Landline monopoly Telecom Egypt posted a first quarter net profit of 992 million Egyptian pounds, the firm said on Thursday, a 3 per cent increase on a year earlier. The firm had revenue of 2.503 billion pounds and earnings before interest, taxation, depreciation and amortisation (EBITDA) of 1.440 billion pounds. It said it had 9.3 million fixed-line subscribers at end-March.