Telecom Egypt acquires MENA Cable from Orascom Investment for $90M

Mon, 17 Sep 2018 - 10:36 GMT

EFG Hermes acted as the brokerage company for executing the transaction on Telecom Egypt’s side.

Egypt, India cooperate in maritime cable domain

Mon, 06 Aug 2018 - 01:07 GMT

The Indian company will get IRUs (Indefeasible Right of Use) on Middle East, North Africa Submarine Cable (MENA Cable) and TE North Cable Systems, Telecom Egypt said in a statement.

Telecom Egypt achieves 15.4% growth, acquires MENA Cable

Thu, 10 May 2018 - 03:54 GMT

The EBITDA after taxes hit EGP 688 million, with a decline of 48 percent during Q1, due to the notable retreat of the investments by Vodafone Egypt.