Telecom Egypt (TE)

Telecom Egypt obtains a long-term loan of LE 18 billion
Egypt

Telecom Egypt obtains a long-term loan of LE 18 billion

Telecom Egypt announced that it has obtained a long-term loan worth LE18 billion from a banking alliance of 13 banks,…
Telecom Egypt announces price increase to prepaid landline packages
Egypt

Telecom Egypt announces price increase to prepaid landline packages

Telecom Egypt announced an increase in the prices of prepaid landline packages, which went into force on January 11 –…
Qatar, UAE compete to buy a major company in Egypt
Egypt

Qatar, UAE compete to buy a major company in Egypt

The Emirati holding ADQ entered into negotiations with the Egyptian government to buy a share of the stake of Telecom…
Qatar reportedly buying a stake in Egypt’s largest telecom company
Business

Qatar reportedly buying a stake in Egypt’s largest telecom company

A Bloomberg report revealed that the Qatar Investment Authority is negotiating with the government-owned Telecom Egypt to buy a stake…
Orange to pay Telecom Egypt LE49 mn for “Connecting Israeli Phone Calls”
Egypt

Orange to pay Telecom Egypt LE49 mn for “Connecting Israeli Phone Calls”

The Economic Court in Egypt issued, on Sunday, a provision requiring Orange Egypt (previously named "Mobinil") to pay LE49.1 million…
Orange Egypt signs 4G licence deal worth $484 mln
Business

Orange Egypt signs 4G licence deal worth $484 mln

Orange Egypt signed a licence deal on Thursday, paying $484 million to operate fourth-generation mobile phone services in the country…
Telecom Egypt granted 4G service license
Egypt

Telecom Egypt granted 4G service license

The National Telecommunications Regulatory Authority (NTRA) on Wednesday granted Telecom Egypt a license to install and operate fourth generation networks…
Telecom Egypt board tentatively agrees to buy 4G license
Business

Telecom Egypt board tentatively agrees to buy 4G license

Telecom Egypt, the country's state-owned landline monopoly, said on Sunday its board had given preliminary approval to a plan to…
Telecom Egypt in loan talks to fund 4G licence
Business

Telecom Egypt in loan talks to fund 4G licence

Telecom Egypt, the country's state-owned landline monopoly is in talks with banks regarding a 5 billion Egyptian pound (US$563.07 million)…
Telecom Egypt to receive second tranche of withheld dividends from Vodafone
Business

Telecom Egypt to receive second tranche of withheld dividends from Vodafone

Telecom Egypt will receive a second tranche of withheld dividends from Vodafone Egypt amounting to 750 million Egyptian pounds ($84.46…
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