Telecom Egypt has announced a 20% year-on-year increase in consolidated revenue in the quarter ended 30 June 2020, with turnover rising to EGP7.94 billion (USD497 million). It attributed this level of growth to what it called a ‘spike’ in retail revenue, which rose by 43% y-o-y to EGP3.63 billion.

Read more: Telecom Egypt reports 20% revenue growth, monitors stc acquisition ‘closely’

Etisalat claims its readiness to serve the ‘New Normal’ by encouraging and advancing digital transformation with the help of new partnerships, collaborations and investments with digital adoption being key for new digital services, said Dr. Ahmed Bin Ali, Senior Vice President, Corporate Communications, Etisalat Group.

Read more: Etisalat prepares to serve the ‘new normal’ by fast-tracking UAE’s digital transformation

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