Exceptional Financial and Operational Performance: Telecom Egypt Records EGP 22.6 Billion Profit in 2025, Up 123%
Telecom Egypt announced today its consolidated financial results for the fiscal year ended December 31, 2025, prepared in accordance with Egyptian Accounting Standards, delivering record-breaking financial and operational performance.
The company reported consolidated revenues of EGP 106.7 billion, representing a 31% year-on-year increase, driven by strong growth across all core business segments. Data services led revenue growth with a 46% increase, accounting for 59% of total revenue growth, followed by a 30% rise in international incoming calls, 31% growth in submarine cable projects, and an 11% increase in infrastructure services provided to operators.
Telecom Egypt achieved solid customer base expansion across all services, with mobile, fixed broadband, and fixed voice subscribers growing by 10%, 8%, and 7%, respectively.
EBITDA increased by 46% year-on-year to EGP 47.5 billion, delivering a robust 45% EBITDA margin. Net profit after tax more than doubled to EGP 22.6 billion, reflecting a 123% growth rate and a 21% net profit margin, supported by strong operational performance and a 71% increase in investment income from Vodafone Egypt, offsetting higher interest rates and depreciation expenses.
Capital expenditure on in-service assets amounted to EGP 20.4 billion (19% of revenues), while cash capital expenditure reached EGP 29.6 billion (28% of revenues). The net debt-to-EBITDA ratio improved significantly to 1.3x, compared to 2.2x in the previous year, reflecting enhanced financial flexibility.
Free cash flow turned positive, reaching EGP 21.1 billion, compared to negative EGP 1.6 billion in 2024, driven by improved working capital efficiency and disciplined capital management.
Commenting on the results, Eng. Tamer El Mahdi, Managing Director and CEO of Telecom Egypt, stated that the company’s performance exceeded expectations, reaffirming the strength of its strategy, disciplined execution, and commitment to sustainable value creation.
Based on the company’s strong financial performance, the Board of Directors proposed a cash dividend of EGP 1.5 per share for fiscal year 2025, subject to approval by the Ordinary General Assembly.