About Vodafone Egypt
Vodafone Egypt is a company based in Cairo (Egypt) founded in 1998 was acquired by Vodacom in December 2022. Vodafone Egypt has raised $981.37 million across 2 funding rounds from investors including Saudi Telecom, Telecom Egypt and Vodacom. Vodafone Egypt operates in a competitive market with competitors including MTN, Jio, Airtel, SK Telecom and Optus, among others.
- Headquarter Cairo, Egypt
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Sectors
Telecommunications
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Email
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$981.37 M (USD)
in 2 rounds
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Latest Funding Round
$981.37 M (USD), Private Equity Round
Sep 20, 2006
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Investors
Saudi Telecom
& 2 more
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Employee Count
Not available
- Acquired by
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Funding Insights of Vodafone Egypt
Vodafone Egypt has successfully raised a total of $981.37M across 2 strategic funding rounds. The most recent funding activity was a Private Equity Round of $981.37 million completed in September 2006. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Vodafone Egypt
Vodafone Egypt has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Saudi Telecom, Telecom Egypt and Vodacom.
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Mobile internet and voice services are provided across Egypt.
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Telecommunication services are delivered in the Middle East and Africa.
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Mobile telecommunication services are provided by Vodacom in South Africa.
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Investor details for Vodafone Egypt
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Investments & Acquisitions by Vodafone Egypt
Investment portfolio details for Vodafone Egypt
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Financial Statements - Vodafone Egypt
Detailed financials for Vodafone Egypt
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Vodafone Egypt Comparisons
Peer comparison for Vodafone Egypt
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Competitors of Vodafone Egypt
Vodafone 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 MTN, Jio, Airtel, SK Telecom and Optus, among others.
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MTN Group is recognized as a leading telecommunications provider in Africa.
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Provider of telecommunication services
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Airtel is recognized as a provider of telecommunications and internet services.
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Provider of integrated telecommunication services
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Mobile internet services are provided for homes and offices.
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Integrated telecom service provider
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Detailed competitors of Vodafone Egypt
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Latest news on Vodafone Egypt
Complete news archive for Vodafone Egypt
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Frequently Asked Questions about Vodafone Egypt
Vodafone Egypt was founded in 1998.
Vodafone Egypt is headquartered in Cairo, Egypt.
Mohamed Abdallah is the current CEO of Vodafone Egypt.
Vodafone Egypt is a funded company, having raised a total of $981.37M across 2 funding rounds to date.
Vodafone Egypt (formerly known as Misrfone TelecommunicationClick GSM) is a telecom service provider which caters to residential and business customers in Egypt. It offers cellular voice data (4G), SMS, fixed-line (ADSL) broadband internet access with data speeds up to 4 Mbps, multiple speed based internet plans, managed WiFi, installation, maintenance, and support services. It provides mobile phones through the partnership with Samsung, Huawei, Apple, Xiaomi, etc. It also provides a mobile application that supports Android and iOS devices for online account management. In 1998, the company was formed as a result of a consortium between Vodafone international, Air Touch, and local international partners. Vodafone Group has acquired AirTouch share (in 1999) and VIVENDI France share (in 2002). In Jan02, Click GSM was rebranded to Vodafone Egypt. The company has acquired Raya Telecom (in Jun07) and Sarmady (in 2008) to expand its offerings.
Vodafone Egypt has 3 investors. Key investors include Saudi Telecom, Telecom Egypt, and Vodacom.