Alamanac-banner
STF-topbanner

Telecom Egypt Quarterly Net Drops 25% On Wholesale Decline

By Bloomberg

Telecom Egypt Co., the Arab country’s monopoly fixed-line phone company, said second-quarter profit dropped 25 percent from a year earlier as it didn’t deliver any submarine cable projects.

Net income fell to 613 million pounds ($101 million) from 813 million pounds in the same period last year, the company said in a statement distributed by the Regulatory News Service. That missed the 786 million-pound average of four analyst estimates compiled by Bloomberg.

Read more…

    Tags:

    APTelecom Announces Launch of ‘State of Subsea’ Event Series

    By AP Telecom APTelecom, a facilities-based telecom consulting and service company specializing in emerging markets, today announced that it will [...]

    Warley Design Helps Develop Next-Generation Optical Repeater For Subsea Cable Systems

    By Warley Design Warley Design Solutions has helped a leading global supplier of optical networking solutions to develop an industry-leading [...]

    The INTERNATIONAL CABLE PROTECTION COMMITTEE announces search for a General Manager

    By ICPC Press Release With the intent of maintaining its presence as the premier organization for the protection of submarine [...]

    Fibre Needs The Regulators

    By Gadget Telecommunications regulators and African governments need to clear away the red tape and regulatory risks around laying fibre [...]

    Tender Issued For Construction Of New Telecommunications Cable

    By Voxy The three telecommunications companies that intend to co-invest in a new submarine cable between New Zealand and Australia [...]

    Xtera Communications Partners With Warley Design To Develop New Optical Repeater For Subsea Cabling

    Online PR News – 12-June-2013 –Warley Design Solutions, one of the UK’s leading independent providers of mechanical design and engineering [...]