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Pin to quick picksTelecom Egypt S Regulatory News (TEEG)

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TE APPOINTS NEW CFO

13 Jun 2007 07:02

Telecom Egypt S.A.E13 June 2007 TAREK TANTAWY APPOINTED TELECOM EGYPT's VICE PRESIDENT & CFO EFFECTIVE FROM 12th JULY 2007 Cairo, 13th June, 2007: Telecom Egypt (TE) (Ticker: ETEL.CA; TEEG.LN), todayannounced that Ali Salama, Vice President & Chief Financial Officer, since 2000,will be retiring from his post effective from 12th July, 2007 Telecom Egypt also announced that Tarek Tantawy has been appointed as Salama'ssuccessor and will act as Vice President & Chief Financial Officer with effectfrom 12 July, 2007. Having been with the company since 2002, Tantawy was appointed Director ofInvestment, Treasury & Investor Relations in 2006. Previously, he held theposition of Assistant Vice President at Sigma Capital Investment Banking wherehe was engaged in several visible corporate finance transactions and also heldthe position of Senior Consultant at FinRate Consulting in the Corporate FinanceDivision. During his tenure with Telecom Egypt, Tantawy was a key team member inseveral landmark transactions including overseeing and managing theprivatization of Telecom Egypt through an international Initial Public Offeringin the Cairo and Alexandria Stock Exchanges and London Stock Exchange with atotal transaction value of US$ 900 million, issuing Egypt's largest evercorporate bond (transaction size EGP 2bn) and acquiring a 44.8% strategic stakein Vodafone Egypt. Tarek also served and continues to serve as a board ofdirectors' member in several leading companies in Egypt. Tantawy holds a Mastersin Business Administration from Edinburgh Business School (Heriott WattUniversity) in the UK and B.Sc. in Construction Engineering from the AmericanUniversity in Cairo. He is a Chartered Financial Analyst (CFA) and a member ofCFA Institute. Commenting on the changes to Telecom Egypt's Senior Management Team, AkilBeshir, Chairman and CEO of Telecom Egypt, said: "Ali Salama has served with distinction as Telecom Egypt's VP & Chief FinancialOfficer for over seven years. He has made a substantial contribution to ourbusiness, advancing our financial analysis systems and ensuring the company'squality of reporting during our first years as a public company has beenconsistent, and constantly improving. He has been a committed advocate of ourinvestor relations programme, helping us to become one of the mostinternationally visible Egyptian quoted companies. We thank him for all he hasdone for Telecom Egypt and wish him well in the future." Beshir added: "Furthermore, I am delighted to find in his replacement, TarekTantawy, an able and diligent financial operator. His considerable knowledge ofthe telecommunications industry and his unwavering commitment to ensure that thehighest standards are met, and exceeded, make for a compelling new appointment.I am personally looking forward to his contribution and to working with him inthis new role." - Ends - For further information: Investor Relations Contacts Eman AnisInvestor Relations ManagerTelephone: +202 25788787Fax: +202 25789314E-mail: investor.relations@telecomegypt.com.eg Notes to Editors: Telecom Egypt's Senior Management Team From 12th July 2007, the Telecom Egypt's senior management team will be asfollows: Akil Hamed Beshir, Chairman & CEO Mohammed Abdel Rehim Hassanein , Vice President; Operation & Maintenance Dawlat Abdel Hameed El Badawi , Vice President; Project Planning Tarek Tantawy, CFA, Vice President & Chief Financial Officer Abdel Hamid Mahmoud Hamdy , Vice President; Human Resources & AdministrativeAffairs Sanaa Soliman, Vice President; Follow up & International Projects Sayed Dessouky , Vice President; Projects' Implementation Mohamed Elnawawy , Vice President; International & Regulatory Affairs Khaled Marmoush, Vice President; Information Technology Fouad Yasser El Badrawy, Vice President; Commercial Affairs About Telecom Egypt Telecom Egypt (TE), Egypt's incumbent telecommunications operator, started itsoperations in 1854 with the first telegraph line in Egypt. Then it wascorporatized in 1998 to replace the former Arab Republic of Egypt NationalTelecommunication Organization (ARENTO). The Company is the largest provider offixed-line services in the Middle East and Africa with 10.9 million subscribersas at the end of March 2007 representing a teledensity of 15%. TE provides retail telecommunication services including access, local, longdistance and international voice, Internet and data, and other services. Thecompany also provides wholesale services including bandwidth capacity leasing toISPs, and national and international interconnection services. Telecom Egypt'sservices also include the provision of narrowband and broadband internet accessthrough its subsidiary TE Data. TE Data has active operations in Egypt andJordan. TE currently participates in the mobile segment in Egypt by providing mobileinterconnectivity through its current, increased 44.79% holding in VodafoneEgypt, one of the two existing Egyptian mobile operators. TE's shares and GDRs (Ticker: ETEL.CA; TEEG.LN) are traded on the Cairo andAlexandria Stock Exchanges and the London Stock Exchange. This information is provided by RNS The company news service from the London Stock Exchange
Date   Source Headline
13th Aug 201410:38 amRNSInterim Dividend Statement
13th Aug 20147:45 amRNSQ2 2014 Consolidated Results
13th Aug 20147:00 amRNSQ2 2014 Consolidated Results
24th Jul 20149:00 amRNSNotice of Q2 2014 Results
19th May 20143:45 pmRNSSecond Price Monitoring Extn
19th May 20143:40 pmRNSPrice Monitoring Extension
15th May 20147:00 amRNSFull Year 2013 IFRS Consolidated Results
13th May 20147:31 amRNS1st Quarter Results
6th May 20149:18 amRNSApproval of payment for mobile license
6th May 20147:01 amRNSApproval of payment for mobile license
2nd May 20143:45 pmRNSSecond Price Monitoring Extn
2nd May 20143:40 pmRNSPrice Monitoring Extension
28th Apr 20147:00 amRNSNotice of Q1 2014 Results
10th Apr 20147:00 amRNSAnnouncement of Dividend Distribution Dates
3rd Apr 201411:29 amRNSEgyptian government approves Total Telecom License
31st Mar 20141:19 pmRNSResolutions of the Ordinary General Meeting
13th Mar 20143:55 pmRNSResolutions of Extraordinary General Meeting
13th Mar 201410:42 amRNSInvitation to attend Ordinary General Assembly
12th Mar 20147:11 amRNSFull Year 2103 Consolidated Results
12th Mar 20147:11 amRNSProposed Resolutions for OGM
26th Feb 20147:00 amRNSTelecom Egypt Notice Of FY 2013 Results
25th Feb 20147:00 amRNSTelecom Egypt EGM Invitation
20th Feb 20149:19 amRNSEGX Approves Proposed Changes to Articles
17th Feb 20147:00 amRNSTE Nine Months 2013 IFRS Consolidated Results
12th Feb 20147:00 amRNSProposed Amendments to Articles of Association
10th Feb 20148:07 amRNSTelecom Egypt Reaches A $12.535 Million Settlement
3rd Feb 20148:01 amRNSTelecom Egypt signs two agreements with OTMT
28th Jan 20148:03 amRNSTelecom Egypt to construct new high capacity cable
31st Dec 201310:12 amRNSStatement Regarding Total Telecom License in Egypt
11th Dec 20133:40 pmRNSPrice Monitoring Extension
14th Nov 20131:48 pmRNSSix Months 2013 IFRS Consolidated Results
13th Nov 20137:00 amRNSte Q3 2013 Consolidated Results
12th Nov 201311:30 amRNSte Historical Revenues: New Reporting
8th Nov 201312:07 pmRNSTelecom Egypt Clarifies Obligations Regarding VFE
30th Oct 20138:38 amRNSNotice of Results
22nd Aug 20133:45 pmRNSSecond Price Monitoring Extn
22nd Aug 20133:40 pmRNSPrice Monitoring Extension
14th Aug 20137:03 amRNSTE Q2 2013 Consolidated Results
31st Jul 20131:06 pmRNSNotice of Results
18th Jul 20132:23 pmRNSTelecom Egypt & Etisalat Misr Sign Agreement
1st Jul 20133:45 pmRNSSecond Price Monitoring Extn
1st Jul 20133:40 pmRNSPrice Monitoring Extension
1st Jul 20131:30 pmRNSTelecom Egypt Launches New Company Logo
18th Jun 20138:00 amRNSChange to Board of Directors
16th May 20131:45 pmRNSFull Year Results 2012 IFRS Consolidated Results
14th May 20137:03 amRNSTE Q1 2013 Consolidated Results
8th May 20134:11 pmRNSNotice of Q1 2013 Results - change in timing
29th Apr 20133:00 pmRNSNotice of Results
9th Apr 20138:15 amRNSTE Dividend Distribution Dates
27th Mar 20139:55 amRNSTE 2013 OGM Resolutions

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