Telecom Egypt

📍 Smart Village, Egypt🗓 Founded 1854👥 17,386 employees💰 Last funded Mar 2021
Since its establishment in 1854, Telecom Egypt has played a pivotal role in driving growth within the local ICT market capitalizing on its vast infrastructure, which is one of the largest in the region. Its vast domestic and international infrastructure has helped it serve various customer groups including consumers, enterprises, domestic and international carriers. Through its five business units Telecom Egypt boasts a consolidated top-line of EGP 22.8bn. In September 2017, Telecom Egypt introduced its new retail brand “WE” with the launch of its mobile services. In a year from launch, “WE” offered the market’s first fully integrated bundle combining all of its consumer services fixed and mobile, voice and data in one bill taking its first step towards full convergence and demonstrating its agility as a key player in the telecommunications industry. By end of 2018, Telecom Egypt fixed voice customers grew to 7.9mn of which 5.2mn enjoyed fixed broadband connectivity, while mobile customers reached 3.9mn. Telecom Egypt’s wholesale unit provides infrastructure, transmission and international voice services to local mobile operators and internet service providers. In addition, it provides international carries capacities on one of the largest submarine cable networks in the world.
2
Total investors
0
Early stage
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Mid stage
0
Late stage
1854
Founded
Investor geography1 country
Egypt
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Frequently asked questions
Who invested in Telecom Egypt?
Telecom Egypt has 2 investors on record on gritt.io.
When did Telecom Egypt last raise funding?
The most recent investment in Telecom Egypt recorded on gritt.io was in March 2021.
When was Telecom Egypt founded?
Telecom Egypt was founded in 1854.
What industry is Telecom Egypt in?
Telecom Egypt operates in Telecommunications. Find similar Telecommunications investors on gritt.io.
Where is Telecom Egypt based?
Telecom Egypt is headquartered in Smart Village, Egypt.