Telecom EgyptE (STU:T4V1) Construction In Progress : €415 Mil (As of Mar. 2024)

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What is Telecom EgyptE Construction In Progress?

Telecom EgyptE's quarterly construction in progress increased from Sep. 2023 (€411 Mil) to Dec. 2023 (€504 Mil) but then declined from Dec. 2023 (€504 Mil) to Mar. 2024 (€415 Mil).

Telecom EgyptE's annual construction in progress declined from Dec. 2021 (€351 Mil) to Dec. 2022 (€347 Mil) but then increased from Dec. 2022 (€347 Mil) to Dec. 2023 (€504 Mil).

Telecom EgyptE Construction In Progress Historical Data

The historical data trend for Telecom EgyptE's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Telecom EgyptE Construction In Progress Chart

Telecom EgyptE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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382.20

345.82

350.73

347.26

503.63

Telecom EgyptE Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Construction In Progress	Get a 7-Day Free Trial															332.67	449.79	411.00	503.63	414.88

Telecom EgyptE Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Telecom EgyptE (STU:T4V1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Telecom Egypt SAE (STU:T4V1) » Definitions » Construction In Progress

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ETEL:Egypt

Address

B7 Building, Smart Village, K28 Cairo-Alexandria Desert Road, Cairo, EGY, 12577

Website

https://www.te.eg

Telecom Egypt SAE is the country's sole provider of fixed-line voice telecommunication services, where it generates the vast majority of its revenue. The company provides voice services, Internet, and data services in three segments: Communications marine cables and infrastructure services, Internet services, Outsourcing services. Additionally, because of Telecom Egypt's ownership of telecommunication infrastructure, there is wholesale revenue. This constitutes the majority of overall company revenue.

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