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Telecom Egypt Co SAE (ETEL.CA)

ETEL.CA on The Egyptian Exchange

12.20EGP
25 Oct 2020
Change (% chg)

£0.18 (+1.50%)
Prev Close
£12.02
Open
£12.06
Day's High
£12.40
Day's Low
£11.93
Volume
1,330,905
Avg. Vol
1,444,133
52-wk High
£14.92
52-wk Low
£7.40

Latest Key Developments (Source: Significant Developments)

Telecom Egypt Q2 Profit Rises
Thursday, 13 Aug 2020 

Aug 13 (Reuters) - TELECOM EGYPT ::Q2 NET PROFIT EGP 746 MILLION VERSUS EGP 512 MILLION YEAR AGO.Q2 REVENUE EGP 7.94 BILLION VERSUS EGP 6.61 BILLION YEAR AGO.CUSTOMER BASE CONTINUED TO GROW YOY WITH A 20% YOY INCREASE IN FIXED VOICE, 9% YOY IN FIXED BROADBAND, AND A 58% YOY INCREASE IN MOBILE CUSTOMERS, THE LATTER REACHING 6.7MN SUBSCRIBERS.  Full Article

Telecom Egypt Q1 Consol Profit Falls
Thursday, 11 Jun 2020 

June 11 (Reuters) - TELECOM EGYPT CO ::Q1 CONSOL NET PROFIT AFTER TAX EGP 1.31 BILLION VERSUS EGP 1.62 BILLION YEAR AGO.Q1 CONSOL REVENUE EGP 7 BILLION VERSUS EGP 6.09 BILLION YEAR AGO.Q1 CUSTOMER BASE GREW ACROSS BOARD WITH FIXED VOICE INCREASING BY 18% YOY, FIXED DATA CUSTOMERS BY 7% YOY, AND MOBILE CUSTOMERS BY 46% YOY.Q1 IN-SERVICE CAPEX INTENSITY RECORDED 11%.  Full Article

Egyptian Exchange Says 1.2 Mln Shares Of Telecom Egypt Block Traded
Tuesday, 31 Mar 2020 

March 31 (Reuters) - EGYPTIAN EXCHANGE::SAYS 1.2 MILLION SHARES OF TELECOM EGYPT BLOCK TRADED.SAYS BLOCK TRADING ON TELECOM EGYPT SHARES FOR TOTAL VALUE OF EGP 12.6 MILLION.  Full Article

Telecom Egypt Posts Q4 Consol Profit
Thursday, 20 Feb 2020 

Feb 20 (Reuters) - TELECOM EGYPT CO ::Q4 CONSOL NET PROFIT AFTER TAX EGP 1.18 BILLION VERSUS LOSS OF EGP 209 MILLION YEAR AGO.Q4 CONSOL REVENUE EGP 6.79 BILLION VERSUS EGP 5.41 BILLION YEAR AGO.MANAGEMENT PROPOSED A DIVIDEND OF EGP 0.25 PER SHARE FOR FY 2019.FY IN-SERVICE CAPEX INTENSITY EXCEEDED OUR GUIDANCE REACHING 49%.FY IN-SERVICE CAPEX INTENSITY EXCEEDED IN LIGHT OF EXPEDITED PLAN TO COMPLETE COPPER-TO-FIBRE REPLACEMENT PROGRAM IN 2 YEARS RATHER THAN 4.BOARD APPROVES HIRING EFG HERMES, CITI BANK AS INVESTMENT ADVISORS FOR POTENTIAL TRANSACTION BETWEEN VODAFONE GROUP AND SAUDI TELECOM.BOARD APPROVES HIRING AL TAMIMI & CO AS LEGAL ADVISOR FOR POTENTIAL TRANSACTION.  Full Article

Telecom Egypt Q3 Net Profit Falls
Thursday, 14 Nov 2019 

Nov 14 (Reuters) - TELECOM EGYPT CO SAE ::Q3 CONSOL NET PROFIT AFTER TAX EGP 1.09 BILLION VERSUS EGP 1.45 BILLION YEAR AGO.Q3 CONSOL OPERATING REVENUE EGP 6.32 BILLION VERSUS EGP 7.23 BILLION YEAR AGO.  Full Article

Telecom Egypt, Juniper Networks Partner To Provide Networking Solutions To Enterprises
Wednesday, 19 Jun 2019 

June 19 (Reuters) - TELECOM EGYPT CO ::TELECOM EGYPT AND JUNIPER NETWORKS PARTNER TO ENABLE DIGITAL TRANSFORMATION FOR EGYPT’S ENTERPRISES.WILL ALSO HAVE OPTION TO BECOME AN AUTHORIZED RESALE PARTNER OF JUNIPER’S TECHNOLOGY SOLUTIONS IN EGYPT.  Full Article

Telecom Egypt Says Launching Of Real Estate Company Is Still Proposal Under Study
Wednesday, 22 May 2019 

May 22 (Reuters) - TELECOM EGYPT CO ::COMMENTS ON LAUNCHING A REAL ESTATE COMPANY, SAYS THE SUBJECT IS STILL A PROPOSAL UNDER STUDY, NO DECISION TAKEN YET.  Full Article

Telecom Egypt Q1 Profit Rises
Monday, 13 May 2019 

May 14 (Reuters) - TELECOM EGYPT CO ::Q1 NET PROFIT DOUBLED YOY,LANDING AT EGP 1.6 BILLION.Q1 NET PROFIT AFTER TAX 1.62 BILLION VERSUS EGP 774 MILLION YEAR AGO.Q1 REVENUE EGP 6.09 BILLION VERSUS EGP 4.78 BILLION YEAR AGO.  Full Article

Telecom Egypt Q4 Loss Narrows
Thursday, 21 Feb 2019 

Feb 21 (Reuters) - TELECOM EGYPT ::Q4 CONSOLIDATED NET LOSS AFTER TAX EGP 22 MILLION VERSUS LOSS OF EGP 431 MILLION YEAR AGO.Q4 CONSOLIDATED REVENUE EGP 5.41 BILLION VERSUS EGP 5.44 BILLION YEAR AGO.FY CONSOLIDATED NET PROFIT ATTRIBUTABLE TO SHAREHOLDERS EGP 3.48 MILLION VERSUS EGP 3.05 MILLION YEAR AGO.BOARD PROPOSES DIVIDEND OF EGP 0.25 PER SHARE FOR YEAR 2018.AS OF YEAR-END 3.9 MILLION MOBILE SUBSCRIBERS.  Full Article

Telecom Egypt Q3 Consol Profit Rises
Wednesday, 14 Nov 2018 

Nov 14 (Reuters) - TELECOM EGYPT CO ::Q3 CONSOL NET PROFIT ATTRIBUTABLE TO SHAREHOLDERS EGP 1.45 BILLION VERSUS EGP 963 MILLION YEAR AGO.Q3 CONSOL OPERATING REVENUES EGP 7.23 BILLION VERSUS EGP 4.39 BILLION YEAR AGO.  Full Article