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CAIRO - Telecom (BCBA:TECO2m) Egypt (EGX:ETEL.CA; LSE:TEEG.LN), the comprehensive telecom operator in Egypt, is set to release its audited financial results for the year ending December 31, 2024, before the start of trading on Thursday, February 27, 2025. The announcement will be made on both the Egyptian Stock Exchange (EGX) and the London Stock Exchange (LON:LSEG) (LSE).
The forthcoming financial disclosure, prepared in accordance with the Egyptian Accounting Standards (EAS), is expected to provide investors with insights into the company’s performance over the past year. Telecom Egypt, with a legacy of over 160 years, has maintained a dominant presence in the Egyptian telecom market, delivering a full spectrum of telecom services to its customers, which include fixed and mobile voice and data services.
In addition to its core operations, Telecom Egypt also holds a 45% stake in Vodafone (NASDAQ:VOD) Egypt, recognized as the leading and most profitable mobile operator in the country. The company’s strategic investments and diversified portfolio have positioned it as a key player in Egypt’s telecommunications sector.
The shares and Global Depositary Receipts (GDRs) of Telecom Egypt are publicly traded on the EGX and LSE, offering global investors the opportunity to invest in the Egyptian telecom market. The company’s commitment to transparency and engagement with the investment community is facilitated through its dedicated Investor Relations team.
This scheduled financial results announcement is based on a press release statement issued by Telecom Egypt and serves as a significant event for shareholders and potential investors, providing them with essential data to assess the company’s financial health and market position. The information presented here is derived solely from the official press release, ensuring an unbiased and factual representation of Telecom Egypt’s forthcoming earnings release.
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