Telecom Egypt

Giza, Egypt Founded: 1854 • Age: 172 yrs
Mobile internet and voice services are provided across Egypt.
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About Telecom Egypt

Telecom Egypt is a company based in Giza (Egypt) founded in 1854.. Telecom Egypt has completed 1 acquisition, including MENA. Telecom Egypt operates in a competitive market with competitors including Jio, MTN, Airtel, KT and Optus, among others.

  • Headquarter Giza, Egypt
  • Stage Public
  • Sectors
    Telecommunications
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Telecom Egypt
Operational Areas
Telecommunications → Telecommunications Infrastructure & Services
Key Metrics
  • Annual Revenue
    $0 (USD)
    44.74
    as on Dec 31, 2024
  • Net Profit
    $0 (USD)
    -18.15
    as on Dec 31, 2024
  • EBITDA
    $0 (USD)
    45.89
    as on Dec 31, 2024
  • Latest Funding Round
    $500 M (USD), Debt – Conventional

    Aug 13, 2018

  • Investors
    BOC

    & 2 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
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IPO & Listings of Telecom Egypt

Telecom Egypt is a publicly listed company on the EGX with ticker symbol ETEL in Egypt, operating in the Communications sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: EGX · Ticker: ETEL . Sector: Communications · Egypt
People of Telecom Egypt
Headcount 5000-10000
Employee Profiles 291
Employee Profiles
People
Ahmed Nabil
Outlets And Logistics Support Senior Specialist
People
Mohamed Ahmed
Store Manager
People
Ahmed Abdel Hakim
Certified Corporate Trainer
People
Mohamed Ebrahem
Learning And Development Specialist

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Funding Insights of Telecom Egypt

  • Total Funding
  • Total Rounds 3
  • Last Round Debt – Conventional — $500.0M
  • First Round

    (01 May 2018)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Aug, 2018 Amount Debt – Conventional - Telecom Egypt Valuation

investors

May, 2018 Amount Debt – Conventional - Telecom Egypt Valuation

investors

May, 2018 Amount Debt – Conventional - Telecom Egypt Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Telecom Egypt

Telecom Egypt has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include BOC, Afreximbank and Sinosure. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
International commercial banking services are provided by Bank of China.
Founded Year Domain Location
-
Founded Year Domain Location
Trade finance and commercial banking services are provided across Africa.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Telecom Egypt

Telecom Egypt has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include MENA. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Submarine cable infrastructure provider
2009
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Telecom Egypt

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Telecom Egypt Comparisons

Employees
+
Add Comparison
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Competitors of Telecom Egypt

Telecom Egypt operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Jio, MTN, Airtel, KT and Optus, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Provider of telecommunication services
domain founded_year HQ Location
MTN Group is recognized as a leading telecommunications provider in Africa.
domain founded_year HQ Location
Airtel is recognized as a provider of telecommunications and internet services.
domain founded_year HQ Location
Provider of voice, data, and internet services
domain founded_year HQ Location
Mobile internet services are provided for homes and offices.
domain founded_year HQ Location
Integrated telecom service provider
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Telecom Egypt

Frequently Asked Questions about Telecom Egypt

When was Telecom Egypt founded?

Telecom Egypt was founded in 1854 and raised its 1st funding round 164 years after it was founded.

Where is Telecom Egypt located?

Telecom Egypt is headquartered in Giza, Egypt.

Who is the current CEO of Telecom Egypt?

Mohamed Nasr Eldin is the current CEO of Telecom Egypt.

What does Telecom Egypt do?

Telecom Egypt was founded in 1854 and is headquartered in Giza, Egypt. Operations are focused on the telecommunications sector, where mobile internet and voice services are delivered to customers nationwide. The company manages broadband and connectivity solutions through its domain te.eg. Leadership is provided by CEO and Managing Director Mohamed Nasr Eldin, overseeing strategic developments in the regional market.

Who are the top competitors of Telecom Egypt?

Telecom Egypt's top competitors include MTN, AT&T and Optus.

Is Telecom Egypt publicly traded?

Yes, Telecom Egypt is publicly traded on EGX under the ticker symbol ETEL.

How many acquisitions has Telecom Egypt made?

Telecom Egypt has made 1 acquisition, including MENA.

Who are Telecom Egypt's investors?

Telecom Egypt has 3 investors. Key investors include BOC, Afreximbank, and Sinosure.

What is Telecom Egypt's ticker symbol?

The ticker symbol of Telecom Egypt is ETEL on EGX.

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