Egypt
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Society
12/8/2023 5:33:23 PM
Egypt’s National Telecommunications Regulatory Authority (NTRA) announced imposing a fine of EGP 20 million on Telecom Egypt (WE) on Friday following a serious widespread breakdown in telecom infrastructure and disconnection of voice and internet services on Tuesday.
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Egypt
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Society
12/6/2023 12:43:00 PM
Telecom Egypt (WE) announced Wednesday that internet service in Egypt had been fully restored across the country, following disruption due to a technical malfunction in one of its main network devices.
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Egypt
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Society
12/5/2023 6:15:07 PM
Internet service in Egypt has experienced disruption due to a technical malfunction in one of its main network devices, according to Telecom Egypt (WE).
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Business
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Markets & Companies
11/22/2023 8:41:42 PM
Egypt’s main Internet operator Telecom Egypt signed an agreement with the Internet Corporation for Assigned Names and Numbers (ICANN) to install and operate the Managed Root Server (IMRS) in the Egyptian company’s Regional Data Hub.
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Business
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Markets & Companies
11/15/2023 1:56:26 PM
Telecom Egypt (TE) recorded a net profit of EGP 9.1 billion during the first nine months of 2023, up 48 percent from the corresponding period last year, the company said in a statement on Tuesday.
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Business
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Economy
10/1/2023 7:59:44 PM
Telecom Egypt signed an agreement with the Medusa Submarine Cable System to extend the Mediterranean network to the Red Sea by the end of 2025, according to Telecom's statement on Thursday.
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Business
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Economy
6/8/2023 5:32:09 PM
A new system of prepaid plans will replace the current system of billing 11 million landlines customers by the end of 2023, Telecom Egypt, the largest landlines provider in the country, explained in an email to Ahram Online on Thursday.
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Business
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Markets & Companies
5/28/2023 3:29:00 PM
The Egyptian Exchange (EGX) announced on Sunday the successful execution of the second and last tranche of a deal to sell a governement owned 10 percent stake in Telecom Egypt, the country's largest telecom operator.
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Al-Ahram Weekly
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Egypt
5/16/2023 11:46:03 PM
The sale of a stake in Telecom Egypt has set the stage for more offers of stakes in state-owned companies to come, write Niveen Wahish and Sherine Abdel-Razek
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Business
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Markets & Companies
5/16/2023 3:46:29 PM
Egypt is preparing two state-owned companies to be offered as investments before the end of the current fiscal year, Mohamed Metwally, CEO of NI Capital, the Egyptian government financial adviser announced.
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Business
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Markets & Companies
5/14/2023 1:08:38 PM
The Ministry of Finance on Sunday announced the sale of a 10 percent stake in Telecom Egypt, as part of the government’s privatisation programme.
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Business
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Markets & Companies
5/11/2023 2:54:34 PM
Telecom Egypt announced the completion of the second and final landing in Egypt of the 2Africa subsea internet cable, the world’s longest undersea communications cable.
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War in Sudan
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War in Sudan
4/28/2023 2:54:18 PM
Vodafone Egypt and Telecom Egypt (WE) have started offering free phone calls and SMS to Sudan for three days and one week respectively amid the deadly clashes that have wracked the neighbouring country since mid-April.
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Business
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Economy
3/7/2023 3:34:43 PM
Egypt’s government is considering floating an additional stake of Telecom Egypt in the Egyptian Stock Exchange (EGX) in 2023, up from the current 30 percent, the company said in a disclosure sent to the EGX on Tuesday.
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Business
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Tech
8/22/2022 6:00:19 PM
Telecom Egypt signed on Sunday a strategic collaboration agreement with Orange Jordan to create a new, high quality, international terrestrial connectivity system that connects Baghdad to Europe through Jordan and Egypt in order to meet growing demand for communication services in the Iraqi market.
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Business
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Tech
3/29/2022 9:58:42 AM
Telecom Egypt (TE) and the European Investment Bank (EIB) — the lending arm of the European Union (EU) — inked an agreement on Sunday to secure a medium-term loan of €150 million to expand TE's 4G broadband network.
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Business
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Tech
2/10/2022 1:52:49 PM
Egypt and Greece signed a memorandum of understanding (MoU) between Telecom Egypt and Grid Telecom to connect the two Mediterranean countries through submarine cable systems, a statement by the Egyptian Ministry of Communication and Information Technology read on Thursday.
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Business
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Markets & Companies
11/10/2021 2:59:37 PM
Vodafone Group accepted on Wednesday an offer submitted by its South African Subsidiary Vodacom to acquire the group’s stake in Vodafone Egypt, comprising 55 percent of the company, the group announced.
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Business
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Economy
6/8/2021 1:38:10 PM
According to the agreement, Vodafone Egypt will pay a one-time dividend of EGP 10 billion to its shareholders during the 2021 calendar year, EGP 2 billion of which was paid in March
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Business
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Economy
3/3/2021 6:59:57 PM
The HARP system will connect Africa’s East and West bounds to Europe, from South Africa to Italy and France along the continent’s East Coast, and to Portugal along its West Coast
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