Telecom Egypt Company (We) total revenues shot up to LE 18.6 billion in 2017, marking a 33% rise in comparison with 2016.
a press release on Monday, the company said its Profit After Tax (PAT) reached LE 3.2 billion during the company's
2017 financial year which ended on December 31, at an 18% rise in comparison
company's 2017 Earnings Before Interest, Tax, Depreciation and Amortization (EBITDA)
upped to LE 5.2 billion, at a 36% rise in comparison with 2016.
Egypt is the largest
fixed-line operator in Africa and the Middle East.
The company has about 3.8 million internet subscribers. The company has also
launched mobile phone service.