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Telecom Egypt net profit hits USD139m in Q2
(MENAFN) Telecom Egypt announced registering a net profit of USD139 million in the April-June period, rising 11 percent compared to last year, The Peninsula Qatar reported.
The Egyptian fixed-line monopoly is also set to invest USD3496.25 million in license fees as set by the government to acquire a mobile services license.
"The geography of Egypt is a very important geography and for the last several decades Telecom Egypt has been connecting international infrastructure that comes from the south and the east," Telecom"s Chief Executive said.
The Egyptian fixed-line monopoly is also set to invest USD3496.25 million in license fees as set by the government to acquire a mobile services license.
"The geography of Egypt is a very important geography and for the last several decades Telecom Egypt has been connecting international infrastructure that comes from the south and the east," Telecom"s Chief Executive said.
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