Fastest-growing Middle Eastern brands of 2022 (according to Brand Finance Middle East 150)
Country: Egypt
Growth: 51.6 percent
Industry: Telecom
Telecom Egypt is Egypt’s primary telephone company. Established in 1854 with the first telegraph line in Egypt, the firm replaced the former Arab Republic of Egypt National Telecommunication Organization in 1998.
According to the 2022 Brand Finance Middle East 150 report, Telecom Egypt grew by 51.6 percent from last year.
Its main operational offices are in Cairo, Al-Mansurah, Ismailia, Alexandria, Suez and Tanta.
In 2016, Telecom Egypt became a fully fledged mobile operator and the following year launched its mobile service, branded as WE. In 2019, the company signed an agreement with strategic partner Nokia for the development of 5G use cases in Egypt.
The company offers services in retail and wholesale. On the retail side, Telecom Egypt offers access and voice services for home and enterprises, as well as data services through TE Data. Telecom Egypt also provides infrastructure and transport services, voice and data services, and hosting.