Telecom Egypt Co SAE
LSE:TEEG
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Telecom Egypt Co SAE
Telecom Egypt Co SAE
Other Operating Expenses
Telecom Egypt Co SAE
Other Operating Expenses Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
| Company | Other Operating Expenses | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
|---|---|---|---|---|---|---|
|
|
Telecom Egypt Co SAE
LSE:TEEG
|
Other Operating Expenses
egp81m
|
CAGR 3-Years
-35%
|
CAGR 5-Years
4%
|
CAGR 10-Years
N/A
|
|
Telecom Egypt Co SAE
Glance View
Telecom Egypt Co SAE stands as a pivotal player in the Egyptian telecommunications landscape, serving as the backbone of the nation's digital infrastructure. Founded in 1854, this Cairo-based entity is the oldest telecom operator in the Middle East and Africa. Over the decades, it has woven telecommunications into the very fabric of Egyptian society, evolving from a landline operator to a comprehensive provider in the digital age. The company operates a vast network that covers everything from fixed-line operations to high-speed internet services and mobile networks. As a fully integrated telecom operator, Telecom Egypt extends its influence across various domains, from consumer services and corporate solutions to wholesale connectivity—each segment leveraging its robust infrastructure to fuel Egypt's burgeoning digital economy. The company benefits from the increased demand for connectivity and digital services, as Egypt's demographics are characterized by a tech-savvy, youthful population eager to embrace modern communication technologies. As a partially state-owned entity, Telecom Egypt plays a strategic role aligned with national objectives to position Egypt as a regional connectivity hub. This complements its business-to-business offerings, providing solutions for IT professionals, corporations, and governments, enhancing its revenue streams beyond consumer markets. Telecom Egypt strategically invests in expanding its submarine cable network, exploiting Egypt’s geographic position as a conduit between continents, which not only strengthens domestic service capabilities but also garners international clientele. By capitalizing on its historic legacy and embracing innovation, Telecom Egypt continues to cement its status as a cornerstone of Egypt's telecommunication evolution.
See Also
What is Telecom Egypt Co SAE's Other Operating Expenses?
Other Operating Expenses
81m
EGP
Based on the financial report for Jun 30, 2024, Telecom Egypt Co SAE's Other Operating Expenses amounts to 81m EGP.
What is Telecom Egypt Co SAE's Other Operating Expenses growth rate?
Other Operating Expenses CAGR 5Y
4%
Over the last year, the Other Operating Expenses growth was 47%. The average annual Other Operating Expenses growth rates for Telecom Egypt Co SAE have been -35% over the past three years , 4% over the past five years .
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