Slide 1: Results Presentation Q2 2025
Results Presentation = telecomegypt Q2 2025
Slide 2: Disclaimer
Disclaimer This document has been prepared by Telecom Egypt (hereinafter referred to as the “Company” or “TE”) exclusively for informational purposes. The content of this document has not been independently verified. It contains forward-looking statements concerning the Company’s future business, fi
Slide 3: H1 2025 Results Highlights
H1 2025 Results Highlights Solid Growth with Enhanced Profitability Normalized Net Revenue (EGP bn) EBITDA (EGP bn) Customers (mn) Profit (EGP bn) Fixed Voice: 13.6 (6% YoY) 50.6bn 22.1bn 10.3bn Fixed Data: 10.6 (8% YoY) +33% YoY +43% YoY 50% YoY Mobile: 14.6 (12% YoY) Total revenue grew 33% EBITDA
Slide 4: Main Events Year to Date
Main Events Year to Date Main Events 02 Jul 2025: SEA-ME-WE-6 Subsea Cable 11 Jun 2025: PCCW Global, Sparkle, Telecom Completes its Two Landings and Crossing Egypt and ZOI to Construct AAE-2 Subsea Activities in Egypt Cable Linking Asia, Africa, and Europe Telecom Egypt, the total telecom operator i
Slide 5: Main Events Year to Date
Main Events Year to Date Main Events 23 Jan 2025: Telecom Egypt Activates 18 Jan 2025: Telecom Egypt Awarded ‘Best Mediterranean Subsea Link on 2Africa Investor Relations – Telecom Company’ at Using Cisco Technology the International Finance Awards 2024 Telecom Egypt announced the activation of a Te
Slide 6: Financial Highlights
Financial Highlights Revenue EBITDA (In EGP mn) +26.1% +33.3% (In EGP mn) +38.1% +43.1% +4.0% +3.5% 50,597 22,116 37,953 15,453 24,798 25,799 10,870 11,246 20,466 8,143 Q2 2024 Q1 2025 Q2 2025 H1 2024 H1 2025 Q2 2024 Q1 2025 Q2 2025 H1 2024 H1 2025 * Operating Profit Net Profit (In EGP mn) (In EGP m
Slide 7: Customer Base and ARPU
Customer Base and ARPU Fixed Line Fixed Broadband (In 000s) (In 000s) +6.1% +7.7% +1.8% +1.8% 10,560 13,575 10,376 10,255 13,339 13,217 10,032 12,941 9,806 12,792 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Mobile ARPU (In 000s) (In EGP) +11.7% Fixed Line ARPU +2.
Slide 8: Total Revenues H1 2025 YoY
Total Revenues H1 2025 YoY (EGP mn) +33% 724 675 2,980 620 7,645 Cable Projects +354 Transit Cables O&M 50,597 Voice Voice +261 Infrastructure & +667 + 960 +115 Transmission 37,953 +662 Incoming Int’l Capacity Sales Data Data -466 +2,201 + 6,685 + 331 Int’l Voice Services Outgoing Int’l Data Center
Slide 9: Total Revenues Q2 2025 YoY
Total Revenues Q2 2025 YoY (EGP mn) +26% 211 213 -294 1,242 3,960 Cable Projects +275 Cables O&M 25,799 Voice Voice Transit +89 Infrastructure & + 493 +57 +328 20,466 Transmission -287 Capacity Sales Data Data Incoming Int’l +852 -235 + 3,466 + 167 Int’l Voice Outgoing Int’l Data Center Services Oth
Slide 10: Revenue by Business Unit
Revenue by Business Unit Retail Segment Drives Sustained Growth International International Customers & Home & Consumer Enterprise Domestic Carriers Affairs Networks +44.6% +44.8% +9.8% +14.9% -11.1% +15.4% +34.4% +47.2% +6.7% +12.0% +8.3% -0.6% -13.2% +9.1% -0.5% 24,700 5,050 9,301 6,759 4,787 6,03
Slide 11: Income Statement (H1 2025)
Income Statement (H1 2025) In EGP mn H1 2025 H1 2024 YoY Q2 2025 Q1 2025 Q2 2024 QoQ YoY • Top-line revenue witnessed a significant 33% YoY increase, driven by a 39% YoY increase in Revenue 50,597 37,953 33% 25,799 24,798 20,466 4% 26% Retail revenue and a 26% YoY increase in Wholesale revenue. Reve
Slide 12: Income Statement (Q2 2025)
Income Statement (Q2 2025) In EGP mn H1 2025 H1 2024 YoY Q2 2025 Q1 2025 Q2 2024 QoQ YoY • Top-line revenue increased by 26% YoY, driven by a 38% YoY increase in Retail revenue and a 12% Revenue 50,597 37,953 33% 25,799 24,798 20,466 4% 26% YoY increase in Wholesale revenue. Data was the key growth
Slide 13: Operating Profit H1 2025 YoY
Operating Profit H1 2025 YoY (EGP mn) +65% -4,639 -1,042 12,644 -300 -172 -1,225 187 13,871 8,417 H1 2024 Operating profit Revenue COGS & call costs Employee costs SG&A Provisions D&A Other Income/Expense H1 2025 Operating profit /ECL reversal 13
Slide 14: Operating Profit Q2 2025 YoY
Operating Profit Q2 2025 YoY (EGP mn) +43% -1,732 -419 -79 -311 5,333 -711 -3 6,878 4,801 Q2 2024 Operating profit Revenue COGS & call costs Employee costs SG&A Provisions D&A Other Income/Expense Q2 2025 Operating profit /ECL reversal 14
Slide 15: Balance Sheet Highlights
Balance Sheet Highlights Total Debt Net Debt (EGP mn) (EGP mn) Short Term Cash Long Term Total Debt 80,950 80,726 Net Debt 2,983 10,978 8,279 9,328 53% 6,811 48% 49,342 -16,321 -30,826 40% -49,342 30,826 16,321 66% 52% 47% -80,726 -80,950 60% %67 33% 34% 13,338 24,015 38,364 72,447 71,622 FY 2021 FY
Slide 16: CapEx Analysis
CapEx Analysis In-Service CapEx Breakdown of In-Service CapEx (EGP mn) Access Network 3% 13% 9,00 0 Capex Capex/sales 200 % Transmission 8,036 180 % 4% 8,00 0 160 % International cable 7,00 0 140 % 6,00 0 4,817 4,530 18% 120 % 62% 5,00 0 4,00 0 100 % Customer care 2,930 80% 3,00 0 2,435 60% 21% Othe
Slide 17: Cash Flow Analysis
Cash Flow Analysis Net Cash from Operating Activities FCFF (EGP mn) (EGP mn) FCFF FCFF Excluding Mobile Licenses 8,057 8,279 ** 1,134 3,556 619 2,063 426 (1,656) * (4,089) 16,803 12,904 10,535 (10,444) 8,326 8,297 H1 2021 H1 2022 H1 2023 H1 2024 H1 2025 H1 2021 H1 2022 H1 2023 H1 2024 H1 2025 **Excl
Slide 18: Our Performance in Context
Our Performance in Context H1 2025 FY 2025 actual budget Revenue growth YoY 33% Low 20s EBITDA margin (%) 44% High 30s In-service: 10% In-service: CapEx/Sales (%) Cash: 28% Low 20s FCFF/EBITDA (%) 36% Early 40s 18
Slide 19: Thank You
Thank You Investor relations team investor.relations@te.eg Check our website: ir.te.eg