Telecom Egypt has reported a 24% year-on-year increase in consolidated revenue for the twelve months ended 31 December 2021, with the operator saying growth had been ‘mainly driven by a 39% y-o-y increase in data revenues and the doubling of cable projects revenues’. For the twelve-month period under review, the carrier recorded consolidated revenues of...
Chief executive officer (CEO) of the Egyptian Space Agency Mohamed el Qousi said on Monday Egypt is working on a key project related to building 35 education satellites for the benefit of students, specialists and engineers to give them the opportunity to learn, perform programming, and control those satellites. The move comes as part of...
Egypt intends to revamp its telecommunications and technology, through increased investment flows and cooperation with countries such as Belarus and increase the amount the industry contributes towards the country’s GDP. Buoyed by fast growth rates for the ICT sector in the past two years, the North African country is seeking closer cooperation with Belarus for...
Three Egyptian mobile network operators (MNOs) that were confirmed to have secured new spectrum in the 2600MHz band in November 2020 will receive a first portion of the frequencies within three months. According to Daily News Egypt, which cites a ‘government official in the telecommunications sector’, Etisalat Misr, Telecom Egypt and Vodafone Egypt will receive...
Vodafone Group announced today (21 December 2020) that its discussions with Saudi Telecom Company (stc) regarding the potential sale of Vodafone’s 55% shareholding in Vodafone Egypt have been terminated. Vodafone Group CEO Nick Read added in a note to the London Stock Exchange: ‘We believe that the Egyptian government is committed to an optimal framework for the...
Egyptian mobile operator Etisalat Misr has agreed to acquire a 2600MHz TDD mobile broadband spectrum licence with 20MHz bandwidth at a cost of USD325 million, it was confirmed by the National Telecommunications Regulatory Authority (NTRA). Last week, two other Egyptian cellcos, Vodafone and Telecom Egypt, issued statements confirming their new allocations of 2600MHz TDD frequencies under ten-year licences, with...
The Egyptian telecoms regulator has awarded Telecom Egypt, Vodafone Egypt, Orange Egypt and Etisalat Misr new telecom frequencies. The resources, the total cost of which is estimated at $ 1.1 billion, will enable telephone operators to improve the quality of services. Telecom Egypt, Vodafone Egypt, Orange Egypt and Etisalat Misr have obtained new telecom frequency spectra...
Vodafone Group has announced that its Egyptian unit has been awarded a 40MHz block of 2.6GHz TTD spectrum by the National Telecommunications Regulatory Authority (NTRA). In a press release regarding the matter, the British company confirmed that Vodafone Egypt has been awarded the new frequencies under a ten-year licence, valid through to 2030, for an initial payment...
Telecom Egypt has announced that is constructing what it claims will be the country’s largest international data centre. In a press release regarding the matter, the operator noted that with the new data centre expected to be commissioned in early 2021, ‘with access to all the global submarine cable systems that land in Egypt,’ it...
Following reports last month that Telecom Egypt and Vodafone Egypt had both made bids for new spectrum in the 2600MHz band, local press reports are now claiming that Orange Egypt and Etisalat Misr have officially requested additional frequencies being offered by the National Telecommunications Regulatory Authority (NTRA). According to Masrawy, which cited an unnamed official...
