4 Hrs
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الاقتصادية
Telecom Profits Jump 44%
Telecom Egypt’s net profit jumped 44% in the first nine months of 2026 to EGP 24.38 billion, up from EGP 16.97 billion in the same period a year earlier, while revenue rose 19% to EGP 93.57 billion. Growth was driven by a 30% increase in data services revenue and a 25% rise in incoming international call revenue. Income from the company’s investment in Vodafone Egypt also grew 33% to EGP 14.4 billion. In the third quarter, revenue rose 23% to EGP 34.15 billion, and net profit climbed 39% to EGP 8.98 billion.
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