Telecom

Sector Valuation

Company Name Rating Country Currency CMP
(Local Currency)		 Market Cap
(USD m)		 Target Price
(Local Currency)		 PER
(x)		 ADVT 3m
(Volume)		 Estimates
Last Updated On		 ROE
(Fwd) (%)
Emirates Integrated Telecommunications (du) ACCUMULATE UAE AED 10.68 13,179,994,019 11.50 28.11 1,725,280 24-Apr-26 33.10
Etihad Etisalat Co (Mobily) HOLD Saudi Arabia SAR 65 13,344,531,187 72.00 1625.00 911,268 9-Apr-26 18.55
ETISALAT Group (e&) HOLD UAE AED 18.82 44,559,884,163 22.00 11.27 3,438,329 27-Feb-26 23.44
Saudi Telecom Co (STC) BUY Saudi Arabia SAR 43.54 58,044,044,745 50.00 20.42 2,827,043 9-Apr-26 17.16
Space42 PLC UNDER REVIEW UAE AED 1.51 1,957,604,583 UNDER REVIEW NA 3,898,192 UNDER REVIEW (7.44)
Telecom Egypt HOLD Egypt EGP 93.5 2,978,415,464 89.00 44.52 1,524,384 2-Mar-26 41.17
Show more

Recent Research

  • Saudi Flag
    FIRST LOOK NOTES
    29 Apr 2026
    Etihad Etisalat Co (Mobily)
    ACCUMULATE
    SAR 66.40
    SAR 75.00
    +12.95%

    Saudi Equity Research - Etihad Etisalat (Mobily) 1Q26 - First Look Note

    Wholesale segment revenue increased 17.7% YOY to SAR 604 Mn in 1Q26, driven by higher demand for connectivity and cloud-based services. Mobily’s mobile subscriber base increased by 16.2% YOY to 15.1 Mn, comprising 13.0 Mn prepaid and 2.1 Mn postpaid subscribers, while the FTTH subscriber base grew 7.1% YOY to 311K in 1Q26.
    Download
  • UAE Flag
    FIRST LOOK NOTES
    24 Apr 2026
    Emirates Integrated Telecommun...
    ACCUMULATE
    AED 10.48
    AED 11.50
    +9.73%

    UAE Equity Research - Emirates Integrated Telecommunications Co (DU) 1Q26 - First Look Note

    Du's mobile subscriber base grew 6.1% YOY to 9.7 Mn in 1Q26, due to steady growth across both prepaid & postpaid segments. January–February recorded strong growth, outperforming full-year guidance, driven by robust demand and strong commercial momentum.
    Download
  • UAE Flag
    EARNINGS CALL INSIGHT
    24 Apr 2026
    Emirates Integrated Telecommun...
    ACCUMULATE
    AED 10.48
    AED 11.50
    +9.73%

    UAE Equity Research - Emirates Integrated Telecommunications Co PJSC (DU) 1Q26 - Earnings Call Insight

    DU’s revenue increased 6.9% YOY to AED 4.1 Bn in 1Q26, driven by strong performance across Mobile, Fixed, and ICT services, partially offset by a decline in Wholesale revenues. Mobile Services revenue grew 7.2% YOY to AED 1.8 Bn in 1Q26, supported by subscriber base growth and a favourable mix shift toward postpaid.
    Download
  • UAE Flag
    SECTOR NOTE
    09 Apr 2026
    Telecom

    MENA Equity Research - Telecom Sector 1Q26 - Preview Note

    The telecom sector across United Arab Emirates, Saudi Arabia, and Egypt is transitioning into a more resilient and structurally robust growth phase, underpinned by continued expansion in subscriber bases, accelerating data consumption trends, and an increasing focus on enterprise-led digital solutio...

    Download
  • Egypt Flag
    FIRST LOOK NOTES
    02 Mar 2026
    Telecom Egypt
    HOLD
    EGP 89.00
    EGP 95.00
    +6.74%

    Egypt Equity Research - Telecom Egypt (ETEL) 4Q25 - First Look Note

    The company expects revenue growth in high single digit and EBITDA margin in low 40’s in 2026. Fixed line ARPU rose 35.2% YOY to EGP 329.3, and fixed data ARPU rose 30.1% YOY to EGP 48.74 in 4Q25.
    Download
  • Saudi Flag
    FIRST LOOK NOTES
    27 Feb 2026
    Saudi Telecom Co (STC)
    BUY
    SAR 41.82
    SAR 50.00
    +19.56%

    Saudi Equity Research - Saudi Telecom Company (STC) 4Q25 - First Look Note

    Mobile subscribers in KSA rose 5.9% YOY to 30.0 Mn in 4Q25, while fixed subscribers expanded 5.0% YOY to 6.0 Mn. The Company entered into a strategic partnership with AST SpaceMobile in 4Q25 to deliver space-based telecommunications services.
    Download
Load more reports

Advance Search

Search Company

List of companies
Search result
Commercial International Bank (COMI) Telecom Egypt