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subsidiaries and investments

Telecom Egypt has established a variety of solid subsidiaries and investments in the telecommunications and IT areas that have strengthened its leading position in the Egyptian and regional market.

TE Data

TE France

Xceed Centra
Ownership : 99.999994% Ownership : 100% Ownership : 97.66% Ownership : 58.76% Ownership : 99.95%

MERC Technology Development Fund VODAFONE CE Egypt Trust
Ownership : 49.00% Ownership : 46.15% Ownership : 44.95% Ownership : 35.71%

Ideavelopers CITC ACCM
Ownership : 18.75%   Ownership : 10.00% Ownership : 10.00%
  Arab Sat Thuraya  
  Ownership : 1.590% Ownership : 0.4970%  

Summery of Operations Milestones Comany FactSheet Corporate Social Responsability Investment Subsadries
MERC Middle East Radio Communication (MERC) is a joint stock company, established in year 2001 under law no.8 for year 1997. MERC is a leading company in the field of building, operating, and managing wireless communications stations. MERC has got a license from National Telecom Regulatory Authority (NTRA). Moreover, MERC produces designs and operates various types of programs and computer system; in addition to developing software, operating systems and integrated systems, data entry on computers using electronic methods, establishing database and electronic information system, and producing electronic contents in different forms such as voice, image and data.
VODAFONE Vodafone Egypt, part of UK's Vodafone Group, is a leading mobile network operator in Egypt, formerly known as Click GSM. In September 2008, Telecom Egypt bought around 370,000 shares of Vodafone Egypt bringing up its shareholding stake from 44.79% to 44.95% in Vodafone Egypt.
Technology Development Fund The fund, a pioneer in IT venture capital financing in Egypt and the MENA region has successfully helped turn a number of forward-thinking entrepreneurial projects into thriving companies. The list of its promising companies includes: TimeLine, Ostez, OpenCraft, and Diagnosoft.
Ideavelopers Ideavelopers manages and advises technology-driven funds including; The Technology Development Fund I & II, Middle East Technology Fund (METF), Jordan Technology Fund (JTF), and Technology investments of the Commercial Intl Investment Co (CIIC) worth in excess of $113 million of invested capital. And, since 2001, Ideavelopers has participated in the funding of some 40 technology-driven companies on behalf of its investment partnerships. Ideavelopers provides quality venture development services; include offering early stage, high growth companies access to business development services, such as strategic marketing research, financial advisory services, and management consulting services.
CE Egypt Trust Egypt Trust ET (Egyptian Co. For Digital Signature & Information Security SAE) has been established in Egypt since 2006. It is based on the establishment of the Information Technology Industry Development Agency (ITIDA) which sets the main basics for data security, protection and validation of digital signatures.
Nokia Siemens Networks Nokia Siemens Networks is the leading telecommunications solutions provider in the Middle East and Africa region, which is one of the most strategically important markets for our fixed and mobile businesses.
CITC CITC was founded back in Egypt in November 2000 to provide technical support for one of the largest projects in Egypt "National ID System". CITC brings up a totally fresh and innovative approach to offering integrated solutions to the Egyptian community.
QuickTel The Egyptian Telephone Company also known as QuickTel, was established in the early sixties originally manufacturing public switches and telephone sets.
Arab Sat Arab Sat is an Inter-Governmental Organization ("IGO") founded by the Arab League in 1976. Under the authority of its General Assembly, it is governed by the Board of Directors supervising a Management Committee. Arab Sat has been serving the growing needs of the Arab world for over 30 years. Now one of the world’s top satellite operators, and by far the leading satellite services provider in the Arab world, it carries 340 TV channels and 160 Radio stations, reaching tens of millions of homes in over 100 countries across the Middle East, Africa and Europe, including an audience of more than 164 million viewers within the 21 Arab countries.
Thuraya Thuraya is a regional satellite phone provider. Its coverage area is Egypt, most of Europe, the Middle East, North, Central and East Africa, Asia and Australia. Thuraya offers cost-effective satellite-based mobile telephone services to nearly one third of the globe. Through its dynamic dual-mode satellite handsets and products, Thuraya enhances freedom of movement and connectivity.
TE France SAS was established in September 2008 as a subsidiary of Telecom Egypt. Since Q4 2008, TE France has been a licensed operator to land TE’s 100% owned submarine cable system under the name of TEN (TE North) in Marseille and provides networks and telecommunications services in France. TE France is expanding Telecom Egypt’s current resilient international infrastructure to better serve Middle East, EurAsia, EurAfrica & Mediterranean Basin telecommunications providers with evolving demand for communication services.
TE Data TE Data is Egypt's largest Internet and Data Transfer service provider. The company was established in late 2001 by Telecom Egypt. The company is the internet service provider market leader in Egypt with over 60% market share. TE Data also owns operations in Jordan and has ambitious plans in other parts of the MENA region. TE Data’s portfolio includes narrowband & broadband internet access services, managed dedicated internet access services, IP VPN connectivity services, prepaid calling cards and global connectivity services. TE Data’s portfolio of services covers the communications needed of all; whether consumers, small and medium enterprises, large corporations, and internet services providers. TE Data service’s purpose is to cater for everybody’s needs online.
Xceed Xceed is a global provider of quality, multi-lingual Business Process Outsourcing (BPO) services. Xceed offers integrated customer care, technical support and associated back-office processing to commercial and governmental clients worldwide. Xceed was established in 2001 to serve as the IT arm of Telecom Egypt with a client base of more than 11 million subscribers. Since then, Xceed has developed into a global provider of BPO services, with multi-sites at multiple locations. Xceed serves as one of the largest contact centers in the Southern Mediterranean Region. Xceed currently has 4 sites within Egypt with its head quarters located in Cairo’s technology park, The Smart Village. Xceed has an additional contact center, geographically and culturally proximate to Europe, at Morocco's technology park, “CasaNearshore Park”. This site boasts a large, qualified Francophone talent pool.
Centra Centra Technology is a shareholding company established in 2002 under Investment law no. 159 for the year 1981 and its amendments. Its core business is to provide complete IT solutions and produce different models of a local brand platform of PCs, Servers and Notebooks of international quality, also supported by the best after sale services through a network of authorized and certified service centers providing the latest methodologies for customer satisfaction as the hotline service.
TEInvestment TE Investment Holding was established by Telecom Egypt (te) in 2009 to identify and promote suitable investment opportunities, both local and overseas, which deliver a targeted return to te’s own investors. By selecting companies that are involved in associated industries to te and its subsidiaries, te aims to be operationally active where value can be created.
ACCM ACCM is a well funded private electronics design and manufacturing enterprise headquartered in Cairo, Egypt. ACCM started in 2003 through investments by Al Khorafy Group (very large investment fund), Telecom Egypt, and others for the purpose of developing and manufacturing computer, communications and consumer electronics products for the Egyptian and neighboring markets. ACCM has established a strong R&D group to develop Electronics products for the targeted markets plus an ISO9002 certified electronics manufacturing and test factory.