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Egypt prices 4G licence at EGP 3.54 bln
2016-06-20 09:01:00| Telecompaper Headlines
(Telecompaper) Orange Egypt said that Egypt's telecommunications regulator has set the price of a licence to provide 4G mobile services at EGP 3.54 billion, half of which must be paid in dollars. It said in a statement on the Egyptian stock exchange that the regulator had set the cost of acquiring a fixed line licence at EGP 100 million and the cost of a licence to offer customers international calls at EGP 1.8 billion, Reuters reported. A spokesman for the regulator has confirmed that it approached the three companies that currently offer mobile services in Egypt about applying to buy 4G licences but did not give details or prices. Telecom Egypt (TE) also said it had received a letter from the National Telecommunications Regulatory Authority (NTRA) concerning its right to obtain a licence to provide 4G services.
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Category:Telecommunications