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General

Telecom Egypt revenue up 41% in Q4, fixed broadband customers up 20%

Wednesday 24 February 2021 | 09:44 CET | News
Telecom Egypt's revenue grew 41 percent to EGP 9.56 billion in the three months to 31 December 2020 from EGP 6.79 billion in Q4 2019, driven by integrated communications and networking (IC&N), which contributed 63 percent, followed by data revenue growth thanks to an increased customer base and healthy ARPU. EBITDA increased to EGP 3.62 billion from EGP 1.92 billion in 2019 with an EBITDA margin of 37.8 percent. Net profit rose by 35 percent to EGP 1.3 billion.

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Categories: General
Companies: Telecom Egypt
Countries: Egypt
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