Telecom Egypt, the mobile network operator with the largest fixed line subscriber base — in excess of 12 million subscribers — in the Middle East and Africa, has appointed Omar El-Sheikh as its new chairman.
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El-Sheikh assumed his new role as non-executive chairman of Telecom Egypt (TE) on October 1, 2012, the company said.
With 36 years of telecommunications industry experience, El-Sheikh is a former public relations director at Vodafone Egypt. He replaces Akil Beshir who resigned last month after a 12-year tenure.
El-Sheikh’s predecessor had recently been under a lot of pressure after he was amongst those targeted during recent labour action by TE staff as they demonstrated against alleged corruption.
He worked three years at Vodafone Egypt and has also held positions at NCR Saudi Arabia, Intertec Egypt and Kodak Egypt.
Egypt’s Minister of Communications and Information Technology Hany Mahmoud said: “(He) brings extensive experience of the global telecommunications and information technology industry to Telecom Egypt and is ideally placed to oversee the continued success of the business.”
On his appointment El-Sheikh said, “TE is well positioned to continue to deliver excellent services to its domestic and international customers, to provide regular returns to its shareholders and to offer a compelling and forward- looking place to work for its employees,”.
TE last month reported a 25 per cent fall in its second-quarter net income, pushed lower by a 7.9 per cent fall in revenues and employee demands for higher pay.
