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Egypt Protests

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Telecom Egypt profits drop

The protests and ousting of Egypt’s government has already taken its toll on the country’s economy. On Wednesday, Telecom Egypt reported a 10 percent drop in first quarter profits, citing the protests in January and February as having a direct…

Egyptian censor-busting site hacked

A Morocco-based website designed to give Egyptians the ability to get around their government’s jamming of Internet sites was brought down on Friday by a sophisticated cyber-attack, the website’s managing director said. “Someone got into the site about four o’clock…

Egypt: Vodafone denies Mubarak’s have stake

Vodafone Egypt denied reports on Tuesday, saying that no member of the Mubarak family owns any part of the company. According to an official spokesperson of Vodafone, Vodafone Egypt’s current shareholders structure constitutes of Vodafone Group with 54.93 percent (Vodafone…

Egypt Telecom workers join protests

Telecom Egypt workers protested low wages on Tuesday as protests in the country enter their 15th day. It comes on the back drop of continuing dismal wages for the employees at the state-owned company. “We have been waiting far too…