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Vodafone refuses to comment on STC acquisition talks
M&A WATCH- Vodafone won’t comment on STC acquisition talks: A senior Vodafone official yesterday refused to comment on reports that…
Telecom Egypt
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Telecom Egypt
Earnings watch: SODIC, Telecom Egypt, TMG, Amer Group
EARNINGS WATCH- SODIC’s 3Q2019 net profits came in at EGP 168 mn, with a profit margin of 12%, the company…
Etisalat Misr to invest EGP 4.5 bn in Egypt to next year
INVESTMENT WATCH- Etisalat Misr appears to be following through on plans to invest EGP 4.5 bn in Egypt next year,…
Telecom Egypt to have 20 mn homes fiber-optic-supported by 2020
Telecom Egypt is planning to install optical fiber in 20 mn homes by 2020, CFO Mohamed Shamroukh said, according to…
Telecom Egypt could offer an additional stake on the EGX -Talaat
ECM WATCH- The state could look to trim its holdings in telecom operator Telecom Egypt (TE) in a secondary offering…
TE to complete work on gov’t district in NAC by end of 1H2020
State-owned landline monopoly Telecom Egypt (TE) expects to complete telecommunication services for the new administrative capital’s government district by the…
Earnings watch: Sodic, EFG Hermes, MNHD, Telecom Egypt
EARNINGS WATCH- Sodic net income grows 9% y-o-y in 2Q019, revenues double: Sodic recorded a 9% y-o-y increase in net…
Telecom Egypt signs agreements with China’s ZTE and China Telecom
Telecom Egypt (TE) has signed a cooperation agreement with China’s ZTE to establish a training center in Egypt, the Communications…
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