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Press Releases

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2Africa Extended to the Arabian Gulf, India, and Pakistan

28 September 2021
The 2Africa consortium, comprised of China Mobile International, Facebook, MTN GlobalConnect, Orange, stc, Telecom Egypt, Vodafone and WIOCC, announced today the addition of a new segment - the 2Africa PEARLS branch - extending to the Arabian Gulf, India, and Pakistan.

New branches for the 2Africa subsea cable system

16 August 2021
The 2Africa consortium, comprised of China Mobile International, Facebook, MTN GlobalConnect, Orange, stc, Telecom Egypt, Vodafone and WIOCC, announced today the addition of four new branches to the 2Africa cable

Q2 2021 results: Operating cash flow doubles on strong fundamentals

10 August 2021
Telecom Egypt today announces its Q2 2021 results for the period ending 30 June 2021

Telecom Egypt launches VoLTE service in Egypt through its 4G network

29 July 2021
Telecom Egypt launches voice over LTE (VoLTE) service in Egypt through its 4G network in cooperation with key technology players and handsets providers like Ericsson, Nokia and Huawei.

Telecom Egypt and Vodafone Group sign a modified shareholders’ agreement

07 June 2021
Telecom Egypt (“TE”) and Vodafone Group (“Vodafone Group”) signed today a modified Shareholders’ Agreement. The agreement includes changes to Vodafone Egypt’s (“VFE”) dividend policy

Q1 2021 results: Continued top line growth filters through to strong net profit

11 May 2021
Telecom Egypt today announces its Q1 2021 results for the period ending 31 March 2021.

Telecom Egypt raises its proposed dividend for FY 2020 in light of Vodafone Egypt’s dividend distribution

22 March 2021
In its OGM held on March 18, 2021, Vodafone Egypt approved a dividend of EGP 2bn, of which Telecom Egypt’s share amounts to cEGP 0.9bn. Accordingly, Telecom Egypt’s BoD has proposed raising its dividend for FY 2020 to EGP 0.75 per share instead of EGP 0.50 per share

Telecom Egypt plans launching HARP, a new subsea system circling the African continent

03 March 2021
Telecom Egypt, Egypt’s first integrated telecom operator and one of the largest subsea cable operators in the region, announces its plans to launch Hybrid African Ring Path (HARP) by 2023, a new subsea system that will outline the African continent, forming the shape of a harp. It will connect coastal and landlocked African countries to Europe through the company’s widespread terrestrial and subsea infrastructure.

Full year 2020 results: the highest revenue and growth in the Egyptian telecom market

24 February 2021
Telecom Egypt today announces its FY 2020 results ending 31 December 2020.

Telecom Egypt wins the award for the fastest fixed network in North Africa by Ookla®

28 January 2021
Telecom Egypt’s (WE) fixed network was deservedly named the fastest fixed network in North Africa for the third and fourth quarters of 2020

Telecom Egypt and the Ministry of Social Solidarity sign an agreement to support Takaful & Karama

13 January 2021
Telecom Egypt and the Ministry of Social Solidarity signed an agreement today to provide telecommunications services to the Ministry and the beneficiaries of social protection programs, namely the "Takaful and Karama" program.

Telecom Egypt provides Google with a TransEgypt meshed solution and Mediterranean capacity to Europe

04 January 2021
Telecom Egypt, Egypt’s first integrated telecom operator and one of the largest subsea cables operators in the region, signed an agreement with Google to provide Google with the first of its kind layer three meshed solution