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Telecom Egypt Clarifies Data Center Rumors While Announcing Record Profits
Telecom Egypt recently addressed rumors about potentially converting its data center complex into a cash-generating asset, stating there are no official updates or decisions right now. Meanwhile, the company shared some fantastic financial news, reporting record annual profits and significant revenue growth. They're also looking ahead, setting ambitious targets for capital spending and free cash flow, showing a clear strategy for boosting operational efficiency and investment capacity.