Press Releases
Telecom Egypt Announces Africa- 1 Subsea Cable System Landing in Egypt
06 November 2024
Telecom Egypt, the total telecom operator in Egypt and one of the largest subsea cables operators in the region, and Alcatel Submarine Networks (ASN) have announced the successful landing of the Africa-1 subsea cable system in Egypt at the Ras Ghareb cable landing station on the Red Sea.
Mobily Partners with Telecom Egypt to Land the First Saudi Submarine Cable Linking Saudi Arabia and Egypt through the Red Sea
04 November 2024
Mobily, a leading Technology, Media, and Telecom (TMT) company in the Kingdom of Saudi Arabia, and Telecom Egypt, the total telecom operator in Egypt and one of the largest subsea cables operators in the region, have signed a cooperation agreement to land the first Saudi submarine cable linking Saudi Arabia and Egypt.
Telecom Egypt Refinances Short-Term Facilities Through an EGP 18bn Syndicate Loan from 13 Banks
28 October 2024
Telecom Egypt is pleased to announce the successful signing of an EGP 18bn syndicated loan facility, a crucial step in rebalancing the company’s cash flow and enhancing its financial flexibility.
Q2 2024 Results: Telecom Egypt Rises above Macroeconomic Headwinds with Strong Results for H1 2024
14 August 2024
Telecom Egypt (Ticker: ETEL.CA; TEEG.LN) today announced its audited financial results, according to the Egyptian Accounting Standards (EAS), for the period ending 30 June 2024.
Telecom Egypt Selects Mada Communications as its Preferred Partner for International SMS Services
07 August 2024
Telecom Egypt, Egypt’s market-leading telecom operator, announces that it has signed a multi-year agreement with Mada Communications (Mada®), a leading telecoms solutions provider, to be its preferred strategic international SMS service provider.
Telecom Egypt Enhancing Mobile Data Service in Strategic Hot Spots using Nokia 5G Technology
15 July 2024
Telecom Egypt, Egypt’s market-leading telecom operator, today announced a new partnership with Nokia to bring 5G technology to Egypt for the first time. The collaboration aims to revolutionize the country's telecom landscape by introducing the transformative power of 5G to cities such as Alexandria, Giza, Luxor, and Aswan.
Telecom Egypt and 4iG Group to Partner in Modernizing Egypt’s Digital Infrastructure
01 July 2024
Telecom Egypt, Egypt’s market leading telecom operator, and 4iG Group, the leading telecommunications and IT group in Hungary and the Western Balkans, signed a Memorandum of Understanding (MoU) to establish a joint venture to build, operate and commercialize Fiber-To-The-Home (FTTH) and Fiber-To-The-Site (FTTS) fiber access infrastructure on a wholesale basis in Egypt
SubCom and Telecom Egypt Complete IEX Cable Landings in Egypt
05 June 2024
Telecom Egypt, the full-service telecom operator in Egypt and one of the largest subsea cables operators in the region, and SubCom, the global subsea data system supplier, along with the India-Europe-Xpress (IEX) partners, announced the successful completion of IEX Subsea system’s landings in Egypt.
Q1 2024 Results: Strong Growth Momentum Sets the Tone for the Year
30 May 2024
Telecom Egypt (Ticker: ETEL.CA; TEEG.LN) today announced its audited Q1 2024 financial results, according to the Egyptian Accounting Standards (EAS), for the period ending 31 March 2024.
Telecom Egypt to Refinance Short-Term Facilities with new USD 200m Medium-Term Loan Facility From Banque Misr, UAE
22 May 2024
Telecom Egypt, the country’s full-service telecom operator, today signed an agreement to secure a USD 200m medium-term loan from Banque Misr, UAE.
Telecom Egypt Partners with Huawei Cloud to Host Huawei’s First Public Cloud in Egypt and Northern Africa
21 May 2024
In a significant step towards accelerating Egypt's digital transformation strategy, Telecom Egypt, a leading communications and information technology service provider, and Huawei Cloud have successfully joined forces to launch Huawei’s first locally based public cloud platform in Egypt and Northern Africa.
Telecom Egypt and EXA Infrastructure Partner to Promote Intercontinental Traffic via WeConnect
19 March 2024
Today, Telecom Egypt, Egypt’s first integrated telecom operator and one of the largest subsea cable operators in the region, and EXA Infrastructure, a leading European fiber backbone and transatlantic subsea cable infrastructure provider, announced their partnership to reshape East-to-West traffic flows entering the Mediterranean,
FY 2023 Results: "WE" Turns Challenges into Opportunities and Boosts Performance
04 March 2024
Telecom Egypt (Ticker: ETEL.CA; TEEG.LN) today announced its audited financial results, according to the Egyptian Accounting Standards (EAS), for the full year ended 31 December 2023.
ICE IV Project Propels Intra Asia to India, Middle East, and Beyond
07 February 2024
e&, Telecom Egypt, Telin and a major Indian operator have signed a new Memorandum of Understanding (MoU) to form a consortium with the aim to develop the ICE IV Project. This new Data Center (DC) to DC system shall seamlessly connect the Intra Asia region to India and the Middle East on a unique route that will break the mold between these regions.
4iG and Telecom Egypt Sign Terms of Cooperation For The Creation of an Express Subsea Cable Between Albania and Egypt
01 February 2024
4iG Plc info-communications company and Telecom Egypt, Egypt’s first integrated telecom operator and one of the largest subsea cable operators in the region, have reached an agreement on the terms of cooperation for the construction of an express subsea cable between Albania and Egypt.
Telecom Egypt and NaiTel Join Forces to Build a New Subsea Cable “Coral Bridge” Between Egypt and Jordan
25 January 2024
In a ground-breaking move to enhance regional connectivity, Telecom Egypt, has joined forces with NaiTel, Together, they announce the signing of a Joint Build Agreement to construct Coral Bridge.
Telecom Egypt Secures the First 5G License in Egypt
17 January 2024
The National Telecommunications Regulatory Authority (NTRA) has granted Telecom Egypt the country’s first license to install and operate fifth generation (5G) networks for mobile phones