By Oxford Business Group A new licence system governing Egypt’s fiercely competitive telecoms sector is expected to be rolled out within weeks, paving the way for mobile and fixed-line operators to vie for each other’s business. While the country has a large consumer population, as penetration has passed 100%, telecoms players have faced an increasingly …
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It has been waiting to launch a new mobile operation that would complement an existing joint venture with Vodafone and compete with the sector’s two other players.
The licence would allow telecommunication companies to operate fixed-line and mobile networks, which would in turn allow Egypt’s fixed-line monopoly Telecom Egypt to offer mobile services.
The last major IPO on the Egyptian exchange was in 2010.
The three mobile companies pay nearly EGP 1.5bn annually to the NTRA in return for licences granted, in addition to the 1% of total revenues paid to support the Information Technology Industry Development Agency, or “ITIDA”.
Reuters – Egypt’s telecoms regulator said it had agreed to issue a unified licence allowing a company to operate fixed-line and mobile networks, and had sent the details of its decision to the cabinet for final approval. The move would allow landline monopoly Telecom Egypt to offer mobile services. “(The decision) will achieve needed development and balance in Egypt’s …
Mobinil Managing Director Ive Gotieh stressed the need to settle all monetary disputes with Telecom Egypt before the latter will provide mobile services. Gotieh stresses that this action will help to maintain “fair competition in the domestic market.”
We have been working with the three major mobile operators on projects ranging from network optimisation to device design and production: Qualcomm
Three major mobile operators are suspected to have engaged in a “cartel agreement”’ in an effort to inflate prices
In coordination with BNP Paribas, Mobinil starts MobiCash service
The mobile operator is still struggling with net losses in the second quarter of 2013
Mobinil releases service quality rankings, detailing dropped calls, voice quality
Vodafone leads sound quality in Cairo
Elnawawy stated: “Egypt’s mobile service providers borrow and use Telecom Egypt’s infrastructure for the purpose of providing telecommunication services on the domestic market.
Roaming charges for Egypt’s three main mobile service providers remain relatively equal
Telecom Egypt claims that the dispute has to do with past arrears accrued by Mobinil and Vodafone, which total EGP 939.4m, in addition to that of Etisalat, which total EGP 125.8m.
Ericsson partnership set to bring high-speed internet services, flexible billing options to 30 million Mobinil subscribers
Mobinil says it respects court decisions but stands by employees’ innocence
Vodafone loses 300,000 customers in January, Mobinil falls by 200,000
Ericsson will be responsible for overseeing the maintenance and repair of all Vodafone and Etisalat facilities, including ensuring an adequate supply of diesel
The Blackberry Z10 possesses a 1.5 gigahertz dual core processor with 2 gigabytes of speed and 16 gigabytes of storage capacity.
The sales tax was initially introduced last December and amounted to 18% for mobile phone calls
Vodafone, Mobinil and Etisalat have offered to use SIM card waves to operate an electronic river traffic management system, the Authority will also consider using radio waves
Both companies failed to extend to the Agency documents it requested for review in the case against Egypt’s three largest mobile carriers, Mobinil, Etisalat and Vodafone
Mobinil facing allegations that it broke the law to become nation’s leading provider
Etisalat Egypt adhered to the demands of their distributors to raise the wholesale price of their products beginning 2013
The Egyptian mobile company has seen decline in losses but still faces a sizable deficit.
By Reuters CAIRO: Egypt’s main index closed virtually unchanged, trading in thin volumes as traders waited for details of a regulatory decision on France Telecom’s bid to buy out most of Orascom Telecom Media and Technology’s (OTMT) stake in Mobinil. The index edged 0.8 percent higher to 4,708 points. The bourse suspended trading in Mobinil …
By Reuters CAIRO: Egypt’s stock exchange has suspended trading in mobile operator Mobinil and Orascom Telecom Media and Technology (OTMT) on the request of the country’s regulator, the exchange said on Thursday without providing further details. The regulator is weighing up whether to approve France Telecom’s plan to purchase most of OTMT’s stake in Mobinil …
By Leila Abboud and Tom Pfeiffer /Reuters PARIS/CAIRO: France Telecom has finalized a deal to buy most of its partner’s stake in Egyptian mobile operator Mobinil for €1.5 billion ($2 billion), leaving the venture with 95 percent French ownership but significant Egyptian board and management presence. Orascom Telecom Media and Technology Holding’s (OTMT) shares jumped 5.2 …
By Reuters CAIRO: Egypt’s benchmark index closed up 2.1 percent after a surge by mobile operator Mobinil on revived optimism that a deal for France Telecom to buy most of its shares will proceed, traders said. Orascom Telecom Media and Technology has tentatively agreed to sell most of its stake in Mobinil to fellow shareholder …