Telecom Egypt and MVNO license

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Telecom Egypt and MVNO license Telecom Egypt and MVNO licenseTelecom Egypt and MVNO license

 

11 July 2011

Egypt's revolution has not reduced Telecom Egypt's plans to move further into mobile phone services; the company set a purpose to secure a mobile virtual network license by the end of the year.
The mainly state-owned landline company-monopoly relies on data services to offset reduced fixed-line income and intends to establish a mobile operation in order to increase longer-term growth perspectives.
Telecom Egypt has a 45% share in Vodafone's Egyptian mobile venture but without management control.
According to the company’s officials, the goal is to transform the 80% state-owned company to a "total telecom service provider".
Mobinil and Vodafone Egypt dominate on Egyptian mobile market, followed by Etisalat Misr.
A year ago Telecom Egypt offered to purchase Vodafone's 55% share in Vodafone Egypt but companies didn’t agree on a price.

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