Egypt’s three established cell phone operators have declined to purchase fourth-era (4G) service licences, two Egyptian telecoms officers informed Reuters on Thursday.
The businesses, Vodafone, Orange and Etisalat, didn’t reply to repeated requests for remark. The Egyptian officers declined to be named as no official announcement had but been made.
The Egyptian authorities is promoting 4 4G licenses as a part of an extended-awaited plan to reform the telecoms sector and Thursday was the deadline for the three cellular corporations to answer the federal government’s supply.
Egypt gave corporations that already function within the nation precedence in acquiring 4G licences however has stated it can launch a world tender ought to any of them decline the supply.
Telecom Egypt, the nation’s fastened-line monopoly, final month acquired its 4G licence at a price of seven.08 billion Egyptian kilos ($797 million). The transfer will permit it to enter the cell phone market immediately for the primary time.
However the three established cellular operators objected to some licence phrases, which the federal government revised final month.
Kuwaiti cellular operator Zain, China Telecom , Saudi Telecom and Lebara KSA have all expressed an curiosity in buying Egyptian 4G licences ought to the established carriers reject them.
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Supply: Press Launch