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Since its establishment in 1854, Telecom Egypt has played a pivotal role in driving growth within the local ICT market capitalizing on its vast infrastructure, which is one of the largest in the region. Its vast domestic and international infrastructure has helped it serve various customer groups including consumers, enterprises, domestic and international carriers. Through its five business units Telecom Egypt boasts a consolidated top-line of EGP 22.8bn.
In September 2017, Telecom Egypt introduced its new retail brand “WE” with the launch of its mobile services. In a year from launch, “WE” offered the market’s first fully integrated bundle combining all of its consumer services fixed and mobile, voice and data in one bill taking its first step towards full convergence and demonstrating its agility as a key player in the telecommunications industry. By end of 2018, Telecom Egypt fixed voice customers grew to 7.9mn of which 5.2mn enjoyed fixed broadband connectivity, while mobile customers reached 3.9mn.
Telecom Egypt’s wholesale unit provides infrastructure, transmission and international voice services to local mobile operators and internet service providers. In addition, it provides international carries capacities on one of the largest submarine cable networks in the world.
In September 2017, Telecom Egypt introduced its new retail brand “WE” with the launch of its mobile services. In a year from launch, “WE” offered the market’s first fully integrated bundle combining all of its consumer services fixed and mobile, voice and data in one bill taking its first step towards full convergence and demonstrating its agility as a key player in the telecommunications industry. By end of 2018, Telecom Egypt fixed voice customers grew to 7.9mn of which 5.2mn enjoyed fixed broadband connectivity, while mobile customers reached 3.9mn.
Telecom Egypt’s wholesale unit provides infrastructure, transmission and international voice services to local mobile operators and internet service providers. In addition, it provides international carries capacities on one of the largest submarine cable networks in the world.
Overview
Location
Egypt, Giza Governorate, Smart Village
Employees
10001+
Total raised
$500M
Founded date
1854
Funding Rounds 1
| Date | Series | Amount | Investors |
| Sign up to see | Sign up to see | Sign up to see | Sign up to see |
Mentions in press and media 20
| Date | Title | Description |
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| Jul 25, 2026 | Мечтают ли акулы об электрокабелях? | Мечтают ли акулы об электрокабелях? «Ъ» измерил подводные магистрали, которые обеспечивают мир интернетом 160 лет назад, 27 июля 1866 года, подводный кабель соединил Ирландию и восточное побережье Америки по дну Атлантического океана. Так б... |
| May 18, 2026 | The toll booth at the bottom of the sea | The Strait of Hormuz at the entrance to the Persian Gulf Iran is signalling that it wants to extract rent from the global data traffic flowing through the Strait of Hormuz, with state-aligned media floating a model under which the world’s l... |
| Sep 8, 2025 | Helios Investment Partners inks deal to acquire Telecom Egypt’s data hub | Babatunde Soyoye and Tope Lawani, Managing Partners at Helios Helios Investment Partners, one of the largest private equity firms in Africa that manages assets worth over $3 billion, has agreed to acquire data centre assets of Egyptian tel... |
| Jun 6, 2025 | Egypt's Digital Leap: The 5G Revolution and Its Implications | Egypt stands at the crossroads of tradition and technology. The recent launch of 5G mobile services marks a pivotal moment in the nation’s journey toward a digital future. This initiative, dubbed "Digital Egypt," is not just a buz... |
| Jun 5, 2025 | Egypt Unveils 'Digital Egypt' Strategy With 5G Launch | Egypt is committed to building a "Digital Egypt" through a clear strategic vision that recognizes the Information and Communications Technology (ICT) sector as a crucial driver of economic development. Prime Minister Mostafa Madbo... |
| May 29, 2024 | Telecom operators seek 5-6 year moratorium on spectrum purchases after 2025 | |
| Mar 30, 2024 | IMF to increase Egypt's bailout loan to $8 billion to shore up its economy | The executive board of the International Monetary Fund confirmed a deal with Egypt to increase its bailout loan from USD 3 billion to USD 8 billion, in a move that is meant to shore up the Arab country's economy which is hit by a staggering... |
| Feb 7, 2024 | ICE IV Project Propels Intra Asia to India, Middle East, and Beyond | JAKARTA, Indonesia, Feb. 7, 2024 /PRNewswire/ -- E&, Telecom Egypt, Telin and a major Indian operator have signed a new Memorandum of Understanding (MoU) to establish a consortium with the aim to develop the ICE IV Project. This new Dat... |
| Mar 13, 2023 | Transforming Network Operations: IBM Brings Intelligent Automation Software to Telecom Egypt | The telecommunication industry is witnessing a dramatic transformation and the majority of the developments are technologically driven. Telecom Egypt (TE), a leading network operator in Egypt announced its partnership with IBM to adopt inte... |
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FAQ about Telecom Egypt
When was Telecom Egypt founded?
Telecom Egypt was founded in 1854.
How much funding has Telecom Egypt raised?
Telecom Egypt has raised $500M in total across 1 funding round.
What has the press written about Telecom Egypt?
Parsers VC has collected 20 articles mentioning Telecom Egypt, among them “Мечтают ли акулы об электрокабелях?” (Jul 25, 2026) and “The toll booth at the bottom of the sea” (May 18, 2026).
Is Telecom Egypt still active?
Yes, Telecom Egypt is active; its latest activity on Parsers VC dates from Sep 10, 2026.