Telecom Egypt operates in the Telephone communications, exc. radio sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Telecom Egypt with three other
telecommunications providers in Middle East:
Etihad Atheeb Telecom Company
of Saudi Arabia
sales of 343.03 million Saudi Riyals [US$91.48 million]
of which 54%
(32.50 billion Qatari Riyals [US$8.93 billion]
of which 25%
was NMTC), and
Magicjack Vocaltec Limited
based in Israel
(372.46 million Israel Shekels [US$102.49 million]
of which 91%
Telecom Egypt reported sales of 14.13 billion Egyptian Pounds (US$778.73 million)
December of 2016.
increase of 16.0%
versus 2015, when the company's sales were 12.18 billion Egyptian Pounds.
Sales at Telecom Egypt have increased during each of the previous five years
(and since 2011, sales have increased a total of 43%).
Sales of International Cables and Networks saw an increase
that was more than double the company's growth rate: sales were up
39.5% in 2016, from
807.20 million Egyptian Pounds to 1.13 billion Egyptian Pounds.
Telecom Egypt also saw significant increases in sales in
Enterprise (up 25.7% to 2.40 billion Egyptian Pounds)