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Press Releases

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Q2 2019 Results:Revenue growth continues coupled with implementation of successful cost initiatives

08 August 2019
Telecom Egypt today announces its Q2 2019 results ending 31 June 2019

Telecom Egypt and Cable Network Egypt (CNE) sign a strategic partnership to enable WE IPTV services

22 July 2019
Telecom Egypt, the first fully integrated telecom operator in Egypt, signed a strategic partnership agreement today with Cable Network Egypt (CNE) to provide Telecom Egypt’s customers with Internet Protocol television services (IPTV) in collaboration with various content providers.

Telecom Egypt and Etisalat Misr sign four agreements to provide virtual fixed voice and bitstream services

14 July 2019
Given the successful partnership between the two companies, Telecom Egypt and Etisalat Misr signed four agreements to maximize their customers’ interest and provide them with the best services available in the Egyptian market.

Telecom Egypt and Banque Misr announce partnership to launch WE mobile wallet

04 July 2019
Telecom Egypt and Banque Misr signed an agreement today in preparation of the launch of WE mobile wallet. The service is designed to enable customers to safely and securely send, receive and store money using a smartphone application.

Telecom Egypt announces a new shift in its fixed broadband offering and network

01 July 2019
Telecom Egypt announces a new shift in its fixed broadband offering in line with its large project to develop its network capabilities and improve the quality of internet services in Egypt. As a result of the completion of the first phase of the project in June 2019

Telecom Egypt and Juniper Networks Partner to Enable Digital Transformation for Egypt’s Enterprises

19 June 2019
Telecom Egypt (EGX: ETEL), Egypt’s first integrated telecom operator, and Juniper Networks, (NYSE: JNPR) a leader in secure, AI-driven networks, signed a Memorandum of Understanding (MoU) this week in Cairo further cementing Juniper’s position as a strategic technology provider for Telecom Egypt

Telecom Egypt wins the EMEA Finance ‘best structured finance deal in North Africa’ award

14 June 2019
The Europe, Middle East and Africa Finance magazine (EMEA Finance) announced Telecom Egypt as the winner of the ‘best structured finance deal in North Africa’ in the magazine’s 11th refinancing, repricing and restructuring 2018 awards

Q1 2019 results: Starting the year with a robust performance

14 May 2019
Telecom Egypt today announces its Q1 2019 results ending 31 March 2019.

Telecom Egypt signs LoI offering PEACE redundancy in exchange for competitive pricing on fibre optic cables

27 April 2019
Telecom Egypt signed a binding letter of intent (LoI) with Pakistan & East Africa Connecting Europe (PEACE) Cable International Network Co. and its affiliate HENGTONG OPTIC-ELECTRIC, the Chinese technology and industrial giant, enriching the partnership between PEACE and Telecom Egypt further and extending it to other service lines.

Telecom Egypt signs landing party agreement for PEACE cable system

27 April 2019
Telecom Egypt announces that it has signed a landing party agreement with Pakistan & East Africa Connecting Europe (PEACE) Cable International Network Co. and PCCW Global, the international operating division of HKT, Hong Kong’s premier telecom service provider. PEACE is a 12,000 km long cable system with landings in Pakistan, Djibouti, Egypt, Kenya and France that provides open, flexible and carrier-neutral services for its customers.

Telecom Egypt’s BOD appointed for the next term of three years

27 March 2019
Telecom Egypt’s Ordinary General Assembly held today appointed its board of directors for a new term of three years.

Reactivation of the voluntary early retirement program

24 March 2019
Telecom Egypt announces that its Board of Directors approved in its meeting today to proceed with a voluntary early retirement program to its employees. The program is one of the largest cost saving initiatives proposed by the management targeting 2000 employees in 2019.

Telecom Egypt publishes its Integrated Annual Report for 2018

21 March 2019
Resuming an important practice to come closer to its goal of providing timely, accurate and comprehensive disclosure Telecom Egypt has published an all encompassing report about its operations in 2018 and its strategic directions. The report includes six main sections including a strategic review, governance, CSR and financial sections.

Microsoft collaborates with Telecom Egypt to announce its first cloud network in Egypt

27 February 2019
During MWC Barcelona 2019, Microsoft Corp. and Telecom Egypt announced their collaboration to extend Microsoft’s cloud network to Egypt. Telecom Egypt will provide low-latency connectivity into and across Egypt to help enhance performance and increase reliability for customers of Microsoft services.

Telecom Egypt and Nokia sign MoU to introduce 5G network and test use cases

27 February 2019
Telecom Egypt and Nokia sign Memorandum of Understanding to introduce 5G network and test use cases. Under this MoU, collaboration between the two sides will focus on 5G deployment as well as the evaluation of appropriate use cases of the 5G technology in the Egyptian market.

Telecom Egypt and Nokia to build cloud infrastructure for IoT rollout in Egypt

27 February 2019
Telecom Egypt and Nokia announced they will build the first cloud infrastructure in Egypt exclusively for Internet of Things (IoT) services. Telecom Egypt will use Nokia’s Worldwide IoT Network Grid (WING) as a Service as the platform from which to launch IoT services for the enterprise segment later this year.

Telecom Egypt Collaborates with Cisco to bring the benefits of Cloud Native to Fixed Broadband Network

25 February 2019
Telecom Egypt and Cisco are collaborating to enable Egypt’s first integrated telecom operator to serve virtual network functions (VNFs) in a full-stack telco cloud environment and further its network modernization plans.

Telecom Egypt and Ericsson go live with 5G Cloud Core Network

25 February 2019
Telecom Egypt and Ericsson (NASDAQ: ERIC) announce the upgrade of Telecom Egypt’s Cloud Core Network to be 5G ready. Telecom Egypt had gone live in September 2017 with Ericsson virtual Evolved Packet Core deployed on Ericsson’s proven Network Functions Virtualization infrastructure (NFVI).

Telecom Egypt and Ericsson apply Artificial Intelligence to operate telco cloud

25 February 2019
Telecom Egypt and Ericsson (NASDAQ: ERIC) completed the successful deployment of Artificial Intelligence (AI) to its full-stack telco cloud infrastructure. The objective is to operate telco cloud environment intelligently and efficiently to enable cloud Automation and orchestration.

Telecom Egypt and Huawei North Africa sign MoU to provide public cloud services

25 February 2019
Telecom Egypt and Huawei North Africa announce the signing of a MoU that sets the ground for a strategic partnership to provide public cloud services in Egypt and the surrounding region.

Full Year 2018 results beat our full year guidance

21 February 2019
Telecom Egypt announces its FY 2018 results ending 31 December 2018.

Telecom Egypt and Vodafone Egypt reach agreements on transmission, infrastructure services and dividend distribution

18 February 2019
Telecom Egypt (TE) and Vodafone Egypt announce the signing of two ten-year transmission and infrastructure agreements with a total value of EGP 10.85bn. The transmission agreement covers Vodafone Egypt’s current and future requirements for domestic transmission services for both fixed and mobile, and the infrastructure agreement represents a new cooperation between the two companies

Telecom Egypt signs agreement with Orange Data to provide high-speed bitstream services

12 February 2019
Telecom Egypt and Orange Data announce the signing of a new agreement on bitstream access services enabling Orange Data as the first operator to sign this agreement to provide its customers with higher speed internet services.

Telecom Egypt announces a change in its BoD

31 January 2019
The government of Egypt, being Telecom Egypt’s major shareholder with an ownership of 80%, has announced changing some of its representatives in Telecom Egypt’s Board of Directors by a decree from the Egyptian Prime Minister with immediate effect and for the remaining period of Board of Directors. The Board of Directors held a meeting today and appointed Eng. Adel Hamed as the new Managing Director and Chief Executive Officer.