Etisalat Egypt continued to lose more of its customers in similar fashion to recent months. The Ministry of Communications and Information Technology (MCIT) report, showing data from December, showed that the company has lost nearly 500,000 clients to other competitors. According to the report, the number of Etisalat Egypt’s customers declined from 23.1 million in …
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Company’s unit in Egypt accounts for 19% of the group’s business
A banking alliance of 10 major banks signed a syndicated long-term loan to Etisalat Egypt, amounting to EGP 6bn, to finance the purchase of the 4G licence and the new frequencies, as well as the repayment of the existing dues and the company’s operation expenses. The alliance included the National Bank of Egypt (NBE), the …
10.7% drop in company’s revenues
The new application aims to improve technical support offered to clients, and will reduce the cost of services by 15%
By Muhammad Alaa El Din Etisalat Egypt’s revenues declined over the past nine months to $898.5m, compared to $953m during the corresponding period last year, acquiring about 8% of the total revenue, according to financial indicators of Emirates Telecommunications Corporation, listed in the Abu Dhabi stock market. With these revenues, the company’s branch in Egypt …
We presented our current cost structure to NTRA to prove our losses, says company official
Etisalat Egypt targets EGP 10bn investments over next five years, allocates EGP 2.5bn per year to improve network’s service
There are important qualities and standards that phone companies seek in their customer service agents.
Despite Vodafone’s top place in the mobile service operators market, the company acquired second place in terms of the spread of the company’s customer service branches, which reached 203 branches
Mobile service provider represented 19% of Etisalat Group’s revenues from international operations
The company obtained $120m in loans to fund growth plans
Etisalat Egypt has repaid the last portion of the $300m loan it received from several banks in 2010 through premiums. The loan was fully repaid in 2014.
Government and sovereign agencies will obtain the ruling share of the national infrastructure of communications, Gamal El-Sadat, CEO of Etisalat Egypt, said.
By Oxford Business Group A new licence system governing Egypt’s fiercely competitive telecoms sector is expected to be rolled out within weeks, paving the way for mobile and fixed-line operators to vie for each other’s business. While the country has a large consumer population, as penetration has passed 100%, telecoms players have faced an increasingly …
New tax includes an EGP 25 tariff on every SIM card sold