Fixed-line monopoly Telecom Egypt on Tuesday reported a 31.4 per cent slump in profits for 2014, citing several one-off and operational costs related to license fee payments and tax liabilities.
It said net profit for the year fel
Panasonic, a leading brand of cordless telephones, has expanded its range of digital cordless phones (DECT) with the launch of four new sleek and smart models in the Middle East.
The KX-PRS110, KX-PRW110, KX-PR
Egypt's Telecommunications Minister Atef Helmy said on Sunday the country's long awaited unified telecom licence for both mobiles and landlines will be activated within three months.
The licence would allow telecommunicati
Du, a leading telecom operator in the UAE, has lowered its landline calling tariffs for top international destinations.
Alongside attractive call rates, Pay by the Second billing and 24x7 customer care, du has now lowered its rate
Land-line monopoly Telecom Egypt posted a 21 percent drop in third-quarter net profit on Monday as it continues to suffer the economic fallout of a popular uprising.
The company, which is banking on data services to offset lower fixed-line
Fixed line telephone users in Bahrain are now able to change their operators as part of the Telecom Regulatory Authority (TRA) number portability scheme, said the director general of the kingdom’s telecom watchdog.
Mohamed Hamad Bubashait
Landline monopoly Telecom Egypt posted 15 percent drop in second-quarter results on Monday, the company said in a statement.
The company made a net profit of 826 million Egyptian pounds($138.8 million), down from 971 million pounds i
Landline monopoly Telecom Egypt posted a 10 percent drop in first-quarter net income on Wednesday after anti-government protests hit the economy.
The company made net income of 892 million Egyptian pounds ($150.1 million), down from
Landline monopoly Telecom Egypt reported an 8 percent rise in 2010 net profit to 3.3 billion Egyptian pounds ($558 million).
The figure implied a 20 percent rise in fourth-quarter net profit to 579 million pounds, based on a nine-month pr