Telecom Egypt net profit drops 23% y/y in Q1 2026 to $67.4mn

By bna Cairo bureau May 21, 2026

Telecom Egypt (EGX:ETEL) reported a 23% year-on-year (y/y) decline in net profit in Q1 2026, driven by higher non-cash foreign exchange losses, despite continued growth in revenues and customer ...


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