Tag Archives: Telecom Egypt

Telecom Egypt and Banque Misr partnered to launch mobile money service

Telecom Egypt has partnered with Egyptian public bank Misr Bank to launch the Mobile Money operations of its mobile phone branch WE. The service is designed to enable customers to safely and securely send, receive and store money using a smartphone application.  The mobile wallet will allow customers to deposit and withdraw cash from WEs [...]

Telecom Egypt has completed the acquisition of MENA Cable Submarine Cable

Through its Egypt Submarine Cable Company subsidiary (EISCC), Telecom Egypt has completed the acquisition of Middle East and North Africa Submarine Cable System (MENA SCS), a subsidiary of Orascom Investment Holding. The telecommunications operator announced it on September 17, 2018 on the Egyptian stock exchange. MENA SCS was purchased for $ 90 million. Telecom Egypt [...]