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Press Releases

2026 Guidance: Strengthened Financial Outlook with a Guided and Focused Investment Strategy

11 December 2025
Telecom Egypt’s Board of Directors has approved the 2026 budget with KPI guidance as follows:

 • Revenue growth percentage expected in the high single digit
 • EBITDA margin projected in the low forties
 • In-service CapEx-to-sales ratio anticipated in the low twenties
 • Positive FCFF-to-EBITDA ratio estimated in the mid-thirties

Tamer El Mahdi, Managing Director and Chief Executive Officer, commented:

"As we enter 2026, we do so with confidence and renewed determination. Telecom Egypt is well positioned to build on the resilience and progress achieved over the past year. The national and regional outlook remains encouraging, supported by ongoing macroeconomic stability, structural reforms, and stronger business performance across key sectors. These conditions create an environment of growing confidence and opportunity—providing a solid foundation for Telecom Egypt’s 2026 guidance and growth strategy.

Our strategic focus this year is on translating growth into stronger financial results. Our efforts to strengthen profitability on improving performance across core operations and capturing new growth opportunities, thereby enhancing our liquidity and reinforcing our financial position.

We are also refining our capital investment approach—prioritizing projects that deliver high returns, strengthen our network infrastructure, and elevate service quality, while maintaining sound cash generation. This measured strategy ensures that our investments continue to support both operational performance and long-term sustainability.

Looking ahead, our focus remains on operational excellence and strategic execution. By leveraging our asset base, digital capabilities, and diverse services, we intend to create enduring value for our shareholders and contribute to the country’s broader development goals.”