18% increase in Egypt Telecom's business figure in 3 months



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Etisalat's revenues in the third quarter of this year increased by 18% compared to the same period last year, according to Etisalat Group's third quarter results published on its website.
Etisalat Egypt achieved a turnover of 3.5 billion Egyptian pounds, while the company posted a profit of 1.5 billion Egyptian pounds, a growth of 34%, according to the results of the company.
The income from Etisalat Egypt accounts for about 6% of Etisalat's total revenue, while Egypt's profits account for around 5% of the group's total profits, according to the results of the survey. business.
Etisalat attributed the growth of its revenue in Egypt during the third quarter to the growth of voice and data services by ADSL and international calls.
Etisalat Misr has signed agreements with Telecom Egypt during the current year, allowing Egypt to offer mobile phone services via Egypt Telecom.
Etisalat customers reached 31 million in the third quarter, compared to 33.4 million in the same period last year.
Etisalat Egypt holds 66% of the capital of Emirates Telecom group, 20% of Al-Bareed investment company, 5% of UAE DIFC LLC, 5% of UAE Das Holding Company, 1.5% of the Saudi technical development company and 1.5% of the Al Naboodah company And 1% in Mawared for the finances of the United Arab Emirates.

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