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Telecom Egypt Reports 42% Revenue Growth in Q1 2025, Caused by Strong Retail Sales
Telecom Egypt reports 42% revenue growth in Q1 2025, showing a very strong start to the year. The company’s total revenue went up to EGP 24.8 billion, which is 42% higher than the same time last year. This big jump in income mainly came from the Retail segment, which made up 57% of the total revenue and was responsible for more than half of the growth.
The Retail part of the business did really well, especially the Home & Consumer side, which grew by 45%. This happened after the company increased prices by 30% in December 2024. More people are using Telecom Egypt’s services, with the number of mobile customers going up by 10%, fixed broadband users by 8%, and fixed phone lines by 4% compared to last year. This shows that many Egyptians trust Telecom Egypt for their phone and internet needs.
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The company also made more money from its operations. Earnings before interest, taxes, depreciation, and amortization (EBITDA) grew by 49% to EGP 10.9 billion. This means Telecom Egypt is not only earning more but also managing its costs better, with a profit margin of 44%, up from 42% last year. The company’s net profit, which is the money left after all expenses, rose by 39% to EGP 5.2 billion. This is a good sign that the company is healthy and growing.
Telecom Egypt also earned more from its investment in Vodafone Egypt, with income from this rising more than three times to EGP 3.2 billion. This extra income helped cover higher interest costs, which went up by 73%. Even with these costs, the company managed to keep growing and making money.
The company’s financial position is getting stronger too. Its debt compared to earnings improved, meaning Telecom Egypt is reducing its debt load. It also generated strong cash flow, with free cash flow reaching EGP 3.8 billion after excluding some license costs. This shows the company is careful with its spending while still investing in its future.
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Mohamed Nasr, the CEO of Telecom Egypt, said he is happy with the results and feels confident about the rest of the year. He mentioned that the Egyptian economy is stable, with inflation under control and interest rates going down. He also said that the company’s investments over the past ten years are paying off, helping Telecom Egypt meet the growing demand for better phone and internet services in Egypt and beyond.
Telecom Egypt reports 42% revenue growth in Q1 2025 thanks to strong retail sales, smart management, and good financial health. The company is growing fast, making more profit, and is ready to keep this positive trend going throughout the year. This is great news for customers, employees, and investors alike.
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