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Egypt's unified license details announced in the absence of mobile operators [AmCham Egypt Project News]
[April 03, 2014]

Egypt's unified license details announced in the absence of mobile operators [AmCham Egypt Project News]


(AmCham Egypt Project News Via Acquire Media NewsEdge) Egypt's government announced the approval and details of a controversial unified license for the telecommunications sector Wednesday despite the absence of the country's three mobile operators. The unified license will give mostly state-owned Telecom Egypt (TE) the right to provide its own mobile services in exchange for a LE2.5 billion fee. In return, the unified license will allow Egypt's three privately-owned mobile operators, the Egyptian Company for Mobile Services (Mobinil), Vodafone Egypt, and Etisalat Misr, to build a virtual network to provide landline services, using Telecom Egypt's existing fixed network, for a fee of LE100 million for each company. In addition, the license offers building and renting infrastructure for a fee of LE300 million.



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