Egypt to grant Telecom Egypt mobile licence [Khaleej Times (United Arab Emirates)]
(Khaleej Times (United Arab Emirates) Via Acquire Media NewsEdge) Egypt will grant Telecom Egypt a licence by mid-2013 to provide mobile services and will later let mobile companies offer fixed-lined services using Telecom Egypt's infrastructure, the industry regulator said.
Landline monopoly Telecom Egypt, 80 per cent owned by the state, has been relying on its data business to boost revenue. "Telecom Egypt will be granted the right to offer mobile telephone services," Amr Badawy, the executive chairman of Egypt's telecom regulator, on Wednesday, adding that the offer would be 'executed by mid-2013'.
"Mobile companies will also be given the right to get a licence to offer fixed-lined services using the infrastructure of Telecom Egypt," he added without giving a timeframe.
Egypt has three mobile operators: Vodafone Egypt, Mobinil, which is controlled by France Telecom, and etisalat.
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