Telecom Egypt S.A.E. Global Depositary Receipt (Reg S) (TEEG)

Overview

Telecom Egypt S.A.E. Global Depositary Receipt (Reg S) offers an innovative financial instrument that represents an equity interest in Telecom Egypt, a cornerstone of the Egyptian telecommunications sector. This structure as a global depositary receipt (GDR) facilitates international investment by translating ownership into a form that's accessible outside of Egypt, leveraging the regulatory framework of Reg S to appeal to global investors. Specifically, each GDR corresponds to five ordinary shares of Telecom Egypt and is transacted in U.S. dollars, simplifying the process for investors to engage with the Egyptian market. Telecom Egypt itself is an integrated service provider delivering a wide array of telecommunications services, including but not limited to, fixed-line, mobile, internet, and data solutions. It plays an integral role in Egypt's digital and physical connectivity, underpinned by its extensive subsea cable networks and strategic partnerships, notably its partnership with Vodafone Egypt. The company has a rich legacy in the region, maintaining its market leadership through continuous innovation and expansion into new digital arenas.

Products and Services

• Fixed-line Telephony

As the backbone of telecommunications in Egypt, Telecom Egypt's fixed-line telephony services ensure reliable communication across the nation. This foundational service facilitates both personal and business communications, delivering quality and connectivity at the core of Egypt's communication infrastructure.

• Mobile Communications

Expanding into the mobile domain, Telecom Egypt offers comprehensive mobile services, including voice and data, through its strategic ownership stake in Vodafone Egypt. This partnership enriches its portfolio, providing customers with seamless mobile experiences and access to cutting-edge technology.

• Broadband Internet

Understanding the critical role of internet connectivity in modern society, Telecom Egypt offers high-speed broadband internet services. This empowers individuals, businesses, and government entities with fast, reliable access to the internet, supporting Egypt's growth and integration into the digital economy.

• Data Center and Cloud Solutions

Telecom Egypt's data center and cloud solutions cater to the growing needs for data storage and computing services. By providing secure and scalable infrastructure, the company supports businesses in their digital transformation journeys, ensuring they have the resources to manage and analyze data effectively in a digital age.