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32QX - Telecom Egypt Co SAE News Story

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Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £1.34bn
Position in Universe th / 1807

Telecom Egypt S.A.E - TE IR adapting the"WE" by launching new portal

Mon 22nd January, 2018 7:00am
RNS Number : 4612C
Telecom Egypt S.A.E
22 January 2018

Investor Relations adapting the "WE" approach

by launching a new portal

Monday, 22 January 2018

Telecom Egypt (Ticker: ETEL.CA; TEEG.LN) announces today the revamping of the Investor Relation website.

The aim of new Investor Relations Portal today is to offer a new experience to the investor and analyst community that matches our new brand values of being closer to our customers. Our new brand "WE" launched in September with the debut of mobile services puts our customers first across all platforms and services.

The analyst and investor community, as the investor relations customers, is today presented with a new portal solely designed to deliver all information needed in a timely, seamless and easy to access format. Investors can now keep track of Telecom Egypt's results and news in addition to building their own models quickly with the help of our new factbooks. In addition, the portal is also responsive and adapts to be viewed from any device, in line with our new focus to revolutionize and own the data platform.

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About Telecom Egypt

Telecom Egypt (te), Egypt's incumbent telecom operator, started its operations in 1854 with the first telegraph line in Egypt. te was corporatized in 1998 to replace the former Arab Republic of Egypt National Telecommunication Organization (ARENTO). 2017 marks a new milestone for the company as it transforms into a fully integrated telecom operator through the long awaited launch of mobile services on 19 September 2017.

te provides consumer and enterprise telecom services including fixed plus mobile voice and data services and has been able to gain 1m customers in its first month of mobile launch. te also maintains its market leadership position in the fixed broadband market with a market share of 78%. The company also provides wholesale services including bandwidth capacity leasing to ISPs, and national and international interconnection services.

Aside from its own mobile operations, the company owns a 45% stake in Vodafone Egypt, the leading and most profitable mobile operator in Egypt.

te's shares and GDRs (Ticker: ETEL.CA; TEEG.LN) are traded on The Egyptian Exchange and the London Stock Exchange.

For more information, contact:

The investor relations team


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