Telecom Egypt is scheduled to announce its audited financial results for the year ending December 31, 2024, on Thursday, February 27, 2025, before the start of trading. The results will be disclosed on both the Egyptian Stock Exchange (EGX) and the London Stock Exchange (LSE).
The financial report, prepared in accordance with Egyptian Accounting Standards (EAS), will provide investors with a comprehensive overview of the company’s performance in 2024. Telecom Egypt, with more than 160 years of operations, is a dominant force in the Egyptian telecom market, offering a wide range of services including fixed and mobile voice and data services.
Additionally, Telecom Egypt owns a 45% stake in Vodafone Egypt, one of the leading and most profitable mobile operators in the country. The company’s diversified portfolio and strategic investments have reinforced its position as a key player in the Egyptian telecommunications sector.
Telecom Egypt’s shares and Global Depositary Receipts (GDRs) are publicly traded on both the EGX and LSE, allowing global investors to participate in the growing Egyptian telecom market. The announcement of these results is a significant event for shareholders and potential investors, providing valuable data for assessing the company’s financial health and market position.
The announcement highlights Telecom Egypt’s commitment to transparency and investor relations, ensuring that stakeholders are well-informed about its business performance and future prospects.
