Telecom Egypt Reports EGP 17 Billion Net Profit in First Nine Months of 2025, Up 96% Year-on-Year
Telecom Egypt, the country’s leading integrated telecom operator and one of the region’s largest ICT providers, announced its consolidated financial results for the nine-month period ending 30 September 2025, prepared in accordance with Egyptian accounting standards. The results reflect strong financial and operational performance, robust revenue growth, and continued expansion of the company’s customer base across all business segments.
Financial Highlights for the First Nine Months of 2025
Total consolidated revenues reached EGP 78.1 billion, marking a 34% year-on-year growth, driven primarily by data services (EGP 34 billion), international incoming voice (EGP 10.2 billion), and infrastructure services provided to operators (EGP 7.8 billion). These segments contributed 54%, 15%, and 8%, respectively, to total revenue growth.
Customer base continued to grow across all segments, with fixed voice, fixed broadband, and mobile subscribers increasing by 7%, 8%, and 9%, respectively, compared to the same period last year.
EBITDA increased by 48% year-on-year to reach EGP 34.5 billion, achieving an EBITDA margin of 44%.
Net profit after tax nearly doubled, growing by 96% to EGP 17 billion, compared to the same period in 2024, with a net profit margin of 22%, up from 15% last year.
CapEx for in-service assets amounted to EGP 12.2 billion (16% of total revenues), while cash CapEx reached EGP 20.9 billion, a 30% decrease year-on-year.
Net debt to EBITDA ratio improved to 1.5x, compared to 2.3x in the first nine months of 2024.
Free cash flow amounted to EGP 12.1 billion, representing 35% of EBITDA.
CEO Statement
Commenting on the results, Eng. Tamer El Mahdy, Managing Director and Chief Executive Officer of Telecom Egypt, said: “As I begin my tenure as CEO, I am proud to see Telecom Egypt sustaining its growth momentum and operational excellence. The company delivered a 34% year-on-year revenue increase to reach EGP 78.1 billion, driven by strong performance in data services, international voice, and infrastructure revenues — which together accounted for over three-quarters of total growth.”
He added: “EBITDA grew by 48% to EGP 34.5 billion, reflecting our efficiency and strong cost discipline, while net profit nearly doubled to EGP 17 billion, underscoring our ability to generate high returns despite regional challenges. Improved cash flows and reduced leverage — with a net debt-to-EBITDA ratio of 1.5x — demonstrate the company’s solid financial position and prudent capital management.”
Operational Strength and Outlook
El Mahdy emphasized that Telecom Egypt continues to enhance customer experience and operational agility: “Our growing customer base across all segments reflects the trust of our clients and the strength of our service portfolio. Moving forward, my focus will be on fostering an environment that promotes agility, innovation, and sustainable growth — ensuring long-term value creation for our shareholders.”
He conclude “With the support of our Board, the dedication of our talented team, and the loyalty of our customers, I am confident that Telecom Egypt will continue to strengthen its leadership position locally and regionally, contributing to Egypt’s expanding digital economy.”