Telecom Egypt, currently participates in the mobile segment in Egypt by providing mobile interconnectivity through its current 44.95% holding in Vodafone Egypt, one of the three Egyptian mobile operators. Vodafone Egypt already has a growing subscriber base of over 22 million as at September 2009.
Telecom Egypt’s Internet and data services include the provision of Internet broadband access through its subsidiary TE Data, data transmission services and leased lines. Internet usage in Egypt has grown at an exponential rate year-on-year since 2003 with a compound annual growth rate of 211.6% for TE Data's ADSL subscriber base. In September 2009, TE Data was servicing more than 572 thousand ADSL subscribers, an increase of 68% from September 2008. |