IT-Telecom News
-
Egypt’s non-profit ICT entity Eitesal expects $1.5mln business volume in 2020
Recent period saw the organization put in place strategic cooperation with the Information Technology Industry Development Agency.
-
Egypt’s service e-bills grow by 223% since 2019
10 phases of the electronic payment and collecting system have been carried out starting May 2019.
-
TE considers Vodafone Egypt acquisition as banks willing to finance deal
The TE's move follows the recent hiccup in the Saudi Telecom Company's attempted acquisition of Vodafone International Group's 55% stake in Vodafone.
-
TE, Vodafone submit financial offers for new frequencies
Orange and Etisalat have refrained from the bidding process.
-
Samsung smartphones are number 1 in Egypt
The Korean giant came on top of all smartphone brands sale in Egypt with almost a quarter of the market share in Q2 of 2020.
-
Vodafone Egypt franchises some stores, but keeps main branches
Vodafone Egypt has begun transferring the management of a number of its stores to its agents.
-
Egypt increases stamp duty on mobile users starting July
Unlike prepaid customers, the tax will be paid by monthly billing customers once a year.
-
Egypt setting up e-commerce platforms targeting Africa
The aim is to boost trade exchange with countries that have trade agreements with Egypt, especially in Africa.
-
Saudi Telecom Extends Vodafone Egypt Stake Purchase for Second Time
STC needs another two months to complete the purchase of Vodafone Group's 55% stake in Vodafone Egypt.
-
Egypt imposes new fee on imported mobile phones
Egypt’s National Telecommunications Regulations Authority (NTRA) has imposed an extra charge on all imported mobile phones, starting from Wednesday.
-
Confusion prevails regarding new electronic tax
Playstations can be taxed up to 60% while selfie sticks and cameras are subject to 20% tax; all this is in addition to a 14% VAT.
-
Egypt private sector increases spending on digital marketing due to COVID-19
It is projected that digital marketing will be the lifeline to stave off global economic on the back of the pandemic.
-
Egypt’s ITIDA launches initiative to teach young people tech skills
The initiative provides an 18-month free online scholarship to 100,000 Egyptians in a move to help them master the latest tech fields and skills.
-
Vodafone Egypt adds 1.1 million new customers in FY, ARPU improves
Vodafone Egypt reported service revenues of EUR 369 million for the three months to March.
-
Vodafone Egypt reports revenues of EGP 26.4bn in FY 2019/2020
According to Vodafone Group's results, the Egyptian unit recorded profits worth $666m before interest and taxes during FY 2019/2020.
-
TPAY Mobile and Vodafone Egypt launch DCB for Google Play
Vodafone subscribers can make purchases from Google Play and charge the payments to their mobile bill or deduct them from their airtime balance.
-
Saudi Telecom Extends MoU To Acquire Stake In Vodafone Egypt
The MOU has been extended for 90 days.
-
STC suspends Vodafone Egypt finance talks
Saudi operator STC paused talks with banks regarding a $2 billion financial package to cover an acquisition of Vodafone Group’s Egyptian business.
-
Egypt EFG Hermes-Citibank to advise TE on Vodafone stake sale option
Telecom Egypt is very well positioned to ensure that its shareholders gain the maximum benefit out of the opportunities that are currently presented.
-
Top 5 Digital trends in Egypt 2020
54 million Egyptians are online and 42 million are on social media, according to Digital 2020 report by We are social and Hootsuite.