# Telecom Egypt

Telecom Egypt is a Corporate Investor based in Cairo, Egypt.

## Overview

- **Organization type:** Corporate Investor
- **Headquarters:** Cairo, Egypt
- **Region:** Middle East
- **Address:** B7, Smart Village Alexandria Road, K28, Cairo, Egypt
- **Founded:** 1854
- **Assets under management:** 3727 (Altss estimate)
- **Website:** www.te.eg
- **LinkedIn:** https://eg.linkedin.com/company/telecom-egypt

## Regulatory record

- **Reports private funds:** No

## About

Telecom Egypt was established in 1854. Tamer El Mahdi joined as CEO after leading Orascom Telecom Media and Technology. The Ministry of Communications and Information Technology holds 70 percent. The firm allocates across telecommunications infrastructure, data centers, and operating subsidiaries. Confirmed positions include full ownership of TE Data and 97.66 percent of Xceed. It also holds a 44.95 percent stake in Vodafone Egypt valued at 1.3 billion USD. Geographic exposure centers on Egypt with additional operations in France. The firm employs an undisclosed number of professionals and maintains its headquarters in Cairo. It sponsored Cairo ICT in November 2024. Telecom Egypt Foundation directs giving toward education, health, and climate projects in Egypt. Majority government ownership creates a distinct mandate focused on national digital infrastructure rather than pure financial returns.

## Sectors

- Telecoms
- Information Technology
- Media

## People

- Lobna Helal — Chairperson of the Board
- Tamer El Mahdi — Managing Director and CEO

## Questions

### Who runs investment decisions at Telecom Egypt?

Tamer El Mahdi serves as Managing Director and CEO. Lobna Helal chairs the board. Both are named in the firm's governance records.

### Does Telecom Egypt participate in fund commitments or only direct deals?

The firm executes direct ownership in subsidiaries and infrastructure. Holdings include 100 percent of TE Data and 99 percent of Egyptian International Submarine Cables Co.

### Where does the underlying ownership come from?

The Ministry of Communications and Information Technology holds 70 percent. Remaining shares trade publicly.

### What investment stages does Telecom Egypt typically target?

The firm focuses on expansion and late-stage opportunities in telecommunications and related infrastructure.

### How is Telecom Egypt related to 4iG Group?

The two formed a joint venture for a 600 million USD fiber network project in Egypt.

## Related profiles

- [O1 Group](https://altss.com/profile/o1-group)
- [Montana Capital Partners](https://altss.com/profile/montana-capital-partners)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/telecom-egypt

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