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Telecom Egypt chose IBM automation technologies to upgrade its OSS systems across mobile, fixed and core networks to enable the operator to reduce operational costs and minimise the time in finding and fixing network incidents.
RIYADH: Strong operational performance has driven Telecom Egypt’s net profits to an annual increase of 74 percent during the year 2021. The net profit of Egypt’s primary telecom company has reached 8.4 billion Egyptian pounds ($535 million), the company said in a statement. The rise in profit came in line with a 16 percent surge in revenues year-on-year, reaching 37 billion