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4-Traders Homepage  >  Shares  >  CAIRO AND ALEXANDRIA STOCK EXCHANGE  >  Telecom Egypt Company    ETEL   EGS48031C016

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Telecom Egypt's mobile phone service license first quarter of 2016

08/24/2015 | 12:54pm US/Eastern

Communications and Information Technology Minister Khaled Negm said on Monday that the government is issuing the mobile phone service license for Telecom Egypt in the first quarter of 2016 when 4G network service is introduced in Egypt. The new license would allow Telecom Egypt, the public landline monopoly, to compete with the three mobile providers such as Etisalat, Vodaphone and Mobinil. In 2008, Mobinil was the first to launch the 3G service in Egypt. Negm added that the National Telecommunications Regulatory Authority is also considering new licenses for high-speed Internet services.  Edited translation from Al-Masry Al-Youm 

(c) 2015 Egypt Independent. All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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