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2026-11-12T09:56:01.000Z

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Telecom Egypt Profits Up

Telecom Egypt Profits Up

Telecom Egypt’s net profit after tax rose 44% in the first nine months of 2026, reaching EGP 24.4 billion, while its profit margin improved to 26%, compared with 22% in the same period of 2025. Consolidated revenue grew 19% to EGP 93.6 billion, driven by a 30% increase in data services revenue and a 25% increase in incoming international calls. EBITDA rose 24% to EGP 43.1 billion, and the net debt-to-EBITDA ratio improved to 0.8x, down from 1.5x a year earlier.

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