile telecom operators to give a percentage of their shares to Egyptians would apply only to new licence operators, a communications ministry official said on Tuesday.
Reuters
Feb 23
Comment
Landline monopoly Telecom Egypt expects to maintain its profitability this year as it presses ahead with cost cuts and business clients look again at investing after a turbulent 2011, company executives said on Thursday.
Reuters
Feb 23
Comment
Landline monopoly Telecom Egypt expects its revenues to be little changed in 2012 and aims to maintain profitability at a level similar to last year as it continues a cost-cutting programme, its finance chief said.
BusinessWeek
Feb 22
Comment
France Telecom SA may spend about $2 billion to buy most of billionaire Naguib Sawiris’s stake in their Egyptian wireless venture and delist the operator.
Reuters
Jan 17
Comment
Landline monopoly Telecom Egypt plans to issue a dividend of 30 piastras per share on deferred profits, the company said in a statement via the stock exchange on Tuesday.
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