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Vodafone tops list of telecom companies in Egypt in 2017 revenue growth 

Vodafone Egypt topped the list of telecommunications companies with the fastest growing revenues in 2017. According to sources in the communications sector, the Vodafone Egypt’s revenue growth reached 19%, while Etisalat came second with 18%, followed by Orange with 6%. Vodafone Egypt topped the list of most profitable telecom companies, with a profit growth rate …

Mohamed Alaa El-Din

etisalat AFP

Etisalat Egypt continues to lose customers to competitors

Etisalat Egypt continued to lose more of its customers in similar fashion to recent months. The Ministry of Communications and Information Technology (MCIT) report, showing data from December, showed that the company has lost nearly 500,000 clients to other competitors. According to the report, the number of Etisalat Egypt’s customers declined from 23.1 million in …

Mohamed Alaa El-Din

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Specifications Egyptians seek in smartphones

The Egyptian market sees the sale of some 18m mobile devices every year, most of which are smartphones, according to recent reports from GfK market research. In this article, Daily News Egypt reviews the specifications preferred by Egyptians in smartphones, according to the results of research conducted by Jumia in 2017. Jumia market research showed …

Daily News Egypt

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Sico’s Nile X sales soar to 50,000 devices

The Egyptian Company for Silicon Industries (Sico Egypt) managed to sell 50,000 units of its new Nile X phone. According to the CEO of the company, Mohamed Salem, the company is targeting sales of 1.3m units before the end of the year. Salem sees the volume of sales achieved by Nile X as good considering …

Mohamed Alaa El-Din

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Jumia aims to sell 80,000 mobiles during its ‘Mobile Week’

Jumia aims to increase its sales of mobile phones to 80,000 devices during its “Mobile Week” discounts, up from 30,000 during last year’s week, according to Karim Ahmed, the company’s e-marketing director. Ahmed said the company expects 10m website visits during the week, where it is offering discounts in partnership with Samsung, Xiaomi, Sico, and …

Daily News Egypt

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Timeline of Samsung innovations in mobile cameras

Samsung released an infographic chart showing a timeline of development of smartphone cameras. Daily News Egypt reviews the timeline spanning 18 years of Samsung innovation. Samsung’s first camera phone, model SCH-V200 was released in South Korea in 2000. The phone allowed people to take up to 20 photos, equipped with a 0.35 MP camera. Two …

Daily News Egypt

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TE ranks among largest 300 communication brands globally

Brand Finance has ranked Telecom Egypt (TE) among the world’s largest 300 companies in the field of IT and communication in terms of market value. TE ranked 201st globally, falling from last year’s 152nd spot. Meanwhile, US-based AT&T topped the most valuable communication companies in the world, with a market value of $82.4m, followed by …

Daily News Egypt

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Women report more unwanted calls than men: Truecaller

Celebrating International Women’s Day, Truecaller released a report on receiving unwanted calls and reporting them based on gender. The results of the report showed that women around the world block 19% more unwanted calls than men. In Egypt, women receive unwanted calls 30% more than women in other regions. Egyptian women are 26% more likely …

Daily News Egypt

fawry

Fawry POS reached 75,000 by end of 2017

Fawry electronic payment service has increased its points of sale (POS) to reach 75,000 at the end of December 2017. A source at the company said that the size of transactions made through Fawry POS reached EGP 25bn at the end of 2017. The official added that the company provided services to more than 20 …

Mohamed Alaa El-Din

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Samsung Galaxy S9 launch date in Egypt

Samsung announced its new flagship phones, the Galaxy S9 and Galaxy S9+, at the end of February during the Mobile World Congress, which was held in Barcelona and concluded two days ago. The company set the fourth week of this month as the date for officially launching the smartphones in Egypt, according to a company …

Daily News Egypt

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CIT Chamber plans to qualify companies to trade on EGX

The Chamber of Information Technology and Communications (CIT) is currently cooperating with the Nile Stock Exchange to qualify Egyptian companies to trade on the Egyptian Exchange, said Tamer Mohamed, general manager of the chamber, which is part of the Federation of Egyptian Industries. He pointed out, during the “Watan Rakamy” (Digital Homeland) conference, which was …

Daily News Egypt

Near Term Headwinds Could Face QQQ

World’s 5 most valuable tech brands 

Telecommunications and information technology (IT) companies managed to take the top nine spots of the world’s 10 most valuable brands in 2018, according to Brand Finance, an independent business valuation consultancy. According to the Brand Finance report, Amazon topped the list of the highest value brands in the world after its valuation at $150.8bn, up …

Mohamed Alaa El-Din

teecom egypt

Telecom Egypt total revenues increased 33%

Telecom Egypt (TE) announced its financial results for the year 2017, according to consolidated financial statements prepared in accordance with Egyptian accounting standards. The company achieved unprecedented financial and operational performance, especially after the successful launch of its WE mobile network. The company’s total consolidated revenues for the fiscal year (FY) that ended on 31 …

Daily News Egypt

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CIT minister to inaugurate $30m fibre optics plant

Minister of Communications and Information Technology Yasser El-Kady is set to inaugurate a fibre optics factory in Badr city on Tuesday. The plant is owned by HitekNofal Solutions and the Chinese Hengtong Group with investments up to $15m. An informed source at HitekNofal Solutions said that the plant will be established on three stages, the …

Mohamed Alaa El-Din

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Retailers threaten to sue MNOs over mobile lines selling ban

Egypt’s Communication and Mobile Syndicate (CMS) threatened to sue the three mobile network operators (MNOs)—Vodafone, Etisalat, and Orange—if they do not compensate mobile phone retailers after the National Telecommunications Regulatory Authority (NTRA) banned sales of new mobile lines through distributors as of March. The syndicate has granted the three MNOs a grace period until 20 …

Mohamed Alaa El-Din

nokia

New Nokia phones arrive in Egypt next April

Nokia has announced the launch of four new smartphones, adding them to its award-winning smartphone portfolio, including the Nokia 8 Series, Nokia 7 Plus, the new Nokia 6 and the Nokia 1 each phone is robust.   In addition to the launch of these new Android-enabled smartphones, Nokia will re-launch the legendary Nokia 8110 with …

Daily News Egypt

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Pre-orders for Samsung Galaxy S9 launch in Egypt

Samsung launched its new Galaxy S9 and Galaxy S9+ phones on 25 February during the 2018 Mobile World Congress in Barcelona. You can now book your mobile through B.Tech branches or on their official website for only a EGP 300 down payment to gain priority for receiving the latest Samsung phone. B.Tech is launching the …

Daily News Egypt