Mobile market loses 360,000 clients in August

Daily News Egypt
2 Min Read
hands texting with mobile phones in cafe

The number of mobile subscribers in Egypt declined to 99.5 million in August, down from 99.86 million in July, according to a report by the Ministry of Communication and Information Technology.

According to the report, the mobile market lost some 360,000 clients in August compared to July.

Despite the drop in mobile subscribers, Vodafone was the only one among the three mobile subscribers to attract new customers.

Vodafone was able to attract 103,000 new subscribers, raising the client base count from 42.2 million in July to 42.3 million in August.

Orange was the company with the biggest loss in its customer base, with 400,000 clients leaving the company in August, dropping its subscribers from 33.4 million in July to 33 million in August. Etisalat also lost 100,000 customers, going down from 24.1 million in July to 24 million in August.

The three mobile operators, along with Telecom Egypt, began to provide 4G services. Orange and Etisalat received 10 MHz of frequency bands for the 4G services, while Vodafone received 5 MHz.

TE got the 4G licence for EGP 5.5bn and 15 MHz in bandwidth, in addition for EGP 2.2bn for the licence itself, leaving the price of bands at $626.4m and a MHz price of $41.7m.

 

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