Telecom Egypt H1 FY26 net profit rises 47% to EGP 15.4 billion; revenue increases 17% to EGP 59.2 billion
Reuters2026/08/12 21:11- Telecom Egypt posted H1 2026 net profit of EGP 15.4 billion, up 47% YoY, as revenue climbed 17% to EGP 59.2 billion.
- EBITDA rose 20% YoY to EGP 26.4 billion, lifting the EBITDA margin to 45%.
- Data revenue increased 26% YoY, while international incoming calls revenue rose 32% on higher traffic, forex gains, sustained connectivity demand.
- FCFF reached EGP 10 billion; net debt/annualized EBITDA improved to 1.2x from 1.6x in H1 2025.
- CEO Tamer El Mahdi cited stronger Q2 momentum, supporting confidence for H2, with focus on disciplined capital allocation and data center expansion.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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