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CAIRO - Telecom (BCBA:TECO2m) Egypt, the country’s primary telecommunications provider, has set the dividend distribution for its shareholders with a record date of April 17, 2025, and a payment date scheduled for Thursday, April 23, 2025. Each share will receive a dividend of EGP 1.5.
This dividend payment corresponds to the company’s 23rd coupon. The announcement is part of Telecom Egypt’s financial events and is aimed at providing returns to its investors.
Telecom Egypt, with a history of approximately 170 years, is a key player in Egypt’s telecom industry, offering a broad spectrum of services. These include fixed and mobile voice services, high-speed internet, smart solutions, data center facilities, and cloud computing solutions tailored to various customer segments, including individuals, small offices/home offices (SOHOs), small and medium-sized enterprises (SMEs), and large corporations.
The company’s extensive network infrastructure and diverse service portfolio have established its leading position in the market. Telecom Egypt also has a significant presence in the mobile sector through its operation "WE" and holds a 45% ownership stake in Vodafone (NASDAQ:VOD) Egypt.
Shares and Global Depositary Receipts (GDRs) of Telecom Egypt are publicly traded on the Egyptian Exchange and the London Stock Exchange (LON:LSEG) under the tickers ETEL.CA and TEEG.LN, respectively.
This dividend distribution event is based on a press release statement from Telecom Egypt.
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