Huawei has partnered with Telecom Egypt to deploy advanced 5G solutions, including BladeAAU technology and the first 5G Digital Indoor System in Northern Africa. This collaboration aims to optimize Telecom Egypt’s network, enhancing broadband services and supporting Egypt’s digital transformation and economic growth with cutting-edge ICT infrastructure.
Telecom Egypt will release its audited financial results for 2024 on February 27, 2025, before trading begins. The report, prepared in line with Egyptian Accounting Standards, will provide insights into the company’s performance, reinforcing its role as a leading player in Egypt’s telecom sector and its strategic investments in Vodafone Egypt.
Telecom Egypt is enhancing its infrastructure to meet the growing connectivity demands in the Middle East and Egypt. With strategic subsea cable investments, new data centers, and partnerships with global tech providers, Telecom Egypt is positioning Egypt as a regional digital hub to support the rise of AI, cloud, and IoT applications.
Telecom Egypt has activated a Mediterranean subsea link on the 2Africa subsea cable system, in collaboration with Cisco. This high-capacity link connects Port Said, Egypt, to Marseille, France, and addresses the rising demand for cloud and AI services. The project enhances the subsea network’s efficiency and international traffic capacity.
Taheel, in partnership with Telecom Egypt, has launched a training program focused on English proficiency and basic computer skills for persons with disabilities (PwD). The initiative aims to equip 500 participants with skills to help them secure jobs, enhancing their competitiveness and supporting their integration into the workforce.
Telecom Egypt reported a 5.59% YoY decline in consolidated net profit for the first nine months of 2024, totaling EGP 8.637 billion. Operating revenues rose to EGP 58.43 billion. The company’s standalone profit also decreased during the same period, reflecting a challenging year for the telecom operator.
Telecom Egypt and Vodafone Egypt have signed strategic agreements valued at EGP 30 billion to enhance infrastructure and support the launch of 5G services. The partnership aims to expand fibre-optic networks and improve mobile network capabilities, contributing to Egypt’s growing ICT sector and 5G rollout.
Telecom Egypt and Alcatel Submarine Networks have successfully landed the Africa-1 subsea cable at Ras Ghareb, Egypt, boosting connectivity across Africa, the Middle East, and Europe. This 10,000-kilometer, high-capacity system aims to enhance global data capacity and resilience for bandwidth-intensive needs.
Telecom Egypt and Alcatel Submarine Networks have successfully landed the Africa-1 subsea cable system at the Ras Ghareb cable landing station. This initiative, part of a larger project to enhance connectivity across the Middle East and Africa, is expected to boost broadband capabilities and meet growing demand for high-speed communications.
Telecom Egypt has signed a cooperation agreement with Mobily to establish the first submarine cable linking Saudi Arabia and Egypt. This new cable, which will run through the Red Sea, aims to enhance connectivity and facilitate expansion to Europe, improving telecom services for both countries.
