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Telecom Egypt posts 9.9 pct rise in Q1 net profit

Pulse Staff
Pulse Staff 07:37 - 13 May 2015
CAIRO (Reuters) - Telecom Egypt's first-quarter net profit rose 9.9 percent to 604 million Egyptian pounds ($79.16 million), it said on Wednesday.
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The landline monopoly, in which the government owns an 80 percent stake, posted consolidated revenue of 2.76 billion pounds, up from 2.56 billion a year earlier.

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($1 = 7.63 Egyptian pounds)

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