Etisalat by e& aims to increase its money transfer proceeds to 10% of total revenues by 2025

  • Date: 15-Feb-2023
  • Source: Zawya
  • Sector:Retail
  • Country:Egypt
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Etisalat by e& aims to increase its money transfer proceeds to 10% of total revenues by 2025

Ahmed Yehia, CEO of the Retail Sector at Etisalat by e&, has said that the company has 30 million customers now, its cellular towers increased by more than 35% compared to last year, and the number of VoLte technology users increased by more than 250%.

He explained that Etisalat Cash services achieved a significant growth that reached 400% nationwide, and the company also aims for this sector to achieve at least 10% of Etisalat’s revenues during the year 2025, pointing out that the My Etisalat application witnessed an increase in the percentage of the customer base of digital services by more than 20% compared to 2021.

He added that the company seeks to diversify its range of products offered to individual and institutional clients, and attaches great importance to the financing sector. Sovereignty to provide job opportunities for young people and entrepreneurs and help them obtain the necessary financing.

The company also recently announced the start of Etisalat Global Services, a company to provide outsourcing services to companies of different nationalities around the world, as part of its endeavor to attract foreign currency to the Egyptian market, for the company to provide its services to the Egyptian market and international markets as one