Telecommunication News
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Egypt to Build a Global Monitoring Station for Tracking Satellites and Space Debris
The construction process has commenced to install the station’s dome, which will house two telescopes.
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Everything you need to know about Telecom Egypt new prepaid plans
Customers who signed in January are already in the new system, while migration of the rest landline customers started in March.
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Qatar Investment Authority wants to fully acquire Telecom Egypt’s stake in Vodafone Egypt via subsidiary
The sources said that the Qatari Sovereign Fund may use one of the specialized subsidiaries to implement the deal.
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Planning Ministry allocates direct investments of LE 83.4B into telecom and IT sector
Te plan is focusing on the telecommunications and information technology sector considering its importance and contribution to Egypt’s economy.
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Minister: Communications, IT sector reached growth rate of 16.3 percent
Talaat said that the ministry’s efforts have contributed to boosting digital exports to reach USD 4.9 billion.
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3 Egyptian teams qualify to final stage of Huawei Global Competition in China
Commenting on this occasion, Jim Liu, CEO of Huawei Egypt, congratulated the three winning teams, wishing them success in the final competitions.
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CI Capital Concludes EGP 3.75bn Follow-on Sale of Telecom Egypt
The secondary offering was priced at EGP 23.11 per share, at Thursday’s 11 May closing market price.
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Vodafone Egypt contributes $418.4 mln to South Africa's Vodacom in 4 months
Vodacom announced that Vodafone Egypt has contributed around $418.47 million to its revenue and profit growth since December.
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Etisalat Egypt by e& and IDT Global launch unlimited calls from Canada and the US to Egypt
Etisalat Egypt by e& and IDT Global, a division of IDT Corporation (NYSE: IDT) have today announced a joint retail voice initiative.
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7 Facts About Telecom Egypt Latest Sale
Egypt just sold 10% of its stake in Telecom Egypt. Here are 7 facts about the deal that you need to know.
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Egypt sells 10% stake in Telecom Egypt for $128.8mln
Large portion of the stake was purchased by local investors, while Arab and foreign investors just acquired a limited number of the offered shares.
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Telecom Egypt might add additional 10% stake on Egyptian Exchange
The government has set the indicative price for the offering at LE 22.25 per share, which represents an offering size of approximately LE 3.8 billion.
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Egypt is said to plan selling further 10% stake in Telecom Egypt
The drive is part of a broader program to revamp Egypt’s economy.
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Telecom Egypt hails final 2Africa cable landing
The cable system is expected to be completed in 2024 and will stretch 45,000km connecting 33 countries through 46 landings
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Bango, TPAY, and Etisalat Egypt launch Direct Carrier Billing with Google
This partnership provides Etisalat customers the ability to pay for in-app purchases and services subscriptions through their mobile number.
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Egypt’s MisrSat-2 Passes Another Milestone
According to the EgSA’s, the initial phase of the testing process has been completed under the supervision of the China National Space Agency.
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Orange Egypt signs a cooperation agreement with Contact
To provide customers with consumer finance services and exclusive installment offers.
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Egypt sets law penalizing disclosing telecommunications customer data
A penalty of imprisonment for a period of no less than three months and a fine of no less than LE5,000 and no more than LE50,000 can apply.
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Raising interest rates negatively affects mobile companies
The mobile companies asked the National Telecommunications Regulatory Authority to raise the prices of mobile services.
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Mohamed Nasr El-Din appointed as new CEO of Telecom Egypt
Nasr El-Din joined the Board of Directors of Telecom Egypt as a non-executive member in July 2020, representing the government.